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ARTICLE · 02 DECEMBER 2020

The Canada Emergency Rent Subsidy

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Eligible businesses who have incurred qualifying expenses on or after September 27, 2020 may now apply for the Canada Emergency Rent Subsidy.

CanadaReal Estate and Construction
Aaron Haight
Aaron Haight
Erin Bokshowan
Erin Bokshowan
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Eligible businesses who have incurred qualifying expenses on or after September 27, 2020 may now apply for the Canada Emergency Rent Subsidy.

Canadian Emergency Rent Subsidy: Eligible Businesses with 2020 Revenue Decreases

For qualifying expenses incurred on or after September 27, 2020, the Canada Emergency Rent Subsidy (CERS) is now available to qualifying businesses. The CERS expands and replaces the previous Canada Emergency Commercial Rent Assistance program. The rules and the application process for the CERS are similar to the Canada Emergency Wage Subsidy (CEWS), which should make it easier for qualifying businesses to access the program. For more detailed discussion of the CEWS, see our Federal Government Extends COVID-19 Wage Subsidy blog.

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