Finance & Taxation

Ottawa extends COVID-19-related commercial rent subsidies by a month

August 6, 2020

The government announced the Canada Emergency Commercial Rent Assistance program has been extended to currently cover a portion of August’s rent for businesses that qualify.

“Your landlord has to be eligible, your landlord has to be willing to apply, and then in addition to that, you have to fit within the parameters as a business,” said Greg Wilson, Director, Government Relations (BC), Retail Council of Canada.

“In large urban areas such as downtown Vancouver where rents can be quite expensive, the limit should have been increased.”

Read full article at CityNews 1130

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