Together, we spark ideas and advance solutions to the issues that matter.
Well, we have survived another winter, and are looking forward to brighter days ahead. I would be remiss to not make a few comments about the passing of a true City Builder, Hazel McCallion. Her energy and enthusiasm for the potential and promise of Mississauga was truly a driving force. I was equally impressed every time I had the good fortune to interact with her. Just a few months ago, she remained as vibrant as the first time I met her a few decades ago. Full of life and always aware of the issues of the day, she was an inspiring leader and someone who will not be forgotten for all the work she did in building the great City of Mississauga.
As we look forward, I reflect on the continuous need to innovate and improve our processes, with the impact on the environment at the forefront of policies and decision making. Businesses need to be leaders and innovators in striving for change, locally and across the country. Sustainability is not just the word of the day, but a shift in practices that benefit the environment, future generations, and the bottom line.
These discussions can bring about new ideas in the workplace, such as the introduction of electric vehicle charging stations for employees and customers, or the expansion of new technologies to reduce waste.
Being in the forestry sector myself, our environmental impact is a key factor in our decision making process and our practices are well positioned to assist in achieving sustainability goals. Canada has some of the best managed forests in the entire world that follow extremely strict sustainability targets. We ensure that all of the fibre harvested is utilized when turning logs into lumber, with residual fibres creating energy, paper, engineered wood products, and animal bedding.
I encourage us all to review our business impact, and evaluate opportunities for positive change for the environment. Incremental improvements to our policies and practices, while remaining conscious of the need to deliver our products and services to market, can still bring great change as role models in your respective industries. By being open to new ideas and committing to positive change, we can help drive long term sustainable practices across all business sectors.
Like Hazel was able to do, lets focus on making a positive impact on both our local and global communities, and share the responsibility we have in making Mississauga a better city.
Hazel McCallion served the people of Mississauga as a public office holder for nearly a half century. Few elected officials in any democracy can claim to have had such a lengthy record of electoral success Hazel McCallion’s successes were many and hardly exclusive to the ballot box Having been Mississauga’s Mayor for 36 of 49 years since amalgamation in 1974, she presided over extraordinary growth in the city From a city that had a population of a quarter of a million people when she took office to becoming a city today of over 700,000, Hazel led efforts to attract people and businesses to the city
She understood the importance of business in fueling prosperity and economic growth that contributes to a high quality of life for the residents of Mississauga. Indeed, Mississaugans were beneficiaries of that outlook having seen many multinationals locate here. In that light, Mississauga has become home to many corporate headquarters. She helped attract those corporations – and the jobs they created – through developing strong relationships for the city internationally Additionally, throughout her time in public life, Hazel was always a strong supporter of small and large business and, specifically, the Mississauga Board of Trade – both as Mayor and in the years following her retirement She saw the Board of Trade as a key player in Mississauga’s economy
On behalf of Mississauga’s business community, thank you, Hazel
EXECUTIVE COMMITTEE:
• Steve Rhone, Weston Forest | Chair
• Sameer Sharma, Crown Group of Hotels | Vice-Chair
• Lucie Shaw, Nurse Next Door | Immediate Past Chair
• Crystal Reedie, RBC | Treasurer
• Adam Nowak, Gallagher Insurance
• Jonathan Borrelli, KMB Law
• Trevor McPherson, MBOT President & CEO (Ex-officio)
DIRECTORS:
• Amanda Pautler, University of Toronto Mississauga
• Atul Sharma, Greater Toronto Airports Authority
• Dr. Mo Amin, AstraZeneca Canada
• Janet Wardle, MHI Canada Aerospace Inc.
• Joanne Islip, Sheridan College
• John McKenna, McKenna Logistics Centres
• Linda Kern, The Kern Group, Inc.
• Malaika Mendonsa, Grant Thornton LLP
• Parveen Dhupar, BTI Brand Innovations Inc.
• Paul Meo, NTN Bearing Corporation of Canada
• Steve D’Agostino, Avega Inc.
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EDITORIAL INQUIRIES: Anthony Ferreria - aferreria@mbot.com
Established in 1961, Mississauga Board of Trade proudly serves as a the Chamber of Commerce for the sixth largest city in Canada – the third largest city in Ontario. Mississauga Board of Trade represents all businesses in Mississauga. MBOT’s large, diverse and active membership has made us one of the most vibrant business associations in Canada. As the “Voice of Business” we advocate on policy issues that impact local business at all levels of government, and are influential in helping to shape policy decisions. MBOT also offers a wide variety of valuable business services and professional development programs, networking events and marketing opportunities, to help business grow, prosper, and get connected.
