Posts tagged Canada Emergency Rent Subsidy.
Posted in Real Estate

This blog post is an update to our post on the Canada Emergency Rent Subsidy program (“CERS”).

On November 19, 2020, Bill C-9, an act to amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy) (“Bill C-9”), received royal accent and CERS was enacted into law.

CERS will provide support directly to qualifying commercial Tenants and ...

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Posted in Real Estate

On October 9, 2020 the Federal Government announced its intention to “introduce new, targeted support to help hard-hit businesses and other organizations experiencing a drop in revenue” due to the COVID-19 pandemic. Part of this new support includes the roll out of the Canada Emergency Rent Subsidy (“CERS”). CERS will replace the Canada Emergency Commercial ...

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