Posts tagged Rent relief.
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 ...

Share
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 ...

Share
Posted in Real Estate

This blog post is further to our post on the B.C. government’s revised measures for residential landlords and tenants.

On July 16, 2020 the Minister of Municipal Affairs and Housing (the “Minister”) announced a framework for rent repayment once the ban on evictions for the non-payment of rent is lifted on September 1, 2020. A ministerial order implementing the ...

Share
Posted in Real Estate

On June 24, 2020, the Minister of Public Safety issued a new ministerial order pursuant to the province’s Emergency Program Act relating to residential tenancies (the “New Order”). The New Order replaces the prior ministerial order dealing with residential tenancies, which we summarized in our blog here.

The New Order will impact Landlords and Tenants as follows:

    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

    Given the impact of the COVID-19 pandemic, a large number of businesses are seeking some form of rent relief from their landlords.

    When negotiating a rent relief agreement, there is a balance to be struck between providing meaningful relief to a tenant so that its business has a better chance of long term survival, while still allowing the landlord to meet its ongoing ...

    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

    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