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Former Prime Minister Brian Mulroney has often remarked about the close relationship he enjoyed with both Presidents Reagan and George H. W. Bush. There were many areas of common purpose, including of course a strong belief in the benefits of free trade in supporting economic growth and increased prosperity. From that very first Canada-U.S. Free Trade Agreement (FTA) signed in 1987 through its subsequent iterations including the addition of Mexico as a partner to the agreement when the first NAFTA was signed in 1994, a foundation for a longstanding trilateral trade agreement (now known as the Canada-United States-Mexico Agreement or CUSMA), was established.
Coming to a final agreement on the first NAFTA was a challenge. Two key protections needed to be included in any final agreement for it to get through the U.S. Congress: labour and environmental standards. President Clinton was able to have these added to the final text and the first NAFTA was signed into law on December 8, 1993. This was not the first time that environmental policy had featured prominently in Canada’s relationship with the United States. Throughout much of the 1980s and early 1990s, the big issue was combatting the effects of acid rain. Ultimately, seven years of high-level advocacy with our American friends together with concrete, “lead by example” action in Canada led to the signing of the Acid Rain Accord
in 1991. From this point forward, environmental protections and the impacts of climate change have been increasingly important concerns for not only governments around the world, but indeed for the business community.
Today, there is broad acceptance of the inextricable link between the environment, economic growth, and our quality of life. Furthermore, we have moved significantly in our thinking from simply “addressing a problem” (climate change and its devastating effects) to what is now a story of economic potential. The global cleantech market in 2023 is estimated at over $2.5 trillion USD. Canada’s currently sits in 2nd place to the United States and above Germany in the 2023 Cleantech Innovation Index. We are now seeing significant new investments in electric vehicle and battery manufacturing, and major commitments by companies like Mississauga’s Purolator Inc. which recently announced that it will spend $1 billion CAD to transition 60% of their fleet and 60% of its terminals to electric over the next seven years. There are countless opportunities for businesses with expertise in the circular economy, energy and water conservation, hydrogen technologies, and so much more.
Mississauga is well positioned for a “net win” in the global effort to chart a course to net zero. MBOT members like Fielding Environmental have been leading the way for decades. Mississauga Bus, another valued member, is producing
all-electric coach buses for the global transportation market. Next Hydrogen is working with a large retailer to demonstrate how their technology can contribute to greener operations. Our post-secondary institutions are producing top talent that are ready to take on rewarding roles in areas like environmental management and supporting new foreign direct investment in the clean technology space.
In recent weeks, the UN’s Intergovernmental Panel on Climate Change issued its latest report, using its strongest language yet about the dire costs of inaction. In response, UN Secretary General Antonio Guterres stated that all countries should bring forward their net zero plans by a decade. At MBOT, we will be doing our part by working with partners like the City of Mississauga, Partners in Project Green, and many others to support businesses in our community with the resources they need to tackle their own climate-change objectives and take advantage of the rapidly expanding global cleantech market.
Experience luxury living in the heart of charming Port Credit, the GTA’s hidden gem. With plenty to do, see and savour, and the city just a 25-minute GO Train ride away, nothing is far from your doorstep at The Shores of Port Credit.
Introducing Luxury Senior Rentals, where 5-star amenities and first-class service is the rule, not the exception. We take care of the details so you’re free to live your way. Refine your golf swing in our golf simulator, sip wine in the cellar with new friends, take up a new fitness routine at The Shores Aquatic & Fitness Club, or dine in at one of the many restaurant options. The only thing left to question: where will today take you?
At The Shores of Port Credit, you have the freedom to choose — and the peace of mind that should you need assistance, our professional team is at your service.
We’re certain you’ll discover your new favourite place amongst the impeccably designed spaces featuring curated art collections around every corner and smart technology focused on comfort, safety, and security.
Every space, every amenity, every detail has been carefully considered and designed to perfection — beautiful, contemporary finishes of natural materials, soothing colour palettes, and floor-toceiling windows to maximize natural light and the captivating views — all from the comfort of your luxury private residence. Plus, a 24-hour emergency response system for peace of mind — just another way you’re part of The Shores of Port Credit community.
