On Thursday, Minister of Home Affairs, the Hon. Alexa Lightbourne, JP, MP, launched the Affordable Bermuda Agenda, an initiative aimed at delivering cost of living relief for Bermudian households and businesses.
This plan marks a milestone in the ministry’s journey following months of public engagement, industry collaboration, and policy refinement, and sets the foundation for sustained affordability across key sectors.
Following an island wide survey that captured the voices of over 2,200 residents and 270 businesses, the Ministry hosted a Cost of Living Summit where the findings and possible solutions were explored.
The resulting Affordable Bermuda Agenda reflects a capture of the Ministry’s findings and defines its plan to address the lived realities of Bermudians. Four priority areas are addressed in the plan: imports and food security, utilities, housing, and consumer empowerment.
Key initiatives of the Report include:
- A modernized Landlord and Tenant Act, which is now open for public feedback on the Government’s Citizens Forum.
- Legislative modernisation and sustainability initiatives to support household food production and reduce import costs.
- Strengthened utility regulation and a review of Bermuda’s energy transition to ensure affordability and fairness.
- A National Consumer Rights Campaign to empower residents with knowledge and choice.
The Ministry signalled the completion of phase one of its efforts, which now will seek to implement and advance legislation of critical sectors. The baton now passes to the Cost of Living Commission to advance regulatory safeguards and monitor progress.
Minister Lightbourne emphasised the collective spirit behind the Agenda, saying, “The Affordable Bermuda Agenda represents hope. Not only in the policies it inspired but in the collective spirit it reignited. When government, industry, and community unite, not just in words, but in work, progress is not only possible; it is inevitable.”
The Ministry extends its gratitude to the Cost of Living Strategy Group, the Cost of Living Commission, and industry partners including The MarketPlace, BGA, Butterfield & Vallis, Viking Foods, Dunkley’s Dairy, and Lindo’s Group for their commitment to shared sacrifice and community support.
Immediate initiatives launched in support of the Ministry Affordable Agenda include stakeholder commitments to provide a 20% reduction on select national brands, baby formula, rice, dairy, toiletries, and cleaning supplies, secured through a partnership.
The public is encouraged to download their copy of the Affordable Bermuda Agenda by visitingwww.costofliving.gov.bm.
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