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ARTICLE · 05 JUNE 2020

Canada Emergency Commercial Rent Assistance Application And Document Samples – CHMC Releases Details

Canada Housing and Mortgage Corporation ("CMHC") has announced that the Canada Emergency Commercial Rent Assistance ("CECRA") application portal opens today, May 25, 2020...

CanadaReal Estate and Construction

Canada Housing and Mortgage Corporation Releases Details on CECRA Application

Canada Housing and Mortgage Corporation ("CMHC") has announced that the Canada Emergency Commercial Rent Assistance ("CECRA") application portal opens today, May 25, 2020, and has released application documents which will be required to complete an application and access the CECRA.

The terms of the sample documents are complicated, and vary significantly from, or add significant additional features to, the details previously released by the Government of Canada and CMHC respecting the CECRA.  We have provided a summary of these diversions and additions below, however we highly recommend that any tenant, landlord or property owner considering participation seek legal advice respecting the sample documents.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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