CONNECT 2025 ~ Spring Edition

GLOBAL TRADE

LOCAL IMPACT

In This Issue: Navigating an Evolving Business Landscape

The Growth Strategy Canada Cannot Afford to Ignore

Strengthening Canada's Accounting Landscape for Small Businesses

PG 4

PG 7

PG 28

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CONTENTS ARTICLES

VOLUME 20 ISSUE 2 | SPRING 2025

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Navigating an Evolving > Business Landscape

13

Traumatic Mental Stress in the Workplace: Identifying and Managing Potential Risks

15

Why Stormwater Management is Good Business

16

Business Immigration - Canada and U.S. What You Need to Know Right Now

27

Success to Significance - Advisory Money Strategies Inc.

28 RPA: Strengthening Canada’s > Accounting Landscape for Small Businesses

31

J D Factors: Proudly Canadian, Supporting Canadian Businesses

34

Unraveling the Types of Dementia

< The Growth strategy canada Cannot afford to ignore PAGE 7

IN THIS

ISSUE

4

Chair’s Message

20

Events Re-Cap

7

President’s Message

23

Upcoming Events

10

Advocacy in Action

32

New Members

18

Business Awards

FROM OUR CHAIR

Navigating AN EVOLVING BUSINESS LANDSCAPE JONATHAN N. BORRELLI 2025 MBOT Chair Partner, KMB Law

As 2025 continues to unfold, we find ourselves navigating an evolving business landscape. As of writing this, the emerging trade tensions between Canada and the United States, are creating significant challenges for businesses of all sizes. With tariffs, supply chain disruptions, and evolving economic policies, local enterprises are facing intensified pressure requiring them to adapt and demonstrate resilience. Given the current circumstances, the significance of Boards of Trade has never been so essential.

MBOT has always been a champion of business advocacy, collaboration, and economic growth. Our mission is to provide a strong voice for business, ensuring that policymakers understand the needs and concerns of our members. As the trade dispute evolves daily, MBOT remains committed to advocating for practical policies that protect and promote the interests of businesses in Mississauga.

Beyond advocacy, MBOT has always served as a vital connector. We help businesses forge new partnerships, explore alternative markets, and access the resources needed to thrive in uncertain times. Through our events, networking opportunities, and policy initiatives, we continue to foster an environment where businesses can exchange ideas, find solutions, and support one another.

Mississauga has been a hub of innovation and opportunity for years. Our diverse and dynamic business community is well-positioned to adapt and lead in this changing economic climate. Now, more than ever, we encourage business owners and professionals to leverage the strength of MBOT. By working together, we can mitigate the impact of external pressures, identify new opportunities, and ensure that Mississauga remains a thriving center for commerce, innovation, and employment.

I encourage business leaders to engage with MBOT—whether through participation in our advocacy efforts, attending our signature events, or joining discussions that shape the future of trade and commerce. Together, we will continue to champion the business community and navigate the road ahead with confidence and resilience. 

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CONNECT | 2025 ISSUE 2

FROM OUR CHAIR

Implement Diversity, Equity, Inclusion, and Accessibility (DEIA) Practices at NO COST Strengthen your organization’s DEIA efforts through fully funded training and support.

HOW WE SUPPORT ORGANIZATIONS Enhance workplace inclusivity with tailored DEIA workshops for all genders Address workplace inequities through assessment frameworks Strengthen workplaces with DEIA strategies and research-based resources

MAKE AN IMPACT Contact us at: PTW@achev.ca Provided by: CONNECT | 2025 ISSUE 2

Funded by: 5

FROM OUR CHAIR

2025

BOARD OF DIRECTORS

THE VOICE OF BUSINESS IN MISSISSAUGA 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.

EXECUTIVE COMMITTEE: • •

Jonathan N. Borrelli, KMB Law | Chair Sameer Sharma, Crown Group of Hotels | Immediate Past Chair Robyn Saccon, BD Canada | Vice Chair Crystal Reedie, RBC | Treasurer Amanda Pautler, University of Toronto Mississauga Joanne Islip, Sheridan College John McKenna, McKenna Logistics Centres Trevor McPherson, MBOT President & CEO (Ex-officio)

• • • • • •

PUBLISHER: Trevor McPherson President & CEO ceo@mbot.com

DIRECTORS: • • • • • • • • • •

Adriano Mazzorato, Kaneff Properties Ltd. Anthony Petrucci, Palma Pasta Corporation Chris Rickett, Greater Toronto Airports Authority Dave Buchanan, HCL Tech Canada Gena Restivo, AstraZeneca Canada Malaika Mendonsa, Doane Grant Thornton LLP Paul Hainer, Insuranceland Inc. Ritu Kohli-Sethi, Greater Toronto Executive Centre Ross Thomas, TD Bank (Commercial Banking Division) Ryan O’Neil Knight, Detailing Knights

EDITOR: Katelin Mowder Digital Content Creator kmowder@mbot.com DESIGN & LAYOUT: Katika Integrated Communications Inc. www.katika.com PRINTING: Katika Integrated Communications Inc. www.katika.com DISTRIBUTION: Katika Integrated Communications Inc. www.katika.com

ADVERTISING INQUIRIES:

Solange Barcena - sbarcena@mbot.com

EDITORIAL INQUIRIES:

Katelin Mowder - kmowder@mbot.com

PHOTO CREDIT: Anthony Ferreria and Katelin Mowder, MBOT John Goldstein and Jennifer Wood, Gold Media

ADVERTISERS INDEX Achēv

5

J D Factors

30

Advisory Money Strategies Inc.

26

Katika Integrated Communications

2

Amica Credit Mills

36

Pallett Valo LLP

12

Babel Immigration Law

17

Registered Professional Accountant

29

Credit Valley Conservation

14

Sheridan

35

Economic Runway

25

The Compass Food Bank

33

HFG Hynek Financial Group

12

University of Toronto

8

Insuranceland Inc.

