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Bay Talent Group deemed essential by Ontario government; will remain open during shutdown

The company said it will continue to support businesses by providing in-demand and flexible workforce solutions through its subsidiaries

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Bay Talent Group's strategy is to complete accretive acquisitions of staffing, information technology and consulting firms

Bay Talent Group Inc (CVE:HIRE) announced Wednesday that it will remain in operation during a province-wide coronavirus (COVID-19) shutdown because the Ontario government listed staffing among its essential business.

The company said it will continue to support businesses by providing in-demand and flexible workforce solutions through its subsidiaries, Provision IT Resources Ltd and PTC Accounting and Finance Inc.

Ontario Premier Doug Ford ordered the shutdown of all non-essential businesses earlier this week, and the order went into effect at 11:59 pm on Tuesday.

The full list of Ontario’s essential business categories can be found here.

READ: Bay Talent Group to combine with RSI International Systems in major boost to acquisition strategy

"Our number one priority right now is to help essential businesses function productively through this challenging period, and having the right resources, the right skill sets, is a key part of the solution," CEO Allan Hartley said in a statement. "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, BTG and its subsidiaries began working from home in an effort to slow the spread of the virus.

Bay Talent Group's strategy is to complete accretive acquisitions of staffing, information technology and consulting firms. The company’s wholly owned operating subsidiaries, Provision IT Resources Limited 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.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com 

Follow him on Twitter @andrew_kessel

Quick facts: HIRE Technologies Inc.

Price: 0.74 CAD

TSX-V:HIRE
Market: TSX-V
Market Cap: $35.58 m
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