The Canada Emergency Commercial Rent Assistance (CECRA) will be extended by one month to help eligible small businesses pay rent for September.
RCC has been advocating strongly for amendments to the Canada Emergency Commercial Rent Assistance (CECRA) program for several months. Specifically, we’d like to see changes to the eligibility criteria as well as to the application process so that rent relief can be provided directly to tenants. Some retailers have benefited from the program, but ongoing store closures remain inevitable as many landlords across the country haven’t utilized the voluntary program. Rent relief remains a priority issue for RCC as SME retailers with severely reduced revenues continue to have difficulty in paying their rent.