Are you ready to experience unparalleled senior living? Come tour your future today.
www.TheShoresOfPortCredit.com
MELISSA BABEL
B.A. (Hons) LL.B, Barrister and Solicitor
Babel Immigration Law
NEXUS - New interview option coming - Spring 2023
On January 25, 2023, the Canada Border Services Agency (CBSA) and the U.S. Customs and Border Protection (CBP) announced that they are moving forward with a new option to increase the enrollment capacity for new and renewing NEXUS members. The new enrollment option for air travelers is expected to be available by Spring 2023 and will include CBSA interviews at reopened airport enrollment centers in Canada and separate CBP interviews at Canadian airport preclearance locations for applicants departing for the United States. This is welcome news for many Canadians who have been waiting for renewals of NEXUS or the ability to apply at a Canadian airport.
In November 2022, we were introduced to the new NOC 2021, which included restructuring and adding groups across broad occupational categories and the Training, Education, Experience and Responsibility categories. This new system also referred to as TEER, introduced a 6-category system for entry into an occupation.
As of December 22, 2022, the Government of Canada introduced an updated list of occupations eligible under the Global Talent Stream program, which now includes applicants qualified in civil, electrical and electronics, mining, aerospace engineering, and electrical/ electronics engineering technologists and technicians.
As Canada continues to work towards an economic future, this news has been received with open arms by highlyskilled foreign workers looking for a pathway into Canada.
As of February 1, 2023, Immigration Refugees and Citizenship Canada announced that a third option for English language testing, will be able to be used to confirm language skills. The Pearson Test of English (PTE) will be acceptable along with the IELTS and CELPIP as credibly approved English language tests for Canadian immigration applications. A launch date as to when this testing criterion will be acceptable has yet to be announced by IRCC; but is expected in late 2023.
On January 30, 2023, USCIS announced the new and improved design of the Permanent Resident Card, also called the “Green Card,” along with Employment Authorization Documents “EAD’s”. The goal of these changes is to limit the threat of document tampering, counterfeiting and fraud.
Physical changes include improved detailed artwork, tactile printing, enhanced optically variable ink, secured holographic images on the front and back of the cards, a layer-reveal feature with a partial window on the back
photo box and data fields displayed in different places than on previous versions.
USCIS emphasized that individuals still currently holding the previous model of the cards can still use them until their validity period.
As of December 12, 2022, U.S. Citizenship and Immigration Services has updated its policy to allow automatic extensions on Green Cards for permanent residents who have applied for naturalization.
Ultimately this extension will apply to any lawful permanent resident who filed Form N-400 on or after December 12, 2022. Lawful Permanent Residents who filed for naturalization before December 12, 2022, the date this policy came into effect, will not receive a Form N-400 receipt notice with the extension. Those with expired Green Cards must maintain valid evidence of their lawful permanent residence status and must still file Form I-90.
These changes were implemented in response to the heightened processing times and in recognizing that USCIS is striving to improve efficiency by reducing the number of ADIT stamp appointments.
Migrate Home - like the birds - is a unique full-service relocation business in Ontario, Canada.
Powered by great people, teams are assembled to t your unique needs, timing, and nancial expectations. Together we are your lifestyle advocates, decision partners, and relocation leaders.
Heather MacDonald, Keller Williams Real Estate Associates, Brokerage is a proud Migrate Home partner, because...
Alone is hard. Together is easy.
heather@migratehome.ca
416-305-6159 migratehome.ca
Once upon a time, there were two sisters who had dreams. Not the same dreams, yet there was a common thread. That lead to a decision to immigrate to Canada. One by one – about a year apart with spouses in tow. Because of that, and the common thread, I became a decision partner in their journey. The question of where to live, and how to get there is often complicated and unique to each person.
What happened next I didn’t see coming; it was so rare, so smart, so bold. An idea to purchase a home they could share, instead of separate living in rentals costing the same or more!
That lead to questions – many questions. Curiosity uncovered the challenge and the opportunity – which lead to figuring out which combination of the group could qualify for a mortgage. We nailed it – so that meant searching and viewing all manner of weird housing options across the GTA in bitterly cold, snowy weather.
