PLP: The truth hurts!

TUESDAY, OCT. 2: The Truth Hurts!

Fact: The OBA's island wide EEZ would end special privileges for businesses  in Somerset, NE Hamilton and St. George's.

Fact: Bob Richards told the House of Assembly in regards to EEZ grants that, "The whole idea of grants, to me, is unacceptable. It needs to be removed."

Fact: Bob Richards said in regards to EEZ grants, "No, no, no. This is a huge moral hazard."

Fact: OBA MPs voted against authorising grants from the Bermuda Economic Development Corporation to businesses in the EEZ

The OBA may get angry - but that's because the truth hurts!  The truth is, they said they would systematically destroy the EEZ by ending the grants and ending the special privileges for businesses in the Economic Empowerment Zones.

The PLP founded the EEZ to provide support to our small businesses in North East Hamilton. We expanded it to the East and West ends of the Island; and, it's working. Four businesses just opened shop in St. George's in the EEZ and enjoy EEZ benefits. Dozens more Bermudian owned businesses in NE Hamilton and Somerset have also benefited. We've seen companies move and expand into the EEZ to provide more economic activity in these targeted areas.

"The OBA may get upset and accuse the PLP of lying, but the transcripts from the House of Assembly do not lie. The party of no ideas and no solutions would be advised to tell the Bermudian people where they stand on the challenges that we as a country face instead of trying to rewrite history and run away from their record.