Browsing Tag

CECRA

Liberals extend commercial rent relief program for last time

The Canadian Press Sep 9, 2020

OTTAWA – An underused program to give hard-hit small businesses a break on their rent is getting one more month of service, but without any of the changes critics say are needed to prevent stores from permanently closing their doors.On…

Real Estate

Businesses could qualify for one more month of rent relief as program extended

The Canadian Press Aug 4, 2020

OTTAWA — The government announced on Friday that the Canada Emergency Commercial Rent Assistance program has been extended once again, and will now cover a portion of August's rent for businesses that qualify.To get the rent…

Real Estate

Ontario Joins Other Provinces in Introducing a Temporary Moratorium on Evictions of Small Business…

Patrice Thomas, Agnès Pignoly Jul 6, 2020

As governments attempt to support small businesses affected by the COVID-19 pandemic, Ontario has joined other provinces in introducing a moratorium on evictions of small business commercial tenants. Passed on June 18, 2020, the Protecting…

Real Estate

July added to COVID 19 commercial rent relief program

The Canadian Press Jul 2, 2020

OTTAWA — Federal and provincial governments have agreed to extend a commercial rent relief program to help cover July costs for eligible small businesses, with a few changes.The Finance Department says the program will no longer…

Real Estate

Ontario businesses say temporary commercial evictions ban only a start

David Friend - The Canadian Press Jun 10, 2020

TORONTO — Small business owners have spent months urging the Ontario government to hear their pleas for a temporary ban on commercial evictions, but some say the answer they've received doesn't go nearly far enough.A provincial…

Real Estate

National Coalition of Commercial Property Owners calls for Support to Small Businesses

Building Jun 1, 2020

A new coalition of commercial property owners is calling on provincial governments to provide direct supports to struggling small businesses instead of "blanket non-eviction measures that punish landlords participating in the Canada…

Real Estate

Trudeau unveils rent relief for small businesses hurt by COVID 19

Building Apr 24, 2020

The Prime Minister, Justin Trudeau, announced today that the federal government has reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small…