Yet the persistence paid off and we swooped in for the kill on a bungalow in Clarkson that was perfect! That lasted for a few years until the babies started to arrive, grow, and thunder through the house.
What to do? They replayed the strategy and pulled out equity and ownership in that property to fund a second property. But it didn’t stop there! The team of four became a team of six – because now a third sister and her husband joined the plan for House #2. Now, the sister with children has the first house. The other two sisters without children have the second house. The story doesn’t end there!
The sister with the children has been able to open a very small restaurant. Being the enterprising diva she is, that too is a growing success. It is possible that in another year, the team will replay the strategy and another combo between these six people will produce a third residence.
It took six years between House #1 and #2, and now in our eighth year we see the potential for leveraging it again. Collaboration is the uncommon, common thread they share.
If there is will, there is a way. What’s holding you back from following their lead? Sure it can be complicated, take a lot of time, research, and conversation. Let’s build your story. Let’s make collaboration more common!
surrounding communities, and their sustainable development goals.
The city of Mississauga is supporting some of these investments by reimbursing up to 50% of a business’ stormwater charge if they install nature-based solutions to manage stormwater runoff.
Valley Conservation
Nature-related investments are one of the fastest-growing environmental, social, and corporate governance priorities — and for good reason. While the world’s been focused on rising temperatures, a critical decline in nature and biodiversity has also been underway. According to a recent United Nations report titled “Nature’s Dangerous Decline”, nature is disappearing at unprecedented rates, and less nature means more CO2 emissions, creating a vicious and destructive cycle.
Consensus is now building around the urgency of this threat and the need for immediate action. In December, roughly 190 countries, including Canada, committed to an ambitious global framework for managing nature through 2030.
The good news is, when it comes to protecting and restoring nature, even small, localized actions can produce meaningful results. More and more business leaders are recognizing the positive impact an investment in nature can have on their organizations, their
Here are a few science-backed ways to invest in nature:
Trees are carbon dioxide vacuums that bring balance to ecosystems and provide shelter for wildlife. Planting trees is a rewarding and easy way to improve the local environment.
The world’s food supply depends on pollinators like birds and bees, and both populations are declining at an alarming rate. Consider adding a native pollinator garden on your property to help support and protect these important creatures.
When rain falls on hard surfaces like pavement, the water runs off into a sewer instead of being absorbed into the ground. On its way to the sewer, it picks up contaminants like car oil and pesticides, eventually polluting our rivers and lakes. Retrofitting your parking lot with a porous pavement alternative — or replacing
paved surfaces with greenspace — can substantially reduce your environmental impact (and your stormwater charge!)
Rooftop gardens or water storage systems are designed to capture and slow the flow of rainwater before it becomes harmful runoff. This is another a great way to reduce your stormwater charge. Low-rise green roofs can also provide food for pollinators and birds.
Ready to invest nature and reduce your stormwater charge? Credit Valley Conservation is offering businesses a free sustainable landscaping assessment and action plan through its Greening Corporate Grounds program.
Visit cvc.ca/gcg to learn more or connect with us at gcg@cvc.ca
Planning Committee Chair: Tyril Froese, MNP
Judging Committee Chair: Alice Bolton, MNP TO ALL NOMINEES!
BUSINESS PERSON OF THE YEAR:
Adrianne Fekete - Star Quality Private Investigations
Anne Edwards - SteveTV.TK
Arnon Melo - Mellohawk Logistics Inc.
Ash Tandon - Godspeed Group
Bhargavi Rajesh - Schooley Mitchell
Cheryl Martinez-Ostler - Ostler Legal Services
Christopher Kim - NetDynamic Consulting Inc.
Dr Sonya Hamilton - Rebound Health and Wellness
Dr. Neil J. Gajjar - Gajjar Dentistry Pc
Jacky Sheppard - Streetsville Childrens Centre
Julie Labrie - BlueSky Personnel Solutions
ALL OTHER CATEGORIES:
365 Canada International Education & Integration Services
AKAL Mortgages Inc.
ARGO Development Corp.
Achēv Ahmed Group of Companies Inc.
Always Connected Treatment Network
Ankit Designs
Anubis 3D Industrial Solutions Inc.
Axis Communications
Blue Giant Equipment Corporation
BlueSky Personnel Solutions
Le Luong - Nurture Growth Biofertilizer Inc.
Luxmihaasan Rasappah - Kabis & Associates Inc.
