Dear Client and Friend,
For those of you who like numbers, remember from your school days that if the denominator of a fraction gets bigger, the fraction gets smaller. Dr. Ioannidis, a Greek-American physician-scientist, argues that the real fatality rate of COVID–19, or the chance of dying from it, is the same as the seasonal flu. Based on his study, he found that the number of Covid-19 infected people, the denominator, is really 50 to 85 times larger than what was thought or documented. Therefore, the chance of dying is smaller than what may be understood by the general public based on his findings.
It’s time to open up! Below I have highlighted important dates from our three levels of government, and my sections on Real Time Experiences and Silver Linings:
City of Toronto - Property Taxes and Utility Bills Grace Period Ended May 15
*The 60 day grace period for property taxes and utility bills payments ended May 15. Please visit the billing dates from the City of Toronto site:
Ontario – What Has Opened As of May 19?
*Click on the Ontario link to see the detailed list of openings:
Government of Canada – Canada Emergency Commercial Rent Assistance Opens May 25
How Do You Apply?
Sign up and we’ll let you know when the portal opens<https://www.cmhc-schl.gc.ca/en/finance-and-investing/covid19-cecra-small-business?guide=How%20do%20I%20apply%20for%20the%20CECRA%20for%20small%20businesses%20program?>
Real Time Experiences
Personal taxes are due June 1 due to the Covid extension. Thank you for using the encrypted e-courier service and setting up your user accounts with me. Many of you have been finding it very easy to use. Just click on the e-courier logo below or on my website, and drop off your tax information with a picture or a scan of your documents. There’s always my physical mailbox at home as well.
Road accidents in India have declined due to C OVID-19.