Posts tagged commercial tenant.

Can commercial tenants suffering the effects of the pandemic on their business unilaterally stop paying rent?

In a recently reported decision of the B.C. Supreme Court, Hudson’s Bay Company ULC v. Pensionfund Investment Ltd., 2020 BCSC 1959, the court attempted to balance the competing and urgent interests of commercial landlords and tenants during the current ...

Share
Posted in Real Estate

Beginning in the fall of 2019, many strata owners in British Columbia saw their insurance premiums jump between 50% and 700% from the previous year, along with similar increases in their insurance deductibles. Although garnering less attention than the insurance crisis in the residential strata market, commercial landlords and tenants are also seeing significant ...

Share
Posted in Real Estate

Protection for commercial tenants, similar to what was previously announced in British Columbia, is now potentially coming to Alberta. See the Alberta government’s news release, dated June 16, 2020. On June 16, 2020, the Alberta government introduced Bill 23: the Commercial Tenancies Protection Act, which is intended to protect commercial tenants from evictions and ...

Share
Posted in Real Estate

On May 29, 2020, the B.C. Minister of Public Safety and Solicitor General issued Ministerial Order No. M179 (the “Order”) which has broad sweeping implications for numerous commercial tenancies in the Province. The preamble to the Order outlines one of the purposes of the Order which is that “measures are needed to prevent the eviction of small business tenants” ...

Share
Posted in Real Estate

Further to our previous blog post, additional information has been provided by the Canada Mortgage and Housing Corporation (CMHC) regarding the Canada Emergency Commercial Rent Assistance Program (CECRA). Details of this information can be viewed here

Recapping our previous post, under the voluntary program, loans will be provided to qualifying commercial ...

Share
Posted in Real Estate

Further to our previous blog post, Prime Minister Trudeau announced today further details regarding the Canada Emergency Commercial Rent Assistance Program (CECRA). Details of the announcement can be viewed here.  

Under the voluntary program, loans will be provided through Canada Mortgage and Housing Corporation (CMHC) to qualifying commercial landlords to cover 50 ...

Share
Posted in Real Estate

Prime Minister Trudeau announced today that the Canadian government is working with the provinces and territories to develop a national program to provide support to help small businesses with their rent for the months of April, May and June. Mr. Trudeau and his provincial and territorial counterparts will hold a telephone meeting on Thursday evening to further discuss ...

Share

Recently, a number of retail enterprises have availed themselves of the protection of the Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA), Canada’s insolvency statutesThe BIA and CCAA, as federal statutes, have various provisions that allow a debtor to deal with their leases in a manner which may be inconsistent with the ...

Share

About Us

Our Real Estate Law Blog provides brief commentary on current legal trends and developments affecting your business. The topics addressed in Lawson Lundell’s Real Estate Law Blog are of interest to commercial real estate developers, real estate and strata agents, investors, landlords and tenants, as well as a variety of industry groups. 

Legal Disclaimer: The information made available on this webpage is for information purposes only. It does not constitute legal advice, and should not be relied on as such. Please contact our firm if you need legal advice or have questions about the content of this webpage. 

Editors

Authors

Topics

Recent Posts

Archives

Blogs

Jump to Page