Paul Hainer - Insuranceland Inc.
Paul Meo - NTN Bearing Corporation of Canada
Paul Chimko - Prosysco Ltd.
Ryan Shields - Prodigy Martial Arts
Shitiz Agarwal - Schneider Electric Canada Inc.
Subhra Mukherjee - Sai Dham Canada
Tina Capobianco - J D Factors Corporation
Vickram Kaura - Vito’s Wings & Pizza
G.M Applied Technologies Canada Inc.
GTA Mold Removal
Gajjar Dentistry PC
Godspeed Group
Greater Toronto Executive Centre
HS & Partners LLP
Haywood Hunt and Associates Inc.
illumi by Cavalia
Innova Integrated Wellness Centre Indwell
J D Factors Corporation
KMB Law
M I SSISSAUGA BOARDOF D E
BUSINESS AWARDS OF EXCELLENCE
2023 NOMINEES
Nurse Next Door Mississauga
Nurture Growth Biofertilizer Inc.
PLASP Child Care Services
Port Credit West Village Partners LP
Prep Doctors Education
Proax Technologies Ltd.
Prosysco Ltd.
Rebound Health and Wellness
Restore and Replenish
Roshel Inc.
S+C Partners LLP
Safe City Mississauga
to have any item listed designated as reusable/multiuse, the Government has provided a testing scheme which must be conducted using an accredited laboratory under ISO/IEC Standards.
more. Businesses may also sell to individuals in packs of twenty (20) or more but cannot be on display or accessible without the assistance of an employee. Lastly, there is an exception for healthcare providers such as hospitals who will require them for patient care.
The Single Use Plastics Prohibition Regulations (SUPPR) is Canada’s most recent environmental regulation. This regulation is part of the Government’s ongoing effort to reach zero plastic waste by 2030. This regulation has been annexed to Section 93(1) of the Canadian Environmental Protection Act, 1999 which regulates the disposal of substances into the environment. The SUPPR has three major categories of regulated products which will be implemented in a three phase approach on the timeline of bans for the three major market segments of single use plastics.
1. The first group of items targeted are checkout bags, cutlery, foodservice ware, stir sticks and straws.
2. The second group of items targeted are ring carriers.
3. The final group of items are flexible straws packaged with beverage containers.
For greater certainty, these items are defined in s.1 of the SUPPR with technical specifications that include design and chemical composition. Section 1 of SUPPR is also supplemented by additional Technical Guidelines with additional chemical composition, manufacturing and technical terminology. In order
On December 20, 2022, both the manufacturing and importing of any of the prohibited items from the first group for sale in Canada became illegal. On December 20, 2025 it will be illegal to both manufacture or import single use plastics for export. On June 20, 2023, it will become illegal to manufacture plastic ring carriers for the purposes of sale in Canada. On June 20, 2024, it will become illegal to sell these in Canada and on December 20, 2025 it will be illegal to manufacture, sell and export plastic ring carriers.
Lastly, there is no ban on the manufacturing of flexible plastic straws during 2023. However, In June 2024 it will be illegal to sell flexible plastic straws packaged with drinks with a ban on exportation coming in December 20, 2025 just as it has for the other groups of items with some exceptions.
Flexible plastic straws will have some flexibility, in how they are treated. For example, Individuals will be able to sell flexible plastic straws in non-commercial, industrial and institutional settings. Additionally, businesses will be permitted to sell plastic straws to other businesses in packages of twenty (20) or
In order to ensure compliance with each ban phase, the SUPPR requires strict record keeping requirements. These requirements impose different restrictions for persons that manufactures single use plastics for the purpose of exporting or those who import single use plastics for the purpose of exporting them. These requirements include but are not limited to, recording pertinent dates, quantity and trade names of the plastics. Persons will be required to keep these record at their principle place of business in Canada for five (5) years. If these records are move they must notify the Minister of the Environment within thirty (30) days of the new civic address.
This article is provided for general information purposes and should not be considered a legal opinion. Clients are advised to obtain legal advice on their specific situations.
