Pandemic Updates - Commercial Landlords and Tenants

Early last week, our News ReLease outlined the Canada Emergency Commercial Rent Assistance (CECRA) Program, which is a federal rent assistance program, to be administered by the Canada Mortgage and Housing Corporation (CMHC). Soon (later in May), many landlords and small business tenants across Canada will be able to avail themselves of this program.

Late last week, CMHC updated some of the details of CECRA. In this News ReLease we report on the new changes to the CECRA program and take a look at questions that remain unanswered.