Covid-19 update
May 5, 2020

The rate of infection of the COVID-19 virus is beginning to flatten in many parts of Canada and the Governments of Canada and our Provinces are beginning to gradually reverse restrictions and plan for the resumption of businesses and social interaction.

There is light at the end of the tunnel but it will take time to get back to life as normal.

Mackie Research Capital continues to conduct business almost as usual subject to the constraints of physical distancing. Most of our employees continue to work from home, except for a skeleton staff in our offices. The office towers which house our head office and most of our branches are still closed to the public and are only accessible to a limited number of employees holding card keys for access. Our reception areas are still locked and visitors are not permitted. Our cage operations continue to receive and deliver securities and funds electronically, by mail, and by courier. Our trading operations continue to operate as usual.

Financial markets have recovered somewhat from the lows of late March, but have not returned to the record high levels of early 2020. They continue to reflect the uncertainty of how and when the world’s economy will resume and recover. We encourage our clients to seek the guidance of their financial advisor to navigate these uncharted waters.

We will update this message as changes occur. In the meantime we will continue to provide the highest level of service and look forward to each step towards resuming life as usual.

Geoff Whitlam