Ottawa, provinces ready to pay 50% of rent for small businesses


By Tyler Orton / Business in Vancouver
Program will require landlords to absorb 25% of rent

The federal government says it’s working with provinces to cover 50% of commercial rent for small businesses under financial pressure amid the COVID-19 pandemic. Prime Minister Justin Trudeau said Wednesday (May 20) the previously announced Canada Emergency Commercial Rent Assistant Program begins accepting applications May 25.…

Source:: Ottawa, provinces ready to pay 50% of rent for small businesses


May 20, 2020

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