AMY DELISLE Managing Partner KMB Law
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Star Quality Private Investigations® is an Award-Winning Canadian, full-service private investigation agency. Our commitment is to provide evidence through confidential, customized private investigation services that empower individuals, legal teams, and corporations. SQPI® is fully licensed, insured, and bonded. With offices in Mississauga, the GTA and all of Ontario, our ability to produce superior, confidential results while remaining dedicated to your privacy, has elevated us to a nationally recognized and respected brand. Our investigative team is comprised exclusively of male and female former law enforcement detectives, sergeants, and executives, who bring a diverse, unique skill set from their specialized unit, which they apply to each and every operation. Every matter is handled with confidentiality, respect, and integrity, while providing our clients with a crystal-clear channel of communication throughout the entire process. We are the only agency to provide real-time, live updates province wide.
With boots on the ground, this year’s focus has been giving back to families in need, within our community. We’re involved in various municipal, federal, and provincial initiatives surrounding social challenges. With a grassroots approach, SQPI® is leading by example and has donated to six families
ADRIANNE FEKETE Founder Star Quality Private Investigations
whose lives have been negatively impacted due to major life trauma’s. “We have hundreds of people a year who call us for help. Unfortunately, they are not always able to obtain evidence they desperately require due to various life altering reasons. I felt it was our responsibility to ignite change within our community,” shared Adrianne.
Our mission to give back directly to individuals stems from the 911-like calls that pour in daily. By the time they get around to calling us for help, their families, professional life, and their safety is at risk, we are often their last hope. Our focus has been with those who are dealing with loved ones suffering from mental health illnesses, children, and youth vulnerable to abuse, domestic violence, as well as senior wellness and abuse. These individuals, ranging from under 1 month to 102 years old, needed SQPI® to protect and bring evidence to light with local law enforcement, children’s support agencies, hospitals, as well as provincial and federal courts.
“Launching this community initiative, in tandem with the I Am Unbreakable™ Podcast, allows me to serve and inspire others on a larger scale. We believe supporting members of our community will contribute in stabilizing a more united, inclusive future,” said Adrianne.
If you are planning on selling your business, there are several items you will want to consider to maximize your financial gain and preserve your negotiating position. The following is not an exhaustive list, but highlights key items you will want to consider as you prepare for a sale.
One of the first things a buyer will do is request the corporation’s minute book. You will want your lawyer to review and update the records, if required.
You will likely need to arrange for debts to be paid off and security registered against the business to be discharged. You will also want to consider any liabilities facing the business, such as ongoing lawsuits.
The buyer will want to review copies of material agreements such as key customer and supplier agreements, shareholder agreements, and employment agreements.
Engaging experienced advisors is crucial. A corporate lawyer will review and negotiate the letter of intent, sale agreement, and ancillary documentation. Your lawyer will also advise you on matters such as representations and warranties in the agreement, and your obligations to the buyer and business post-closing. It is recommended that you engage an accountant to advise on valuation, tax and purchase price adjustments. For larger transactions, you may want to consider engaging an M&A advisor.
It is common for licenses, leases, and agreements with lenders, customers and suppliers to require their consent to the assignment of the agreement or a change of control of the business. Closing can be held up, or representations breached, if you do not comply with these provisions. 1.800.323.3781
Your tax advisors may recommend a pre-closing reorganization of the business to minimize the tax consequences of the sale. Implementing such reorganizations can result in substantial savings, but typically requires careful planning and drafting a significant number of documents.
Many transactions are structured to keep the seller involved post-closing to facilitate the transition of the business. The agreement may include an “earnout”, providing for additional compensation to the seller if the business achieves certain financial targets.
If you are looking for guidance on the sale of your business, contact a member of the Business Law group at Pallett Valo.
If you want legal representation that’s just the right fit for you, try our Right-sized Thinking®.
Spring is often considered the ideal time to sell a house as it marks the beginning of the peak season for real estate transactions. To help you make the most of the spring selling season, here’s a list of 5 tips to ensure that your home stands out from the crowd.
Start by cleaning up any debris, trimming the hedges, mowing the lawn, and power washing the walkways and driveway. Add some bright flowers to your garden beds and consider repainting the front door if needed.
When it comes to selling your home, less is often more. Remove any clutter, knick-knacks, and personal items that may distract buyers from the features of your home. Keep surfaces clean and organized, and try to create a neutral, minimalist atmosphere that will appeal to a wide range of buyers.
Before listing your home, it’s important to take care of any necessary repairs or maintenance tasks. This could include fixing leaky faucets, replacing worn-out carpets or flooring, and painting over scuffs and marks on the walls. Taking care of these small details will show potential buyers that your home is well-maintained and move-in ready.
