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RMA / MBBP Newsletter

End May 2021

Valued RMA/MBBP Members

NOTHING NORMAL ABOUT IT AS LOCKDOWN CONTINUES

There is some light at the end of the tunnel!

This past weekend I could launch my boat, play golf and tennis to my heart’s desire; For most of us, nothing will have changed this past weekend.

Nor will much change for the small businesses who have borne the brunt of the closures brought about by the Ford government as a result of Covid-19.

Consider that in Toronto, the hardest-hit region with Covid, and the reason most of the province is shut, restaurants have been closed to indoor dining for 355 days, gyms for 342 days, and hair and nail salons for 271 days.

There is no evidence of these facilities causing spread but they have been closed for months upon months to stop the possibility that people could leave their homes and possibly spread Covid.

The same argument was made about golf but after a few weeks of bad headlines about there being no evidence of golf causing the spread, the courses opened this past weekend.

After that, things will open gradually after 21 day intervals between stages.

That means in Mid-June, we can see restaurant patios with up to four people at a table, outdoor gatherings of up to ten people, outdoor religious services, and outdoor sports training can resume and day camps can startup.

That’s what can happen when 60% of the province has at least one shot of the vaccine. Currently, the province is sitting at 58.5% of the population with a vaccine and it takes two to three weeks for the vaccine to take effect.

So about 21 days after that, we can move from phase one to phase two. Meaning 70% of the adult population has one dose and 20% has two doses, then we can take another step (phase two) and hopefully get a legal haircut.

Outdoor gatherings can increase to 25 people. Indoor gatherings can increase to five people (non-family) from zero if we keep two meters apart or wear masks.

This is not a return to the pre-Covid normal.

At that point in our one dose summer, we could have up to six people at a patio table for supper, but still no indoor dining.
We could go on a boat tour. Outdoor sports leagues could resume, If we are lucky, we are looking at July 5th for that to happen, and then if all goes well by the end of July, we can have some more activities.

With 70-80% of the population with one dose and 25% with two doses, the Ford government is saying we can resume larger indoor events like religious services, events, and indoor dining.

It’s far earlier than the Trudeau government in Ottawa recommends but so are plans released by Quebec  (2,500 fans can watch live, the Montreal Canadians hockey, effective May 26th) and Saskatchewan – later than many in the business community would like.

CFIB (Canadian Federation of Independent Businesses) is deeply disappointed that there isn’t an immediate reopening of low-risk business activities. Dan Kelly, President said “We were hoping for a more comprehensive plan that would allow businesses to better plan for reopening.

The Ontario Chamber of Commerce struck a different tone and called the plan pragmatic. “Transparency and clear communication from the government of Ontario is critical for business confidence during this time. We are pleased to see the government use evidence-based metrics and thresholds to indicate when Ontario will move from one stage of reopening to the next.”

Your view of the plan will depend upon where you live. I personally, think it stinks. I would have reopened sooner on low-risk activities along with all retail with restrictions but that’s not where the doctors, the politicians nor the majority of the public have been.

It’s been a frustrating 14 months to get to this point. Let’s hope this is the last reopening plan we see.

MBE is highly active in creating social awareness through social media with regards to social distancing measures and how necessary they have been in the current pandemic. Our goal is to act as a catalyst in helping the Government through tough times and enable them to bounce back from problematic scenarios. The Covid-19 crisis is still having huge repercussions on the financial sector causing catastrophic cash flows problems for most companies due to having no business activities from March 2020 to May 2021. Although various restrictions have been loosened for some businesses, it is next to impossible to get back the business they have lost during these past 14 months.

Sure the Government has tried to help with their CECRA and CERB programs but like everything else in life, these programs have their flaws.

The Health & Well-being of all our customers, clients, and stakeholders is something that MBE Inc. hopes for on a daily basis. Always take precautions and measures to keep your loved ones safe when it comes to anything regarding COVID-19.

Your Life Insurance policy with MBE is the ultimate security for you and your family. It not only provides a sense of safety but also gives you the freedom to enjoy your life without fearing the worst.

Why not take advantage of our recovery loan options as nothing is predictable in the business world these days. MBE Accounting is helping its business customers in the process of acquiring fast recovery loans. Please connect with Mr. Mahmood Naqvi: 1-866-667-1377 Ext: 205 & Mr. Kashif Jamal: 416-575-0873, Email: covid-19@rmacanada.com

MBE Insurance is offering you the best life or business insurance deals with affordable premiums. It is of the utmost importance to have the proper coverage during these unpredictable times due to the ‘COVID-19’ pandemic. To cover your business from bankruptcy or to have life insurance due to the recent pandemic, please Contact, Mr. Syed Hassan: 647-832-7265 & Mr. Kashif Jamal: 416-575-0873, Email: covid-19@rmacanada.com

Click here to view all the benefits.

To learn more about our other memberships, Click here!

News

The Mansoor Naqvi team proudly presents an excellent Investment Property in North York Uptown.

We are Platinum Brokers with the Builder, and bring unparalleled benefits to our clients.

- Prices starting from the low $600's
- Extended Deposit Structure: 15% in 18 months
- Yonge and Sheppard
- Free Assignment
- Right to Lease during Occupancy
- Capped Development Charges: 1 Bedroom / 1 Bedroom + Den: $12,500 2 Bedroom / 2 Bedroom+Den / 3 Bedrooms : $15,000
- Occupancy in Spring 2024

This location is surrounded by a variety of Amenities:

Major intersection Yonge and Sheppard
Subway station Don Mills Line
Bayview Village Mall and Yonge/Sheppard Mall
High Ranking Primary and Secondary Schools
Minutes away from Highways 401/404 &407
Many high-end shops and restaurants
North York General Hospital nearby

We are a Platinum broker for this project & getting an exclusive deal from the builder.

If you are interested to book a unit on this project with the platinum package, please provide the following information ASAP.

1-Copy of driver license
2-Email & phone number

Please see the brochure here!
View Floor Plans, learn features & incentives, also check out the Pricings & Models Pricings

For more information or details, please contact:

Syed Hassan, Broker
Call: 647-832-7265
Email: syedhassan@royallepage.ca

TOP BENEFITS FOR MBBP/ RMA MEMBERS

One single benefit may pay your annual membership a few times over.

Join RMA/MBBP

Enjoy The Benefits:

MB Accounting Offers Free of Cost Personal Tax Returns filling to all RMA/MBBP members every year. Also guaranteed 20% discount on any personal or corporate accounting service.

Save thousands of dollars on day to day merchant processing of credit & debits Cards. Exceptional savings for RMA/MBBP members.

Save 3.5 Cents per litre on any type of fuel at any Esso Gas Station across Canada regardless of volume.

Compare instant quotes from multiple carriers. Ship across the country or worldwide using our cloud-based shipping platform.

Call now to get latest Smart POS Terminal for your business on a free trial.
Use Promo Code : POS1


Be the first to get in on this exciting new offer.
Call the office at 1-866-667-1377 for more details.

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MBE Business Magazine is a successful business magazine that is circulated throughout Ontario, Canada. Our Magazine has absorbing insights and articles on market trends, economy, stock market changes as well as interviews and advice from successful business leaders and entrepreneurs.