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ARTICLE · 20 AUGUST 2020

Canada Emergency Commercial Rent Assistance

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On April 24, 2020, the Prime Minister announced the federal government reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial ...

CanadaReal Estate and Construction
Bennett Jones LLP
Bennett Jones LLP
Craig Garbe
Craig Garbe
Christopher Porter
Christopher Porter
Samantha Lush
Samantha Lush
Michelle F. Yung
Michelle F. Yung
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Updated August 18, 2020: This blog is a further update to our previous blogs of April 27, 2020, April 30, 2020, May 20, 2020, and June 17, 2020.

On April 24, 2020, the Prime Minister announced the federal government reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for qualifying commercial property owners and small business tenants.

The Prime Minister's Office and the Canada Mortgage and Housing Corporation (CMHC) have released further details on CECRA and eligible landlords can now apply for the program. Each province may establish additional criteria and conditions for CECRA, which is referenced below.

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