canada commercial rent assistance

Trudeau announces Canada Commercial Rent Assistance to help small businesses with their lease

Small businesses across the country have called out for help with rent in the face of nationwide shutdowns, and it appears the Canadian government has heard them.

Premier Justin Trudeau announced today that the federal government is launching the Canada Commercial Rent Assistance program, which will assist small businesses in covering their leases for April, May and June.

The news comes after many businesses have faced lockouts and evictions after being unable to pay April's rent due to the COVID-19 pandemic.

Advocacy groups have been petitioning the government to implement some kind of rent relief for businesses at risk of shutting down while the country remains in lock down.

The government also a said today that eligibility for the Canada Emergency Business Account (CEBA) would be expanded to include more small and medium businesses, something many businesses had stressed was an issue.

Trudeau said details about the Canada Commercial Rent Assistance program are still being sorted out with the provinces and he'll have more information soon.

Lead photo by

Fareen Karim

Join the conversation Load comments

Latest in News

CBC reporter fired because of tweet

Travel in Canada is about to get more expensive as airports increase fees

Disturbing video shows violent arrest of cyclist in Vancouver

Edmonton says it will no longer give out mask exemption cards

GoodLife Fitness overwhelmed by calls from people trying to pause or cancel memberships

Black Lives Matter mural in Calgary on hold after organizers receive threats

There's now a movement for a universal basic income to replace CERB in Canada

Edmonton facing backlash after handing out mask exemption cards