British North America

Registration Open for Third Annual Bermuda Tech Summit

Retrieved on: 
Monday, July 26, 2021

The Bermuda Business Development Agency (BDA) announced that registration is open for the third annual Bermuda Tech Summit, which takes place from October 13-15, 2021.

Key Points: 
  • The Bermuda Business Development Agency (BDA) announced that registration is open for the third annual Bermuda Tech Summit, which takes place from October 13-15, 2021.
  • View the full release here: https://www.businesswire.com/news/home/20210726005696/en/
    Bermuda Tech Summit 2021 Theme.
  • Roland Andy Burrows, the BDAs CEO said, Bermuda has repeatedly proved itself open to change, and we invite fellow changemakers to attend this years summit to discuss the constantly transforming digital landscape.
  • Prospective attendees can click here to learn more about the Bermuda Tech Summit, which this year will be hosted on a new virtual platform - BDA Live .

Newsweek Highlights Bermuda in Its Newest Country Reports Feature

Retrieved on: 
Friday, May 21, 2021

The report will be published in the international version of Newsweek in over 55 countries and will be live on Newsweek.com.

Key Points: 
  • The report will be published in the international version of Newsweek in over 55 countries and will be live on Newsweek.com.
  • Burrows said, \xe2\x80\x9cIn this special report, readers will learn how Bermuda is a safe and stable jurisdiction with a pro-business environment that embraces innovation.
  • Through initiatives such as the Economic Investment Certificate (EIC) and the Bermuda tech summit, Bermuda has crafted various options for business leaders around the world to experience the Bermuda difference and to do business here.
  • Through its EIC and Work from Bermuda Certificate initiatives, Bermuda has attracted professionals and high net worth individuals to relocate to and work from Bermuda.

Nova Scotia’s restaurants need a sector-specific survival package to bring back 9,600 jobs

Retrieved on: 
Thursday, May 13, 2021

b'HALIFAX, May 13, 2021 (GLOBE NEWSWIRE) -- Restaurants Canada is calling for a sector-specific support package to recover more than 400,000 foodservice jobs \xe2\x80\x94 including 9,600 jobs still missing from Nova Scotia\xe2\x80\x99s restaurant sector.\n\xe2\x80\x9cRestaurants are key to feeding Nova Scotia\xe2\x80\x99s recovery and bringing back jobs, but first they need to survive,\xe2\x80\x9d said Luc Erjavec, Restaurants Canada Vice President, Atlantic Canada.

Key Points: 
  • b'HALIFAX, May 13, 2021 (GLOBE NEWSWIRE) -- Restaurants Canada is calling for a sector-specific support package to recover more than 400,000 foodservice jobs \xe2\x80\x94 including 9,600 jobs still missing from Nova Scotia\xe2\x80\x99s restaurant sector.\n\xe2\x80\x9cRestaurants are key to feeding Nova Scotia\xe2\x80\x99s recovery and bringing back jobs, but first they need to survive,\xe2\x80\x9d said Luc Erjavec, Restaurants Canada Vice President, Atlantic Canada.
  • \xe2\x80\x9cIf subsidies are scaled back too soon, they won\xe2\x80\x99t have the working capital they need to transition from survival to revival.\xe2\x80\x9d\nAccording to the April Labour Force Survey from Statistics Canada, more than two thirds (70.9%) of the 503,000 jobs still missing from the Canadian economy in the wake of COVID-19 are from the foodservice sector.\nFactoring in the 80,700 employees who didn\xe2\x80\x99t work any hours last month, there are still 437,500 fewer people working in Canada\xe2\x80\x99s foodservice sector than there were in February 2020.
  • This includes 9,600 restaurant jobs still not recovered in Nova Scotia \xe2\x80\x94 a quarter of the province\xe2\x80\x99s foodservice workforce.\nWith a number of provinces prolonging or increasing dining restrictions as they continue to contend with the third wave of the pandemic, further foodservice job losses will likely be reported in May.\n\xe2\x80\x9cThe vast majority of foodservice businesses have been operating at a loss or barely breaking even throughout the entire pandemic, with nearly half consistently losing money for more than a year,\xe2\x80\x9d said Erjavec.
  • Before the start of the COVID-19 pandemic, Nova Scotia\xe2\x80\x99s $2 billion restaurant industry was the province\xe2\x80\x99s second-largest source of private sector jobs, typically employing 38,000 people.\n'

