New Canadian tax treaty has Bermuda looking to profit from Barbados client base
The folks in Bermuda don’t want to upset anyone, but it’s obvious that they are after what Barbados has had a monopoly on for decades.
“Despite the two rival jurisdictions sharing some similarities, Bermuda has the competitive edge (over Barbados) in terms of level of regulation, quality of service provision, access to the re/insurance market and geographical proximity for Canadian businesses.”
Jason Carne, KPMG Bermuda partner talks to Royal Gazette Online
Bermuda just signed a tax treaty with Canada that will allow Canadian insurance companies to form offshore branches and pay little tax just the way they have been doing it in Barbados for twenty years and more. Good for Bermuda – but not so good for Barbados.
KPMG claims Bermuda has “The competitive edge…”
What does it mean for Barbados? Is Mr. Carne shining everyone on?
Let’s hear from our Barbados government representatives… or maybe KPMG Barbados. Hello? KPMG Bridgetown? You there?
Victim was to visit Barbados family for his birthday
Our heartfelt condolences to the family of David Clarke Jr., who was gunned down on Sunday only a few days short of his 27th birthday. Sister Janelle is a lawyer in Barbados and is headed to Bermuda for the funeral this weekend.
Full details are in the Royal Gazette Online
Bermudian Senator LaVerne Furbert accused of “dancing to white man’s tune”
“(Furbert is) a marionette, a black puppet dancing to a white man’s tune.”
…Larry Burchall in the Bermuda Sun
“(Mr Burchall’s comments are) extremely offensive. I’m not a person who has my strings pulled…
At this stage of my life I will dance with anyone. I don’t care if they are black or white. I just want to dance.”
…Bermudian Senator LaVerne Furbert
Listening to the current debate about development at Tucker’s Point in Bermuda, for a moment I thought we were back in Bridgetown in the 1960’s when the white-flight was in full swing and black racial pride was more about “time for some payback” than building our children’s future.
Things have settled down some since those days, but this week in Bermuda the unwarranted injection of the race card overwhelmed what should have been the focus of the discussion. The debate on the real economic, social and environmental issues fell off the tracks as persons on both sides traded racial taunts and accused everyone else of playing the race card (except themselves, of course).
As we’ve said at BFP for a long time, in Barbados and the rest of the Caribbean race is always just below the surface. Sometimes those racial perspectives and an exaggerated racial consciousness combine to hold us back as individuals and as a country.
Sometimes though, the racial awareness alarm bells go off and it’s no false alarm. Continue reading
“Will the Government continue to purport that it is ‘in the public interest’ to sacrifice the environment, or will they look for viable alternative solutions? All of Bermuda needs to be engaged in this discussion over whether we seek short term gain over long term prosperity.”
Katherine Michelmore, environment spokesperson for the Bermuda Democratic Alliance (BDA)
As Barbados citizens question the government’s decision to allow development at Cove Bay, our friends to the north in Bermuda are rising against a similar decision by their government to kill green space in pursuit of the almighty dollar.
Our thoughts at BFP are that Barbados has so many abandoned, unfinished and run down projects, hotels and resorts, that our government should be demanding that new projects be built on existing developed areas. Tear down the old and abandoned and build your shiny new resort where an eyesore stands now.
That would kill two birds: it gets rid of the eyesore and preserves the existing green space.
People might say that is too costly. To that we ask, “Too costly for whom?”
Royal Gazette Online: Premier promises ‘rethink’ of Tucker’s Point SDO
Our thanks to an old friend for the suggestion.
Who really runs Bermuda? Who really runs Bermudian businesses?
by Bermuda Jim
Fresh from the sweet smell of victory over the Paula Cox government in the Sacked Bus Driver scandal, Bermuda Industrial Union president Chris Furbert (above) has now shown who runs private businesses in Bermuda – even if they have no BIU workers on staff.
Mr. Furbert, who is now de facto Labour, Economy and Transport Minister, just forced a privately owned company to bow to BIU orders to reinstate redundant workers. Yesterday BIU gave the company and the government 24 hours to surrender. It only took 17 hours before Renaissance Aviation and the government raised the white flag. Continue reading
Kim Wilson is part of Paula Cox’s mousy government and part of the problem
by Bermuda Jim
When the Paula Cox government backed down from an illegal strike over the firing of a bus driver who deserved to be fired, I said,
“Chris Furbert, Bermuda Industrial Union president, just taught the government of Bermuda who’s boss – and it isn’t the elected representatives of the people of Bermuda. Government used to be the largest employer in Bermuda, but now that title resides with Chris Furbert.
This is big, my friends. The repercussions of this will haunt the government of Premier Paula Cox until forever.”
… from the BFP article Bermudian Transport Minister a weak, timid mouse. Surrenders credibility to Bermuda Industrial Union
Other blogs reflected a similar general mood, and it looks like that feeling registered at least with Economy Minister Kim Wilson (photo above). Wilson is quoted in the Royal Gazette…
“Madam President, I read the blogs and from what I have gathered, Bermuda was appalled by the actions of the Department of Public Transportation worker who called in sick for an extended period and so lacked respect for his employer that he was brazen enough to show up at his place of employment to do a hustle for a colleague for several consecutive days. What’s more, the same worker forged the name of the colleague that he was filling in for.”
Bermuda’s Economy Minister quoted in Royal Gazette’s Minister calls for better work ethic
Paula Cox government showed leadership in the wrong direction Continue reading
Island Time Celebration: Bus driver goes sick to work 2nd job. Caught once before but can’t be sacked!
“Hey man. This be island time. Nobody get fired. Nobody is responsible for anything. Why you mek waves an fuss ’bout nothing? So de man de bus driver phone in sick, then he go to second job. Wat wrong with dat?”
Bermudian Transport Minister Terry Lister surrendered all of his and the government’s credibility today when he reinstated a bus driver who had been caught phoning in sick to work a second job.
The union had been holding the entire country hostage in an illegal strike over the firing of a bus driver who was caught out booking sick to work a second job – and this was the driver’s second offense! He was sacked and instead of being ashamed of his behaviour, the Union decided there was no problem here.
Bermuda Industrial Union teaches the government a lesson
Chris Furbert, Bermuda Industrial Union president, just taught the government of Bermuda who’s boss – and it isn’t the elected representatives of the people of Bermuda. Government used to be the largest employer in Bermuda, but now that title resides with Chris Furbert.
This is big, my friends. The repercussions of this will haunt the government of Premier Paula Cox until forever.
… based upon a submission by “Bermuda Jim”
Bermuda Sun: Shop steward explains how deal was struck to end bus strike
The Royal Gazette: Minister defends decision to reinstate sacked bus driver