9

6

701-77 City Centre Drive Mississauga, ON L5B 1M5 T: (905) 273 6151 E: info@mbot.com W: www.mbot.com

mbotontario © 2025. All rights reserved. No part of this publication may be reproduced or copied in part or as a whole, without the prior written permission of the Mississauga Board of Trade (MBOT). Advertising content and the comments, views and opinions expressed CONNECT | 2025 ISSUE 2 herein are those of contributors and do not necessarily constitute endorsement by MBOT. Publication Agreement Number 40012444.

FROM OUR PRESIDENT

The Growth Strategy CANADA CANNOT AFFORD TO IGNORE

TREVOR McPHERSON President & CEO Mississauga Board of Trade

Recent challenges in the CanadaU.S. trade relationship have exposed vulnerabilities in our economy. While these events have sparked a surge in patriotism and a push for “Made in Canada” solutions, ensuring long-term economic resilience and sustainable growth requires more than just consumer-driven behaviour shifts.

Businesses and policymakers must take fundamental actions to protect Canada’s economic future and maintain our quality of life.

Diversify. Diversify. Diversify.

Canada’s economic dependence on the United States is well-documented, with approximately 75% of Canadian exports destined for the U.S. in 2024. While this integrated relationship has served both nations well, over-reliance leaves Canada vulnerable to external shocks, policy shifts, and trade disputes.

To mitigate risk and unlock new opportunities, Canada must aggressively expand into international markets, particularly where existing trade agreements provide a competitive advantage. Canada’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership

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(CPTPP) and Canada-European Union Comprehensive Economic and Trade Agreement (CETA) presents untapped opportunities for Canadian businesses. The federal government and private sector should prioritize trade diversification strategies, leveraging these agreements to reduce dependency on any single market.

Eliminating Interprovincial Trade Barriers It is easier for many Canadian businesses to trade internationally than to do business across provincial borders.

The Canadian Free Trade Agreement (CFTA) was established to reduce such barriers, but challenges persist. A 2019 working paper from the International Monetary Fund found that internal trade barriers continued to impact Canadian

GDP despite the updated agreement, suggesting that removing these barriers could increase Canada’s GDP per capita by as much as 3.8%.

Accelerating Technology Adoption Canada continues to lag behind other developed nations in productivity growth, largely due to slower adoption of transformative technologies such as artificial intelligence (AI), automation, and digital infrastructure. According to the Organization for Economic Cooperation and Development (OECD), Canada’s productivity levels remain lower than those in the United States.

The private sector must take a more aggressive approach to implementing productivity-enhancing technologies. At

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FROM OUR PRESIDENT

the same time, government incentives— such as tax credits for AI and automation investments—can accelerate adoption.

Policies that encourage R&D spending and digitization will be key to improving productivity and maintaining Canada’s global competitiveness.

will rise by 60% by 2050, necessitating significant long-term planning and investment. Additionally, Canada must ensure regulatory frameworks support the development of energy and natural resource projects, which are essential for economic growth.

Advancing Large-Scale Infrastructure Projects

Investing in the Workforce of Tomorrow

Canada’s reputation as a country where major national projects face significant delays and regulatory hurdles must change. The recent commitment to highspeed rail between Toronto and Quebec City is encouraging, but similar urgency must be applied to energy infrastructure projects, which are critical for accessing new international markets and growing the economy.

Economic success in the coming decades will hinge on a globally competitive, highly skilled workforce.

Despite ongoing trade and economic challenges, Canada must prioritize talent development to stay ahead in an era of rapid technological change.

Ontario’s Independent Electricity System Operator (IESO) projects that electricity demand in the province

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Strong business-academia partnerships can help bridge the gap between industry needs and educational programs.

Canada should expand work-integrated learning initiatives, apprenticeship programs, and upskilling incentives

to prepare workers for high-growth sectors such as technology, clean energy, and advanced manufacturing.

So….are you “in”?

Is your company fully leveraging technology to remain competitive? Are you exploring international market opportunities beyond traditional trade partners? Are you actively engaging with your local board of trade to advocate for business-friendly policies?

At the Mississauga Board of Trade, we invite you to be part of a network that helps businesses thrive in a growthoriented economic environment.

Whether you are looking to invest in productivity-enhancing technologies, break into new international markets, or navigate policy changes, MBOT is here to connect, champion, and advocate for your success in Mississauga, Ontario, and across Canada. 

CONNECT | 2025 ISSUE 2

FROM OUR PRESIDENT

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CONNECT | 2025 ISSUE 2

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ADVOCACY IN ACTION

ADVOCACY

IN ACTION

FIGHTING TO PRESERVE CANADA-US TRADE How successful is the Canada-US trading relationship?

Very successful; in fact: • $1.3 trillion in annual two-way trade occurs between Canada and the U.S. • 1.4 million American jobs are supported by exports to Canada • Canada is the top export destination for 34 US states • there are $3.6 billion in import and export flows every day between Canada and the US • most Canadian exports are inputs used by American businesses in their own production • In 2022, US exports to Canada exceeded the combined American exports to Denmark, France, Germany, Italy, Spain and the UK To learn more about the extensive trading relationship between Canada and the U.S., please visit the Canadian Chamber of Commerce’s Canada-US Trade Tracker: Canada-U.S. Trade Tracker - Business Data Lab (and share the Tracker in your networks and on social media).

What do tariffs mean for Mississauga?

Many local businesses have extensive connections to US businesses, making increased tariffs or restrictions on trade damaging to the local economy. The impact to Mississauga businesses will likely be worse than in other GTA municipalities. The connections to the US and elsewhere are one of the reasons why the City of Mississauga enjoys a sizable economic footprint, including being:

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• • •

the second largest local economy in Ontario 5% of Ontario’s population and 7% of the province’s economic output home to many headquarters of companies with a global reach

How do we preserve the Mississauga economy? What can we do?