BDA Launches Climate Risk Finance Initiative

Retrieved on: 
Friday, April 23, 2021

b'As part of its strategy to foster sustainable, equitable growth in Bermuda, the Bermuda Business Development Agency (BDA), led by Government and in collaboration with the private sector, has launched an initiative to establish and promote the jurisdiction as the world\xe2\x80\x99s climate risk finance capital.\nThe aim is to make climate risk finance an additional leg on Bermuda\xe2\x80\x99s economic stool, one that is highly aligned with, and complimentary to our key market strengths: re/insurance, Insurance-Linked Securities (ILS) and our professional services expertise.\nBDA CEO, Roland Andy Burrows, said, \xe2\x80\x9cIt is a natural fit for Bermuda to become a major base of operations for the global climate risk finance sector.

Key Points: 
  • b'As part of its strategy to foster sustainable, equitable growth in Bermuda, the Bermuda Business Development Agency (BDA), led by Government and in collaboration with the private sector, has launched an initiative to establish and promote the jurisdiction as the world\xe2\x80\x99s climate risk finance capital.\nThe aim is to make climate risk finance an additional leg on Bermuda\xe2\x80\x99s economic stool, one that is highly aligned with, and complimentary to our key market strengths: re/insurance, Insurance-Linked Securities (ILS) and our professional services expertise.\nBDA CEO, Roland Andy Burrows, said, \xe2\x80\x9cIt is a natural fit for Bermuda to become a major base of operations for the global climate risk finance sector.
  • \xe2\x80\x9cBermuda has for years punched above its weight, playing a disproportionate role on the world stage for a jurisdiction of our size.
  • By extending our global reinsurance leadership to climate risk finance, Bermuda can again prove to be a collaborative partner to the world\xe2\x80\x99s key markets, a leading member of the worldwide family of responsible communities, playing a major role in delivering solutions to one of the most important challenges of our time.\xe2\x80\x9d\nA core team of leaders from Government, the BDA and its partners have been preparing for virtual and, in due course, in person engagements to educate capital allocators, entrepreneurs and other key stakeholders about Bermuda\xe2\x80\x99s key competitive advantages in climate risk finance, and the exciting options Bermuda affords to accelerate and support strategies in this sector.\n\xe2\x80\x9cWe will work to bring climate risk finance firms to Bermuda, thereby providing a new landscape of exciting and innovative career opportunities for Bermudians,\xe2\x80\x9d BDA Chair Stephen Weinstein added.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

BDA Releases Special Bermuda:Re+ILS Edition Showcasing Bermuda’s Class of 2020

Retrieved on: 
Wednesday, April 7, 2021

The Bermuda Business Development Agency (BDA) has partnered with Newton Media to create a special edition of Bermuda:Re+ILS to commemorate Bermudas Class of 2020 with the (re)insurance start-ups and new capital report.

Key Points: 
  • The Bermuda Business Development Agency (BDA) has partnered with Newton Media to create a special edition of Bermuda:Re+ILS to commemorate Bermudas Class of 2020 with the (re)insurance start-ups and new capital report.
  • The special report covers profiles of 13 notable companies that include Q&As with senior executives from the Class of 2020 start-ups and the established companies that successfully raised substantial capital.
  • Bermuda has continued to welcome new companies, capital, and investors throughout 2020.
  • Bermuda continues to be at the forefront of providing innovative solutions to solve clients needs and, with the Class of 2020 set to extend into 2021, we remain bullish about Bermudas future prospects.

BDA to Spotlight Bermuda Market at RIMS Virtual Conference

Retrieved on: 
Tuesday, April 6, 2021

The Bermuda Business Development Agency (BDA) will host a virtual panel discussion on Bermudas liability market and a Bermuda networking break as part of RIMS, the risk management society annual conference, a comprehensive risk management event that connects and informs the risk management community.

