Staffing Declared an Essential Service: Bay Talent Group Remains Committed to Supporting Businesses During COVID-19 Shutdown
Toronto, Ontario--(Newsfile Corp. - March 25, 2020) - The Ontario government listed staffing as an essential service, allowing staffing companies to maintain operations during the COVID-19 imposed shutdown of the province until April 13, 2020. Bay Talent Group (TSXV: HIRE) (BTG) will continue to support businesses during this time by providing in-demand and flexible workforce solutions through their subsidiaries.
"Our number one priority right now is to help essential businesses function productively through this challenging period and having the right resources, the right skillsets, is a key part of the solution," says Allan Hartley, Chief Executive Officer of BTG. "We are committed to doing our part in beating COVID-19 and making sure that the essential businesses that remain open will be at their optimal level for those that need them most."
Last week, the executive team at BTG transitioned their employees and those of their subsidiaries to working from home in an effort to help combat the spread of COVID-19. Bay Talent Group is a parent company of recruiting firms for temporary and permanent back-office roles in finance, accounting, HR, office administration, and IT.
For more information about Ontario's list of essential workplaces, please visit: https://www.ontario.ca/page/list-essential-workplaces
About Bay Talent Group Inc.
BTG's strategy is to complete accretive acquisitions of staffing, information technology, and consulting firms that meet BTG's valuation, expertise, geographic, and operational criteria. BTG proposes to create value by providing diversified vertical and cross-selling opportunities to target firms, realizing savings from consolidating operations and leveraging a centralized back-office structure.
BTG's two wholly-owned operating subsidiaries, Provision IT Resources Ltd. and PTC Accounting and Finance Inc., are boutique consulting firms that offer a range of professional staffing services for accounting, finance, information technology, office administration and human resources. Their clients include large organizations in the financial, government, insurance, and pension fund sectors, as well as, small and medium sized businesses across a broad range of industries.
For further information, please contact:
Bay Talent Group Inc.
Simon Dealy, President
Phone: (647) 868-9611
Cautionary Note Regarding Forward-Looking Statements
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements, including statements with respect to the performance of the Company and the business plan of the Company. Such statements and information reflect the current view of the Company. Risks and uncertainties exist that may cause actual results to differ materially from those indicated or implied in the forward-looking statements and information. Such factors include, among others: the limited business history of BTG; reliance on key management; risks related to BTG's acquisition strategy, including that previous and future acquisitions do not meet expectations or potential acquisitions cannot be completed; dependence on and availability of third party financing; the business of BTG is subject to broader economic factors; disruptions or changes in the credit or security markets; financial results of BTG's operations; unanticipated costs and expenses; and general market and industry conditions. The forward-looking statements, while considered reasonable by the Company, are inherently based upon assumptions that are subject to significant risks and uncertainties, including, but not limited to, the Company's ability to carry out its business plan as contemplated. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
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