COVID-19: CMHC Information on the Canada Emergency Commercial Rent Assistance for Small Businesses

The CMHC has posted some additional information on its website regarding the Canada Emergency Commercial Rent Assistance for small businesses. While the CMHC’s comments are helpful, it is important to remember that there is no legislation on the CECRA program, draft or otherwise.  Once legislation implementing the CECRA program has been passed into law, the […]

COVID-19: Canada Emergency Commercial Rent Assistance for Small Businesses

Prime Minister Trudeau announced this morning 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 businesses. Our DMCL comments are in the brackets. This program will lower rent by 75 per cent for small businesses that have been […]