The Investment Executive magazine in Canada reports that the provincial government in Nova Scotia is giving tax breaks to a Bermuda company to encourage more outsourcing of jobs to Halifax!

West End Capital, a Bermuda based hedge fund/insurance group, apparently has legal, accounting and software staff in Halifax - because qualified people are paid less there and it is difficult to get work permits on the Islands of Bermuda (and then difficult to retain good staff on the Islands).

Paragon Bermuda - a Bermudian application development company which has investors in common with West End Capital - has long had software developers in Nova Scotia for similar reasons.