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ARTICLE · 16 FEBRUARY 2022

The Canada Emergency Rent Subsidy

MLT Aikins LLP
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Effective October 24, 2021, the Canada Emergency Rent Subsidy (CERS) was replaced by two new programs: the Tourism and Hospitality Recovery Program (THRP) and the Hardest-Hit Business Recovery Program (HHBRP).

CanadaReal Estate and Construction
Aaron Haight
Aaron Haight
Erin Bokshowan
Erin Bokshowan
Kali Frank
Kali Frank
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Effective October 24, 2021, the Canada Emergency Rent Subsidy was replaced by two new programs.

Update:

On December 17, 2021, Bill C-2 received Royal Assent which ended the Canada Emergency Rent Subsidy program and implemented measures to continue to provide rent subsidy support through the Tourism and Hospitality Recovery Program and the Hardest-Hit Business Recovery Program.

The blog post below has been updated to reflect these changes. With different rules and different programs potentially applying to the various benefit periods, MLT Aikins LLP would be pleased to assist you in determining whether you are eligible for these programs and the amount of the subsidy that you may qualify for.

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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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