Key Points: 
  • The Bermuda Business Development Agency (BDA) will host a virtual panel discussion on Bermudas liability market and a Bermuda networking break as part of RIMS, the risk management society annual conference, a comprehensive risk management event that connects and informs the risk management community.
  • The BDA is proud to be a diamond sponsor of this years event, RIMS LIVE, which takes place from April 1930.
  • The BDA and Bermuda are extensively committed to supporting and growing the risk management industry here, and participating in the RIMS annual conference is a key part of that.
  • For those who want to connect with Bermuda and the BDA, or find out more, the BDA will host a virtual booth where delegates can learn more about the market, view videos, and engage in live chat.

Minister of Justice and Attorney General of Canada announces judicial appointments in the province of Nova Scotia

Retrieved on: 
Tuesday, April 6, 2021

I am confident they will serve the people of Nova Scotia well as members of the Supreme Court of Nova Scotia."

Key Points: 
  • I am confident they will serve the people of Nova Scotia well as members of the Supreme Court of Nova Scotia."
  • Justice Dewolfe is currently a volunteer mentor of the Nova Scotia Black and Aboriginal Lawyers and Nova Scotia Judges.
  • This investment in the family justice system will create 39 new judicial positions in Alberta, Ontario, Nova Scotia, and Newfoundland and Labrador.
  • Federal judicial appointments are made by the Governor General, acting on the advice of the federal Cabinet and recommendations from the Minister of Justice.

International Investors Can Now Apply for Bermuda’s New Residency Certificate

Retrieved on: 
Monday, April 5, 2021

Recipients are required to invest a minimum of $2.5 million in certain Bermuda industries, sectors, charities, or government programs to receive residency rights for five years.

Key Points: 
  • Recipients are required to invest a minimum of $2.5 million in certain Bermuda industries, sectors, charities, or government programs to receive residency rights for five years.
  • After five years, certificate holders can apply for a Residential Certificate.
  • Interested parties can schedule a confidential conversation to learn more about the certificate itself and the wider opportunities Bermuda provides.
  • As a stable, long established, and entrepreneurial destination, international investors can be confident Bermuda is the right place for them and their family to call home.

Bermuda Tourism Authority names Charles H. Jeffers II to the CEO

Retrieved on: 
Thursday, April 1, 2021

HAMILTON, Bermuda, April 1, 2021 /PRNewswire/ -- The Bermuda Tourism Authority has today announced the appointment of Bermudian Charles H. Jeffers II, to the post of Chief Executive Officer.

Key Points: 
  • HAMILTON, Bermuda, April 1, 2021 /PRNewswire/ -- The Bermuda Tourism Authority has today announced the appointment of Bermudian Charles H. Jeffers II, to the post of Chief Executive Officer.
  • Charles Jeffers joins the Bermuda Tourism Authority ending his tenure as Chief Operating Officer at Visit Baltimore, the official destination management organisation (DMO) for Baltimore, Maryland.
  • With a valued network of contacts locally and internationally, Jeffers serves on several industry and non-profit boards.
  • AboutBermudaTourismAuthority(BTA):TheBermudaTourismAuthority(BTA)isanaward-winning,accredited destination marketing organisation that promotes Bermuda internationally and works toempower our tourism industry stakeholders.

Study underway in Nova Scotia long-term care facilities to determine health factors related to severe COVID-19 outcomes and vaccine effectiveness

Retrieved on: 
Wednesday, March 3, 2021

The team is led by Dr. Lisa Barrett, an expert in infectious diseases and a clinician scientist at Dalhousie University and Nova Scotia Health.

Key Points: 
  • The team is led by Dr. Lisa Barrett, an expert in infectious diseases and a clinician scientist at Dalhousie University and Nova Scotia Health.
  • Our study aims to determine which health factors cause elderly people to be more susceptible to severe or fatal cases of COVID-19.
  • Dr. Barretts study will involve residents of long-term care facilities in Halifax, Nova Scotia.
  • Nova Scotia Health provides health services to Nova Scotians and a wide array of specialized services to Maritimers and Atlantic Canadians.