Staging your home is an important step in creating an attractive and welcoming environment for potential buyers. Start by rearranging furniture to create a sense of flow and openness, and consider adding some fresh, neutral decor such as throw pillows or artwork to make the space feel more inviting. Consider hiring a professional home stager to help you out.
Here are three key aspects to consider when determining the right price for your home:
1. Your local market: Consider looking at comparable properties for sale in your area. An appraiser can also provide valuable information about the current market conditions.
2. Your home’s features and condition: Factors like the size of the property, the number of bedrooms and bathrooms, and the condition of the kitchen and other key areas can all affect the price you can expect to receive.
3. Your goals: Are you looking to sell quickly, or are you willing to wait for a higher price? Do you need to sell for a certain amount to cover your mortgage? These considerations can help you to determine the right price for your property.
If you plan on selling your property, you don’t want to miss the opportunity of speaking to the PropertyGuys.com team, leading the market with innovation and premium services for over 25 years. Email us at mississauga@propertyguys.com or call 1-(855)-547-2880
About PropertyGuys.com: PropertyGuys.com Inc. is a private sale franchise network and marketplace. Each PropertyGuys.com franchise is independently owned and operated (collectively “Us” or “We”). We represent neither the buyer nor the seller and we are not licensed to trade in real estate. We neither warranty nor make any representations as to the outcome of a property sale and we do not warrant or guarantee the services provided by third parties. © 2022/2023 PropertyGuys.com Inc., All Rights Reserved. Legal Disclaimer: The subject matter developed within this article is only intended to provide general information and is for general informational purposes only. The contents do not constitute advice, are not intended to be a substitute for professional advice, and should not be relied upon as such. You should always seek legal advice or other professional advice in relation to any legal or financial decisions that you intend on making.
Growing businesses need working capital to fund payroll, pay suppliers or cover numerous other operating expenses. If the timing of receivables doesn’t align with payables, you may find yourself unable to meet financial obligations or seize short-term opportunities.
WITHOUT LOCKING YOU INTO COMPLICATED, LONG-TERM CONTRACTS, LIQUID CAPITAL PROVIDES A RANGE OF FAST, RELIABLE CASH FLOW SOLUTIONS TO MEET YOUR NEEDS:
To learn how Liquid Capital Advance Corp. can help your growing enterprise, contact 416-691-9600 x112 or visit www.liquidcapitaladvancecorp.com today.
Liquid Capital Advance Corp. has been there time and again when Global Aviation hit working capital turbulence, allowing them to swiftly evolve into a top competitor in the airline staffing industry.
You’ve likely experienced Global Aviation’s exceptional service from one of their customer service agents at one of the many North American airports they’ve serviced for PAX*, cabin cleaning, aircraft detailing, ramp handling and mobility assistance. As their reputation and operations grew, they were able to withstand the cash flow crunch in the first few years, but eventually realized they needed additional financing in order to achieve their growth objectives.
“In this business, 90 percent of our costs are people-related. We have to make payroll every two weeks, but airlines only pay every 30 days,” says Carm B., former President and CEO.
“It doesn’t take long to run into cash flow issues. The banks want three to five solid years of history, whereas factoring will base their funding solutions off of your current book of business.“
While Global Aviation was open to alternative financing arrangements, it was initially wary of using a factoring company. Its sister company had dealt with another Canadian factoring company in the past, with disappointing results - there were a lot of issues with its previous experience. However, after a business associate recommended Jonathan Brindley and Liquid Capital Advance Corp. to Carm, he knew there was another way to gain access to the working capital he needed to reach new heights of success.
Later on, the company was able to graduate to a traditional bank line. However, soon revenues again doubled and the bank line was unable to handle the new heights of growth.
So, Global Aviation returned to Liquid Capital Advance Corp., obtaining funding against the company’s monthly invoices and its equipment. “Liquid Capital gave me the ability to grow the business twice as fast,” says Carm.
Then, about six months into its new solution, business came to a standstill with COVID-19. “There’s a lot of financial crash and burns going on right now, but this allowed us to come in for a soft landing. Liquid Capital was instrumental in listening to us and coming up with a game plan,” ultimately helping them become bankable again. “I’m sad to leave Jonathan and Liquid Capital, but we’ve survived the worst of the pandemic and are ready to stand on our own again.”
