This post was originally published May 8, 2020 and was
updated on June 11, 2020.
On April 24, 2020, the Government of Canada announced that, in
partnership with the provinces and territories, it will be
providing relief to landlords who agree to reduce eligible
commercial tenants' rent obligations by at least 75% during the
months of April, May and June 2020. Under the program, known as
CECRA, the federal and provincial/territorial governments will
partner to pay 50% of the gross rent in the form of a forgivable
loan to landlords. The program is administered by the Canada
Mortgage and Housing Corporation (CMHC) through an application
portal that will be available starting at 8:00 a.m. (Eastern Time)
on Monday, May 25, 2020.