The Mississauga Board of Trade (MBOT) has helped facilitate efforts by Mississauga’s businesses to engage with Americans who work in economic development and lead local chambers of commerce. Nearly every day, we discuss how tremendously successful the trading relationship is between Canada and the US. We are also highlighting how we can leverage that excellent relationship to preserve and grow the trade that already exists.

If you do business in the US through any means (i.e. clients, customers, vendors, suppliers, etc.), please contact Brett McDermott, Director of Government and Stakeholder Relations at bmcdermott@mbot.com. This will help make the case for Mississauga throughout the U.S. What is the level of integration?

Recently, Canada’s Ambassador to the United Nations, Bob Rae, said on Fox News, “there is no such thing as an American car or a Canadian car.” He is right. The level of integration has created one of the most efficient supply chains between two countries in the world. Moreover, the majority of trade in goods between Canada and the US is for inputs – that is, parts that go into a final product. This speaks to the significant level of integration, efficiency and effectiveness in the Canada-US trade relationship.

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ADVOCACY IN ACTION

MACKLEM ON TRADE CONFLICT: “SEVERE CONSEQUENCES” “The economic consequences of a protracted trade conflict would be severe.” In his February, address to MBOT and the Oakville Chamber of Commerce, Bank of Canada Governor Tiff Macklem was clear. He argued that prolonged tariffs would result in no economic bounce-back.

By contrast, the recession during the COVID-19 pandemic was V-shaped: a rapid fall and a rapid return to prepandemic economic activity. The Bank forecasts that with higher tariffs, the growth path for the remainder of the 2020s will be 2.5% lower than would otherwise be the case.

If the tariffs are in place throughout 2025, exports will decline 8.5%, which will result in reduced production and worker layoffs. Moreover, as growth is reduced, prices would increase even if demand declines.

While Governor Macklem painted a bleak picture, there is opportunity for maintaining the trading relationship.

One avenue is through dialogue with American leaders in business. The Canadian Chamber of Commerce has done this by finding common ground with the US Chamber of Commerce; similarly, the Ontario Chamber

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of Commerce has found many points of agreement with the eight Great Lakes state chambers. And, locally, MBOT has found substantial agreement with local chambers and representatives in economic development. Through continued dialogue with Americans, Canadian business can limit the impact of tariffs and avoid Governor Macklem’s “severe consequences.”

MISSISSAUGA BUSINESSES FACE SIZEABLE TAX INCREASES This year Mississauga businesses face a sizable property tax increase – in excess of the rate of inflation. MBOT is supportive of measured tax increases roughly in line with the consumer price index (CPI); however, we argued in submissions to Regional Council and City Council that the increases that were being considered (and were ultimately approved) were unaffordable to the average business.

The majority of the tax increase rests with the Region of Peel; in that light, we call on all elected officials in Peel to take into consideration the sizeable 2025 increase when their budgetary deliberations begin in the fall for budget 2026. 

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MEMBER TALKS

Traumatic mental stress in the workplace: IDENTIFYING AND MANAGING POTENTIAL RISKS Most Ontario employers are required to have mandatory coverage under the Workplace Safety and Insurance Act (WSIA). A premium payment to the Workplace Safety and Insurance Board (WSIB), provides access to WSIB benefits for workers who are injured in the course of their employment and not able to work as a result.

A recent emerging area of WSIB entitlement relates to traumatic mental stress (TMS) experienced by Ontario workers. TMS is conceptually distinct from chronic mental stress claims, which are covered under a separate WSIB policy.

Who can claim TMS benefits?

The WSIB recently released its new Operational Policy 1503-02 regarding the initial entitlement adjudication of TMS claims.

In terms of this policy, a worker is not entitled to WSIB benefits for TMS caused by decisions or actions of the worker’s employer relating to their employment. Although such actions may have consequences under the Employment Standards Act or the Human Rights Code, they do not support TMS claims before the WSIB.

JEFFREY PERCIVAL

Partner Pallett Valo LLP (905) 247-5002 jpercival@pallettvalo.com

The policy provides that a worker will generally be entitled to TMS benefits if an appropriately diagnosed mental stress injury is caused by one or more sudden and unexpected traumatic events during the worker’s employment. The worker must have suffered or witnessed the traumatic event(s) first-hand or heard about it through direct contact with the traumatized individual(s). The policy makes allowance for the cumulative effect of multiple traumatic events. Each must have had some effect or life disruption on the worker, even if the prior event(s) did not functionally impair the worker.

Diagnosing mental stress Before any TMS claim can be adjudicated, there must be a specific diagnosis using the Diagnostic and Statistical Manual of Mental Disorders, which may include acute stress disorder, post-traumatic stress disorder, adjustment disorder, or an anxiety or depressive disorder.

The WSIB decision-maker must be satisfied that the trauma arose during the worker’s employment and caused, or significantly contributed to, an appropriately diagnosed mental stress injury.

Employers, take note If your business is covered by the WSIB and you have a worker who alleges that they have experienced TMS in the workplace or any other workplace-related injury, it is important to get timely legal advice to understand your reporting and claimsrelated obligations to the WSIB. Failure to do so may have significant and costly consequences, both in relation to the WSIB and to your obligations to protect the health and well-being of your employees. Pallett Valo LLP has extensive experience in acting for employers on WSIB and Workplace Safety and Insurance Appeals Tribunal-related matters. 

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MEMBER TALKS

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MEMBER TALKS

WHY STORMWATER MANAGEMENT IS

Good Business in July and August 2024, it controlled and stored all the rainwater that fell on its surface, helping to mitigate local flooding. Blue roofs can also be combined with green roofs and solar panels for added benefits.

Quick Wins Catch basin inserts are inexpensive and easy to clean. They keep pollutants like cigarette butts and garbage out of our water and prevent backup from debris. They can also be important monitoring tools when collections are reported to The International Trash Trap Network.

Don’t Let Stormwater Cost You More Corporate properties in Mississauga are subject to a stormwater charge for rain or melted snow that flows off hard surfaces, like roofs and parking lots, and into the city’s roads, ditches, sewers and creeks. The stormwater charge is based on property type and the area of hard surface, including roofs, walkways and parking lots.

Reducing your risk of flooding year-round and saving money on your stormwater charge makes stormwater management good business. Here’s how.

Intensive Stormwater Management Systems Plan your next parking lot retrofit now and include technologies like pervious pavers, underground cisterns and bioswales that capture large volumes of rainwater that get slowly released into the soil or storm sewer.

Need a new roof? Smart blue roofs harvest, treat and reuse rainwater so that it can be used to cool buildings, flush toilets or slowly release rainwater into the storm sewer system. In 2024, Credit Valley Conservation (CVC) completed construction of Canada’s first CSA compliant smart blue roof at our corporate office in Mississauga. The roof is equipped with a programmable logic controller that actively decides how harvested rainwater should be used based on priorities set by the building operator. During the heavy rainstorms

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Harvesting tanks for roof rainwater can be as simple as a barrel or a tank that can hold thousands of litres of water and be combined with pumps and purification systems. In Ontario, harvested water is typically used for irrigation or flushing toilets.

Plants are nature’s rainwater harvesters. Projects like planting five per cent of your property with native trees, shrubs, wildflowers and grasses on unused lawn, mini forests and enhanced swales for increased infiltration capacity can get you an Operations and Activities stormwater credit.

Connect With Us Let us help you invest in nature and reduce your stormwater charge. CVC offers businesses a free, sustainable landscaping assessment and action plan through our Greening Corporate Grounds program. We will help identify opportunities for stormwater management and credit from the City of Mississauga’s Stormwater Credit Program.

Visit cvc.ca/gcg to learn more or contact us at gcg@cvc.ca. 

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MEMBER TALKS

BUSINESS IMMIGRATION – CANADA AND U.S. WHAT YOU NEED TO KNOW RIGHT NOW United States

•

What is the proposed ‘Gold Card’ for Immigrants?

MELISSA BABEL

B.A. (Hons) LL.B, Barrister and Solicitor Babel Immigration Law

President Donald Trump has introduced a proposal for a “Gold Card” visa program, aiming to attract high-networth individuals by offering U.S. residency and a pathway to citizenship in exchange for a $5 million payment to the U.S. government. This initiative is intended to replace the existing EB-5 visa program, which requires a minimum investment of $1 million in a U.S. business and the creation of at least ten jobs.

President Trump asserts that the Gold Card program could significantly reduce the national debt, estimating potential revenue of $36 trillion. The authority to terminate an existing immigration program and create a new one lies with Congress and requires legislative action.

As of March 8, 2025, the administration has not released detailed guidelines for the Gold Card program and the EB-5 program is still live.

Recent Updates on the H-1B Visa Program for 2025 Modernization and Regulatory Changes On January 17, 2025, the Department of Homeland Security (DHS) implemented a final rule aimed at modernizing the H-1B visa program.

This rule introduces several key updates:

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•

•

Specialty Occupation Definition: The criteria for what constitutes a “specialty occupation” have been refined to ensure that H-1B positions require highly specialized knowledge and at least a bachelor’s degree in a directly related field.

Protections for F-1 Students: The rule provides certain flexibilities for F-1 students transitioning to H-1B status, aiming to facilitate a smoother transition for international students seeking employment in the U.S. Program Integrity Measures: Enhanced enforcement mechanisms have been established to protect the integrity of the H-1B program, including measures to prevent fraud and abuse.

Fiscal Year 2026 H-1B Cap Registration The U.S. Citizenship and Immigration Services (USCIS) has announced that the initial registration period for the fiscal year 2026 H-1B cap will open at noon EST on March 7, 2025, and run through noon EST on March 24, 2025. Prospective petitioners and representatives must use a USCIS online account to register each beneficiary electronically and pay the associated registration fee.

Beneficiary-Centric Selection Process USCIS continues to utilize a beneficiarycentric selection process to prevent system manipulation. This approach ensures that each beneficiary has an equal chance of selection, regardless of the number of registrations submitted on their behalf.

CONNECT | 2025 ISSUE 2

MEMBER TALKS

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U.S. IMMIGRATION

INDIVIDUAL IMMIGRATION

GET

CLARITY IN IMMIGRATION WITH MELISSA BABEL Babel Immigration Law is a boutique corporate immigration law firm serving small and medium sized business in Canada and the U.S. We provide smart, strategic advice for our clients who want to live, work, study and do business on both sides of the border.

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Employer Obligations and Compliance Employers are reminded to adhere strictly to the updated regulations to maintain compliance and uphold the integrity of the H-1B program. This includes ensuring that job roles meet the refined definition of specialty occupations and that all application information is accurate and truthful.

These developments reflect ongoing efforts to balance the demand for skilled foreign labor with the protection of U.S. workers and the integrity of immigration programs.

Canada Continued Support for Ukrainians Immigration, Refugees and Citizenship Canada (IRCC) has announced further extension of Work and Study Permit Measures for eligible Ukrainian nationals and their family members who arrived in Canada under the CanadaUkraine Authorization for Emergency Travel (CUAET) on or before March 31, 2024. Eligible individuals can apply

CONNECT | 2025 ISSUE 2

905-847-9525

for a new open work permit, renew an existing work permit, or apply for a new study permit until March 31, 2026. New open work permits issued under this extension are valid for up to three years.

These measures reflect Canada’s ongoing commitment to supporting Ukrainian nationals affected by the ongoing conflict, offering them opportunities for stability and integration within Canadian communities.

Immigration Levels Plan 2025–2027 On October 24, 2024, the Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship, announced the 2025–2027 Immigration Levels Plan.

This plan aims to pause population growth in the short term to achieve well-managed, sustainable growth in the long term. For the first time, the levels plan includes controlled targets for temporary residents, specifically international students and foreign workers, as well as for permanent residents. The government plans to

babelimmigrationlaw.com

reduce the number of new permanent residents from 485,000 in 2024 to 395,000 in 2025, 380,000 in 2026, and 365,000 in 2027. Temporary resident numbers will also decline by 30,000, reaching around 300,000 in 2025. This policy shift is partially driven by rising housing prices and a growing belief among Canadians that the country has too many immigrants.

Support for Undocumented Migrants in Construction Building on the success of initiatives such as the out-of-status construction workers in the Greater Toronto Area pilot, IRCC intends to create a pathway offering opportunities for undocumented migrants in the construction sector.

These individuals, already living and working in Canada, contribute significantly to the sector. This pathway aims to regularize their status, allowing them to continue building the homes that the economy and communities need, while ensuring they receive proper protections. 

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MEMBER TALKS

PRESENTED BY: 18

#MBOTAWARDS MAY 2025

CONNECT | 2025 ISSUE 2

MEMBER TALKS

PLANNING COMMITTEE CHAIR: JUDGING COMMITTEE CHAIR: Adriano Mazzorato - Kaneff Group Andrew Kwiatkowski - Katika Cathy Paolucci - PLASP Child Care Services Christian Hernandez - J D Factors Colin Tyler - Century Audio Visual Ltd. David Di Paul - growth.ca Demetrius Nath - Mississauga Music Dina Savaglio - J D Factors Diondra Filicetti - Driven by…Co Dr. Lisa Ramsackal - INNOVA Integrated Wellness Centre Grace Pastore - Nurse Next Door Mississauga Guy Furoy - AMJ Campbell Toronto James Kennedy - Hynek Financial Group Jeff Barbosa - Erin Mills Town Centre Jonathan Borrelli - KMB Law Kalin McDonald - S+C Partners LLP Kelly Cabral - RBC

Tyril Froese, MNP Alice Bolton, MNP

PRESENTED BY:

Kevin Varma - MNP Kristine Kane - Southside Shuffle Blues & Jazz Festival Linda Martin - Team Development Advisor Nicole Barker - City of Mississauga Nonna Solokhine - Meridian Credit Union Parveen Dhupar - BTI Brand Innovations Inc. Paul Hainer - Insuranceland Inc. Peter Hawkins - MELLOHAWK Logistics Inc. Ritu Kohli-Sethi - Greater Toronto Executive Centre Sara Wilbur-Collins - The Riverwood Conservancy Shari Lynn Ladanchuk - Big Brothers Big Sisters of Peel Siham Haddad - J D Factors Sonia Ojha - Amica Senior Lifestyles Steve Rhone - Weston Forest Tamara Seales - Seaford Pharmaceuticals Inc. Tina Capobianco - J D Factors

Business Person of the Year Nominees Mohinder Pal Singh - AKAL Mortgages Inc. A J Rana - SOLSNET Naila Qazi - Centre for Change and Leadership Alain Leblanc - Hilton Mississauga Meadowvale Puja Misra - Zoom Into Life Studio Inc. Ali Kizilbash - Twi Foods Inc. Ameera Ameerullah - Canada Mortgage and Financial Group Rick Matharu - Rick's Good Eats Inc. Roberto Rota - HKC Construction Dave Chopra - HCLTech Rohit Dewan - Air Riderz Dianna Fioravanti-Ashikwe - Kuehne + Nagel Ltd. Sahil Sachdeva - Level Up PR Haider Sarmad - 247Labs Sam Altamimi - ALTA E-Solutions Hazem - Dr Scent Canada Susie Beghin - Alpha's Discovery Kids Preschool & Daycare Imran Hasan - TSOC Yousuf Sandeela - Fully Promoted Canada Jasveet Singh - Sober Immigration John Menezes - Stratejm

All Other Categories 100 Women Who Care Mississauga ACCES Employment Ace Talent Air Riderz Alpha's Discovery Kids ALTA E- Solutions Always Connected Treatment Network Amazing Graze AMJ International Arctic Wolf Networks Armagh Arts on the Credit (Mississauga) Balatidis Legal Services BD-Canada (Becton, Dickinson, & Company) BGC Peel Binarium Corp BRKFREE Building Bridges Psychotherapy Cabin Barber & Gentlemen Supply Canada Mortgage and Financial Group Carolyn's model and talent agency Cedar International Inc. CIMA+ Citizens For the Advancement CONNECT | 2025 ISSUE 2 of Community Development

Creators at Play Crescent Hill Gallery Crystal Grand Banquet Hall DoGood Funding Solutions ECC Hive Ecosource Mississauga Electronic Recycling Association ElevatIQ Inc. Erin Mills Town Centre Family Services of Peel Francis Immigration Services Inc. Gay Lea Foods Greater Toronto Executive Centre Hilton Toronto Airport Hotel and Suites Homecare Hub IG Wealth Management Imperial Auto Glass Indus Community Services IPEX J D Factors JTI Macdonald Corp.

Kevorkian Architecture Kuehne+Nagel Ltd. Mississauga Arts Council

Mississauga Music Nikon Canada Inc. OGEE Solutions Inc. Old Credit Brewing Co. Options Mississauga Print & Office Services Pacific Paving Ltd. Pivotal Integrated HR Solutions PointClickCare Razor Creative Solutions Inc. Residence Inn by Marriott Toronto Mississauga Southwest Rick's Good Eats Inc. Shop3D.ca Sky Zone Mississauga Sober Immigration SSP Canada Stratejm, A Bell Canada Company Third Octet, Inc. Toureto Travel TraxAhead Recording Studio Triple A Cheese Ltd. TSOC Visual Arts Mississauga 19 Zpayd

EVENTS RE-CAP

EVENTS

Re-Cap CHRISTINA KAKAFLIKAS DIRECTOR OF ECONOMIC DEVELOPMENT, CITY OF MISSISSAUGA

MBOT EVENT HOLIDAY AFTER HOURS & NETWORKING EVENT DECEMBER 4, 2024 VENUE SPONSOR

MBOT EVENT 2024 MBOT ANNUAL GENERAL MEETING

EVENT SPONSORS

DECEMBER 11, 2024 SPONSOR

Good Morning Mississauga (GMM) JANUARY 15, 2025

VENUE SPONSOR

MBOT EVENT IN CONVERSATION WITH HON. PETER BETHLENFALVY, MINISTER OF FINANCE DECEMBER 16, 2024 PRESENTING SPONSORS

SILVER SPONSORS

CORPORATE SPONSOR SERIES SPONSORS

Series Sponsors: 20

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CONNECT | 2025 ISSUE 2

EVENTS RE-CAP

MBOT Webinar MAXIMIZING FINANCIAL PERFORMANCE: CRAFTING AN ACTIONABLE PLAN FOR PROFIT GROWTH AND BETTER CASH FLOWS

Good Morning Mississauga (GMM) FEBRUARY 12, 2025

VENUE SPONSOR

JANUARY 29, 2025 SPONSOR

SERIES SPONSORS

ATIF ANSARI, CPA FOUNDER, AnsidCFO

Series Sponsors:

UPCOMING Events MONTHLY

BUSINESS NETWORKING MBOT is delighted to invite you to our monthly Good Morning Mississauga Business Networking Session. This event promises to be one of valuable connections, insightful conversations, and new opportunities.

Features: Breakfast Networking Opportunity to book 2-minute Business Profile Presentation, connect with our events team to book a slot!

CONNECT | 2025 ISSUE 2

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MEMBER TALKS

Advertise with Mississauga Board of Trade

Quarterly Magazine The CONNECT Business Magazine provides practical information on industry solutions and trends, plus business news. It is digitally distributed to MBOT’s membership, over 4,500 e-newsletter subscribers, and to over 4,000 businesses and individuals throughout Peel Region via The Globe & Mail.

Reserve your spot in the summer issue today!

Website Advertising Boost your brand’s visibility on MBOT’s website, through strategically placed advertising spots to maximize exposure. With strategic placement and captivating visuals, your advertisements can effectively communicate your message and establish a stronger online presence.

Learn more about advertising opportunities on MBOT's website.

e-Newsletter Advertising Looking to advertise a timely promotion or upcoming event?

Celebrating the launch of a new product or service?

Be a featured business in MBOT’s weekly e-newsletter! Reach MBOT’s entire email database, with over 4,000 contacts in the region’s business community.

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CONNECT | 2025 ISSUE 2

Canada’s Economic Runway

MEMBER TALKS

Powering jobs, trade & innovation Toronto Pearson is more than just an airport—it’s the heartbeat of Canada’s economy. As the anchor of the Pearson Economic Zone, it connects local businesses to global markets, fueling 500,000+ jobs, driving $70.6 billion annually in Ontario, and helping Canada compete in an increasingly competitive and uncertain world economy.

North America's largest manufacturing hub - 92,500+ jobs in 2,100+ firms

Home to 500,000+ workers - or 1 in 7 GTA jobs

170,000+ professionals in knowledge-based and creative industries

Location of choice for 18,000+ businesses - or 1 in 10 Ontario businesses

Ontario's construction epicenter - 45,000+ employees in 1,700+ firms

54.5% of Ontario's transportation and warehousing sector GDP

The Pearson Economic Zone is critical to the Canadian economy and its global competitiveness.

Toronto Pearson - it's not just an airport - it’s a powerhouse for jobs, trade, and growth.

CONNECT | 2025 ISSUE 2

Visit Economicrunway.ca or scan the QR code to learn more

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MEMBER TALKS

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CONNECT | 2025 ISSUE 2

MEMBER TALKS

SUCCESS TO SIGNIFICANCE

– ADVISORY MONEY STRATEGIES INC. Most people are naturally inclined to give, often prompted at checkout counters while shopping to donate $2… the answer is always a resounding YES! It’s an easy, feel-good decision. STOP!

• •

Instead of making spontaneous donations at grocery stores or through cash elsewhere, why not “PLAN” your generosity to maximize its impact and amplify your giving ?

How We Can Help

Here’s why Planned Giving is a gamechanger: •

Did you know that with planned giving, everyone wins? You, the charity, and even your family can benefit!

•

Canadians donate over $14 billion annually to various charities, with around 85,000 registered charities in the country.

•

We start with an introductory meeting to understand your goals and current financial situation. In most cases, we collaborate with your existing advisors—like your CPA, lawyer, banker, investment, and insurance professionals—to create a tailored strategy that helps you transition from financial success to lasting significance.

•

•

Canadians are incredibly generous, and each person has their own reasons for giving. However, we’ve identified a few key motivations for charitable giving: 1.

To make a positive impact on society and give back.

2.

To build a lasting legacy or remain anonymous.

3.

To set a social example and build social capital.

4.

Because it’s good for business.

5.

For the distinct tax advantages.

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Investment Real Estate or Private Business Owners: People may not realize the extent of ‘pregnant’ capital gains and taxes they will be obligated to pay. We can show strategies by which they can pay those taxes for pennies on the dollar or in some cases on cash flow neutral basis.

Millennials & Gen Z: If you’re passionate about making an impact, we can show you generosity strategies that build and sustain a meaningful legacy.

•

High-Income Earners: For those paying substantial taxes, we can guide you on how to direct those funds to charity or family, potentially recouping taxes.

