MBE Newsletter

Newsletter

Mid May 2026

BAD BREAK

 

TARIFFS NOT TO BLAME FOR HONDA’S DECISION TO AXE FACTORY EXPANSION

The bad news is that Honda isn’t expanding its operation in Alliston to build an electric vehicle plant. The good news is that no government money has been handed over despite a promise of up to $5 billion when the project was announced two years ago.

The announcement on April 25, 2024, promised a $15 billion investment from Honda for a new EV assembly line and a battery plant. The federal government promised up to $2.5 billion in production tax credits and the provincial government promised up to another $2.5 billion in support.

News

1. Toronto’s New Midtown – Introducing the Wilde Condomiums

Mansoor Naqvi Team & Royal Lepage Terrequity Realty are excited to bring the Toronto’s New Midtown – Introducing the Wilde Condomiums by Chestnut Hill Developments.

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

If you are interested in booking a unit on this project, please provide the following information ASAP.

  1. Copy of driver license
  2. Email & phone contact

 

Feel free to contact us:

Syed Hassan, Broker
Direct: (647) 832-7265
Email: syedhassan@royallepage.ca

2. UNIVERSAL CONDO THE GRAND’S LATEST PROMOTION UP TO $100K DISCOUNT

After the successful sale of Universal Tower One, Two and Three

Mansoor Naqvi Team & Royal Lepage Terrequity Realty are excited to bring the Grand Universal City Tower Condo Project in the heart of Pickering by Chestnut Hill Developments.

DEPOSIT STRUCTURE

  • $5,000 on Signing
  • Balance to 5% in 30 Days
  • 5% in 180 Days
  • 5% in 365 Days
  • 5% on Occupancy
  • See below for Extended Deposit Structure

 

EXTENDED DEPOSIT STRUCTURE

  • $5,000 on signing
  • Balance to 5% in 30 Days
  • 5% Jan 15, 2027
  • 5% on Occupancy

 

EXCLUSIVE BROKER CLIENT INCENTIVES

Builder Mortgage Rate

1.99% VTB Mortgage for 2 Years*

Huge Price Discounts – UP TO $100K

(On All Units) *Floors 25–37

Right to Lease During Interim Occupancy

(In Accordance with Vendor’s Amending Agreement)

Zero Dollars Assignment Fee

(Legal Administrative Fees Apply)

(Value $5000)

Zero Occupancy Fees

(On Selected Units)

(Value $5,000–$7,000 per MONTH)

Capped Development Charges

($3,000 for 1 Bed & 1 Bed+Den)

($4,000 for 2 Bed & Larger)

This location is surrounded by a variety of amenities.

  • Major Intersection 401 and Brock Rd.
  • Adjacent to Go Station
  • Frenchman’s Bay
  • Primary and Secondary Schools
  • Minutes from Waterfront & Lake Ontario and Parks
  • Future Casino, Retail, Dining, Hotel & Entertainment District
  • Pickering Town center
  • HWY’s: 401 & 407

 

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

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

  1. Copy of driver license
  2. Email & phone contact

 

Feel free to contact us:

Syed Hassan, Broker
Direct: (647) 832-7265
Email: syedhassan@royallepage.ca

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Articles

For many Canadian businesses, managing taxes is one of the most complex and costly parts of operations…

Running a restaurant in today’s competitive environment requires more than great food and service…

As Canadian businesses scale, managing operations across disconnected tools becomes inefficient and costly…

With the arrival of May, the Restaurants, Foodservice, Culinary, and Hospitality sectors shift into high gear. The summer season is more than a surge in demand—it’s a defining moment where plans are put to the test and operational strength drives real results.

From an editorial lens, what stands out this year is the industry’s growing reliance on precision. Operators are no longer simply preparing for higher footfall; they are building structured, data-informed operations. From procurement planning to staffing models and inventory control, successful businesses are those treating summer not as a rush, but as a carefully managed cycle. This mindset is becoming essential to maintaining margins amid rising costs.

Market signals also point to a shift in revenue composition. While dine-in traffic continues to recover, off-premise channels—including delivery, takeaway, and cloud kitchens—remain strong contributors. This hybrid model is no longer a trend; it is now standard practice. Businesses that integrate these channels effectively are achieving greater consistency in revenue and customer retention.

Menu strategy is also evolving. Rather than expanding offerings, many operators are refining them—focusing on high-margin items, reducing waste, and aligning menus with seasonal demand. This improves profitability while supporting efficiency during peak periods.

At the same time, consumer expectations are becoming more practical. While experience still matters, there is a growing emphasis on value, convenience, and reliability. Businesses must balance innovation with simplicity to meet these expectations effectively.

Franchise expansion, catering, and event-based dining continue to offer strong growth opportunities during the summer months, enabling businesses to scale beyond their core locations.

At MB Business Magazine, this issue focuses on practical, market-driven insights—what is working, where efficiencies are being created, and how businesses are adapting in real time.

We encourage a disciplined and focused approach this season. Sustainable growth is built on clarity, execution, and responsiveness to market realities.

Wishing you a productive and successful summer season.