*passenger, baggage and load control
“I’d definitely recommend the team at Liquid Capital –they’re very responsive, transparent and client focused.”
Carm B., former President & CEO, Global AviationTo learn how Liquid Capital Advance Corp. can help your growing enterprise, contact 416-691-9600 x112 or visit www.liquidcapitaladvancecorp.com today.
Treena Reilkoff specializes in providing customized services and workshops that transform workplace conflict into a return on investment by identifying your organizational conflict resiliency.
Whether you are dealing with a specific issue or simply want to improve the psychological health and safety of your workplace culture, we will work with you every step of the way that meets your unique organizational needs and goals.
Treena Reilkoff
Conflict Management & Resiliency Specialist
416-854-1932
treenareilkoff@tlr-mediation-wfa.com
www.tlrsolutions4conflict.ca
TLR SOLUTIONS4CONFLICT INC. recognizes there are tangible and intangible costs associated with unresolved conflict in our workplaces.
REILKOFF
TLR Solutions4Conflict Inc.
1. Keep current with investment opportunities – and this year think longer term when it comes to locking in your business-related funds.
Take advantage of strong GIC rates to help grow your business’ cash. If you can, maximize your returns by investing some of those funds for a longer term because these rates won’t last forever.
2. Map out your renewal or refinancing deadlines.
Loan or mortgage coming due this year? Save some stress by refreshing yourself on your lending agreements.
3. Brush up on your understanding of how to use your business funds.
Lines of credit that are margined by inventory and/ or receivables are not intended to be used for capital expenditures – they’re for day-to-day operations. Term debt – or accumulated cash on hand – is what you should be using for your capital expenditures.
4. Improve your recruitment and retention efforts with an employee group savings program.
Helping employees reduce their money worries isn’t just a great way to show you’re a caring employer – it can also go a long way in attracting team members to your company and encouraging them to stay.
5. Get into planning mode.
While resolutions may be all the rage, the first part of the new year is also an opportune time to revisit, refresh, or write your business and financial plans for the year.
6. Don’t sit on your problems.
Be proactive and get in the practice of talking to your external partners the moment a problem is identified – whether that’s your banker, insurance company, accountant, or lawyer. You’ll likely find them in a better position to help.
7. Review your business credit score.
Check your business credit score at least every quarter. This will help to identify any surprises or challenges with making current loan payments. It will also provide a sense of the business’ financial health and the chances of getting another loan approved.
8. Reduce your risk of cyber fraud.
Set a calendar reminder to frequently change your passwords. When someone emails or texts you a website link and you’re unsure if it’s valid, call the source directly to verify it’s safe.
9. Invest in cyber security awareness training for your team.
Coach your staff on how to spot and avoid cyber security threats and what it means to practice good security habits.
10. Leverage your social media accounts to better understand your customer.
Use social media to research and engage with your customer base, gather important feedback on your services or products, and keep a pulse on customer needs.
Get more insights: cwbank.com/blog
A round up of best practices entrepreneurs will want to start – or continue – this year.
A+ Resume Coach
Achieve Sustainability Inc.
Alair Homes Lorne Park
Alnitak Global Singapore Pte.Ltd.
Always Connected Treatment Network (ACTN)
Alzheimer Society Peel
ATCC Corp.
AYRealtor Inc.
Better Events Management Group Inc.
Blue Giant Equipment Corporation
BUSINESSFURNITUREDIRECT.CA
Canada Multi Commodities Inc.
Canadian Orient Trade Inc.
Chef’s Table
Cineplex Cinemas Mississauga
Consolidated Group of Brar’s - CGoB
DedON
Deligence Technologies Inc.
Iliana Arana Gonzalez, Mortgage Agent
Licence # M21003790
Katz Consulting Ltd.
Kidspired Media
LIVE WELL Exercise Clinic Mississauga
LiveEx Shield Corp.
Marj Production Inc.
My Legal Basement LTD
Peel CAS - Mississauga, ON
Phillips Mortgage
Premier Safety
Proax Technologies
RBC Dominion Securities, Wealth Advisor
Reg-Don Limited
TD Wealth Private Investment Advisor
The Rec Room | Cineplex Entertainment
Think Big Solutions
Transworld Business Advisors
University of Guelph - Co-operative Education