•

Singles, Widows, or Divorcees: Most people are unaware that they are an incident away from an often ignored tax liability without the benefit of a tax-free rollover.

We can show you how to preserve wealth for your family or charity.

You can donate in a variety of ways, such as: Cash Public & Private Securities Flow-Through Shares Stock Options RRSPs/RRIFs Life Insurance Annuities Charitable Remainder Trusts

Intergenerational Wealth Transfer: Whether you’re planning to pass wealth to family or transition a business, planned giving offers a significant advantage for keeping wealth in the family in a taxefficient manner.

•

Types of Donations

• • • • • • • •

SISI CHAKRABARTI

Managing Partner Advisory Money Strategies Inc. •

Liquidity Events: If you’ve recently sold a business or investment property, we can help convert taxes owed into charitable donations and use life insurance to restore the funds back to your family.

•

Estate Freezes: If you’re transferring assets to the next generation, we can help you donate private company shares to charity, converting taxes into a lasting legacy.

•

International Donations: If you want to give to causes overseas, we can guide you on how to do so strategically and tax-efficiently through registered charitable platforms.

Here’s where we work best:

Did you also know that donating cash is one of the least efficient ways to give?

Why Donate?

Gifts & Bequests in a Will Cultural Property, Personal Use Property, Listed Personal Property, Environmental Property, Real Estate, and more.

For Institutional Clients We offer streamlined investment management solutions for endowments, foundations, non-pension employee/ member reserves, trust funds, and corporate assets.

At Advisory Money Strategies Inc., a boutique estate and financial planning firm, we make charitable giving and institutional investments simple. We partner with top-tier firms who are leaders in their space to ensure our clients receive the best advice. We also collaborate with local and national Foundations, Chambers of Commerce, and Boards of Trade. Our advisors are certified Master Financial Advisors in Philanthropy (MFA-P), offering expert strategies and advice.

Remember, “Money Talks, but Wealth Whispers.” To learn more or schedule a gratis private consult, reach out to us at admin@amstrategies.ca or visit www. amstrategies.ca.  27

MEMBER TALKS

RPA:

STRENGTHENING CANADA’S ACCOUNTING LANDSCAPE FOR SMALL BUSINESSES ZUBAIR CHOUDHRY, RPA, APA

President & CEO RPA Canada

RPAs serve as small business-focused accountants, offering bookkeeping, accounting, taxation, advisory services, and compilation engagement reports. They also hold key roles in government, not-for-profits, and corporations as management accountants and controllers.

Small businesses are the backbone of Canada’s economy, yet they face significant financial and accounting challenges.

With a shortage of qualified accountants, the demand for accessible and affordable expertise has never been greater. Addressing this gap, the Registered Professional Accountant (RPA) designation, reintroduced by the Society of Professional Accountants of Canada (RPA Canada), provides a timely solution focused on supporting small businesses.

Although RPA Canada has existed since 1978 as a true Canadian accounting designation—and its predecessor, the Canadian Institute of Accredited Professional Accountants (CIAPA) since 1938—the RPA program underwent significant modernization in 2019 to integrate emerging technologies.

Under the leadership of Zubair Choudhry, President & CEO of RPA Canada, a new RPA Education Program was introduced in 2020 following extensive consultations with academics, industry leaders, and head-hunters. This renewal ensures the designation remains relevant and complements existing accounting credentials in Canada.

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What sets the RPA designation apart is its inclusive pathways—welcoming students, experienced professionals, and internationally trained accountants looking to align with Canadian standards. It also provides a viable option for career changers and those managing accounting practices without an accounting designation.

By expanding access to the accounting profession, the RPA designation fills a crucial gap left by the phase-out of the CGA and CMA designations, ensuring a steady supply of well-trained accountants for small businesses. This benefits small businesses by increasing access to expert financial guidance, fostering business growth, and strengthening Canada’s economic landscape.

“At RPA Canada, we recognize the vital role small businesses play in driving Canada’s economy. The RPA designation is designed to bridge the gap in accessible and affordable accounting expertise, equipping professionals with the skills to meet the evolving needs of the business landscape. Our commitment is to provide high-quality financial guidance, support small businesses, and protect the public interest.” 

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MEMBER TALKS

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MEMBER TALKS

Since 1989 • Cash for Invoices in 24 Hours

WHAT OUR FACTORING PROGRAMS DO FOR OUR CLIENTS:

• No Application fees or hidden fees • Customized low rates • Free credit checks on your customers

• Improve Cash Flow and

• Non recourse Program (Credit Guarantee)

Reduce Credit Risk

• Reduce employee workload by outsourcing credit checking, invoice processing and collection duties

• Receive invoice payments by direct deposit when money is most needed

• Have ready and available cash to pay suppliers and efficiently grow the business

• Dedicated Account Executives • Real Time Online Access

J D Factors specializes but is not limited to the following industries:

• Transportation • Manufacturing • Oil and Gas Services • Temporary Staffing

Your Flexible Finance Partners www.jdfactors.com

1-800-263-0664

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MBOT Members since 2005!

315 Matheson Blvd E. Mississauga, ON L4Z 1X8

CONNECT | 2025 ISSUE 2

MEMBER TALKS

J D Factors: Proudly Canadian, Supporting Canadian Businesses J D Factors is a proud Canadian company that has been operating since 1989. With four offices across Canada, all of our employees are based and working within the country. As a true non-recourse factoring company, we remain committed to providing financial stability and support to Canadian businesses.

Despite economic challenges, we have maintained our competitive pricing, ensuring continued support for our clients without added financial burden. Our dedication extends beyond financing—we actively advocate for Canadian businesses in the fight against tariffs, reinforcing our commitment to strengthening the national economy.

•

Be cash strong going into the tariffs – Factoring can help you maintain a strong financial position. Don’t wait until it’s too late—secure your cash flow now.

