For immediate release                                                                                                                 December 17, 2021

MBOT Calls for Immediate Return of Business Supports
as Public Health and Business Restrictions are Reintroduced

(Mississauga – December 17, 2021) – The Mississauga Board of Trade (MBOT) is concerned about the impacts that today’s announcement by the Province of Ontario about new indoor capacity restrictions will have on many businesses, at a time when they are least able to absorb additional losses.

“We fully appreciate that the Government of Ontario must react quickly to dramatically rising COVID-19 case counts and the threat that the Omicron variant poses to both individuals and the healthcare system.  However, we must also acknowledge that the ability of many businesses to survive yet another period of restrictions will rely significantly on the return of non-repayable financial supports from Ottawa and Queen’s Park,” said Trevor McPherson, President and CEO of MBOT.  “Governments must rapidly bring back full and proper financial assistance programs to support these businesses that have already been hanging on by a thread.”

The MBOT stands firm with the Ontario Chamber of Commerce (OCC) and fully supports the OCC’s reaction to the announcement made today by the Ford Government.  The statement may be accessed through the following link: Chamber Calls for Strategic Plan and Enhanced Supports | OCC

-30-

About the Mississauga Board of Trade

Since being established in 1961, MBOT has played an important leadership role serving and representing the interests of business of all sizes and sectors in our community.

Mississauga is Canada’s sixth largest city and third largest in Ontario – with a population of over 700,000 residents and more than 50,000 businesses employing over 440,000 people, including 60 Fortune 500 Canadian headquarters. Mississauga is where successful companies choose to do business.  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.

For more information, please contact: