All commercial landlords in Ontario can now apply for rental assistance to help their small business tenants impacted by the COVID-19 pandemic. This initiative will keep more small businesses in operation and more people employed as the province gradually and safely restarts the economy.
The Ontario government, in partnership with the federal government, has launched the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. The province is committing $241 million to the program, which will provide more than $900 million in support for small businesses across Ontario during this difficult time. To find out how much rent support you may be eligible for, visit Ontario.ca/rentassistance.
More information here.