•

Committed to Canadian businesses – We’ve maintained our pricing even as interest rates have risen in the past, ensuring our clients continue to receive cost-effective financial support.

•

Stable & Experienced – With over three decades in business, J D Factors has remained consistent, providing reliable service with minimal operational changes.

•

No tariffs on our money – Our Canadian-based operation is fully Canadian, our financing remains unaffected by tariffs, giving our clients an added advantage.

•

Strong credit data insights – While our shareholders are based in the U.S., we leverage a shared database with our U.S. counterpart, offering superior credit data to our Canadian prospects.

Canadian Strong – Supporting the Canadian Economy 

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NEW MEMBERS LISTING

Welcome

NEW MEMBERS OF MBOT

Capital World Business Brokerage

Old Credit Brewing

Chick-fil-A Square One

OSI Canada

Diane Sousa, Allstate Insurance Agent

Pixeloom Visual Productions Ltd.

Dynamic Security Solutions

Progressive Training College of Business & Health

Fixara Motors Care Ltd. Halton Industry Education Council

Seven Seas Worldwide

Julius Atanawhemera, LLB, BL, EMIR-Geneva

SJK Global, Inc. Sky Zone Trampoline Park

KLA Tech Canada, LTD. La Vie Executive Health

Thermography Inspection Services / ESCU Enterprises Ltd.

Master Care Janitorial and Facility Services Inc.

Toric Optometry & Optical TSK Ventures Inc.

Meadowvale Business Association

Winmar - Mississauga/Oakville

NetShield Innovations Ltd.

SHARE NOW! * DISCOUNT RECEIVED ONCE PROSPECTIVE BUSINESS JOINS MBOT. CREDIT IS APPLICABLE FOR 12 MONTHS

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CONNECT | 2025 ISSUE 2

MEMBER TALKS

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MEMBER TALKS

Unraveling

INTRODUCING OFI DEMENTIA A M I C THE A CTYPES RED T MILLS An upcoming senior lifestyles residence

Dementia is an umbrella term for symptoms caused by various disorders that affect the brain, leading to a decline in cognitive abilities that interferes with daily activities. The disease can manifest through memory loss, difficulty thinking, and impaired abilities to perform routine tasks. The various types of dementia include:

Frontotemporal Dementia (FTD) often affects younger individuals more than other forms of dementia.

It primarily impacts the frontal and temporal lobes, which control personality and behavior. Brain cells may change in size. Symptoms include changes in personality, behavior, speech, and language, and patients may experience forgetfulness, motor skill challenges and swallowing difficulties.

Alzheimer’s Disease, the most common form of dementia, occurs when abnormal protein deposits in the brain interfere with normal brain function, causing brain cells to die.

Symptoms include memory loss, and changes in physical and cognitive abilities, behavior, and emotions.

While there is currently no cure for dementia, and symptoms typically worsen over time as brain cells are damaged, there are ways to manage the condition.

Vascular Dementia (VaD) is caused by insufficient blood flow to the brain, depriving brain cells of oxygen and nutrients, leading to cell death. VaD may occur suddenly after a stroke that blocks brain blood vessels, or gradually through multiple minor strokes or other conditions affecting smaller blood vessels. Symptoms include confusion, difficulty with ZELLERSspeech Entrance E HUDSON’S or comprehension, impaired judgment, and vision problems, BAY MARSHALLS with progressive cognitive decline over time.

GLEN ERIN DR

Entrance B

At Amica, we are committed to providing personalized care for residents living with dementia. We work closely with each resident to develop care plans tailored to their specific needs, helping to manage symptoms and improve quality of life. Our goal is not only to slow the progression of dementia but to create an environment where residents feel supported and engaged. By focusing on each individual’s abilities and preferences, we provide meaningful, enriching experiences that promote dignity, independence, and comfort for those navigating the challenges of dementia.

Discover all that we’ll have to offer when you visit our Presentation Centre, NOW OPEN.

Residence opening Summer of 2025.

Dementia with Lewy Bodies is characterized by abnormal Amica Credit Mills, opening late summer 2025, will offer two protein deposits, known as Lewy bodies, in the brain’s nerve dedicated floors of Memory Care to support local seniors. cells. These deposits disrupt brain communication, leading To learn more, visit amica.ca/creditmills or call to a decline in thinking, WALMART reasoning, and independence.

905-858-7777.  Symptoms include fluctuating levels of alertness, memory loss, visual hallucinations, tremors, rigid muscles, and interpreting information.

C AL Ldifficulty U S TO L E A Rvisual N MOR E at 905-858-7777 Entrance D

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Presentation Centre: Erin Mills Town Centre A M IC A .C A /CR EDI TM ILL S 34

INDEPENDENT LIVING

ASSISTED LIVING

CONNECT | 2025 ISSUE 2

MEMORY CARE

MEMBER TALKS

Your talent solution

• Build your workforce with co-op and internship students.

• Meet top talent at career fairs and engagement events.

• Upskill your existing workforce with continuing education.

• Elevate your team’s performance with customized corporate training.

Scan the QR code to contact us

CONNECT | 2025 ISSUE 2

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INTRODUCING

AMICA CREDIT MILLS An upcoming senior lifestyles residence

GLEN ERIN DR

Entrance B

Discover all that we’ll have to offer when you visit our Presentation Centre, NOW OPEN. ZELLERS

Entrance E

HUDSON’S BAY

MARSHALLS

Entrance D

EGLINTON AVE W

Residence opening Summer of 2025.

WALMART

CAL L US TO L E AR N MORE a t 9 0 5 - 8 5 8 - 7 7 7 7

Presentation Centre: Erin Mills Town Centre A M IC A .C A /CR EDI TM ILL S

INDEPENDENT LIVING

ASSISTED LIVING

MEMORY CARE