COVID-19 IMPACT ON BUSINESS – APRIL 25, 2020
CANADA EMERGENCY COMMERCIAL RENT ASSISTANCE (CECRA) The Federal Government has announced more details on the Canada Emergency Commercial Rent Assistance (CECRA) program following an agreement in principle regarding funding with all provinces and territories. While more details are yet to come, here is what we know so far. Commercial landlords who qualify under the program will be eligible for forgivable loans that will cover 50% of eligible …