Cooksville Business Improvement Association
February 9, 2021 For Immediate Release
Mississauga Board of Trade and Mississauga’s Business Improvement Areas
Call for Property Tax Freeze in 2021
Mississauga, Ontario — Today the Mississauga Board of Trade (MBOT) and the five Business Improvement Areas (BIAs) in the City of Mississauga called upon the Mayor and Mississauga Councillors to support a property tax freeze at both the City of Mississauga and Region of Peel in 2021 to show support for local business.
“2020 was an unprecedented year for business in the entire country and certainly Mississauga businesses felt the economic impact of COVID19. While most business paid their property taxes it was not without considerable struggle,” said David Wojcik, President & CEO, Mississauga Board of Trade.
MBOT along with the Clarkson, Cooksville, Malton, Port Credit and Streetsville BIAs are calling on members of Mississauga City Council to vote for a property tax freeze in 2021 as they continue deliberations on budgets at both the City of Mississauga and Region of Peel. Both budgets are expected to be passed in the coming weeks and property tax rates set for 2021.
Businesses in the BIA districts have been particularly hard hit during the COVID19 pandemic as many have suffered months of lockdowns and considerable restrictions on their ability to operate. A Property Tax freeze would send an important signal that Mississauga wants its local businesses to survive.
“Our small businesses have suffered tremendously during this past year and an increase in taxes would be an additional burden. It is imperative that all 3 levels of government assist our small business community for them to survive,” said Jake Pedler, Chair of Port Credit BIA.
“Strong Communities rely in large part on strong local businesses. Support from all levels of government during a pandemic is essential to the well-being of these small businesses.” said Todd Ladner, Chair of the Streetsville BIA.
“With the uncertain recovery it’s important for small business owners to know that every level of government is doing their best to help them through this crisis,” added Sam Kohli, Chair of the Malton BIA.
“Our small businesses are such an integral part of our communities, and now, despite their best efforts, many of them are struggling. We all need to do what we can to support them through this difficult time,” said Jamie Bay, Chair of the Clarkson Village BIA.
“Small businesses are the backbone of the community and this tax freeze will give them a small break and offer a necessary life-line for success. Every little bit helps,” added Steven Smith, Chair of the Cooksville BIA.
“Many other municipalities are freezing property taxes in 2021 and the City of Mississauga and Region of Peel should do likewise for their business community,” concluded Mr. Wojcik.
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President & CEO, MBOT
Clarkson Village BIA
905-499-2969 ext. 501
Port Credit BIA
905-278-7742 ext. 101