Yesterday the government started accepting applications for the Canada Emergency Commercial Rent Assistance Program (CECRA).
CECRA provides a loan to participating commercial property owners/landlords who reduce commercial rent for April, May (retroactively), and June by 75 percent.
Unfortunately, renters cannot apply directly for this program – property owners/landlords are the ones who must go through the process. As frustrating as this may be, you can encourage them to apply.
Our friends at the CPA have made it easy to write a letter to your property owner/landlord, requesting their participation in the CERCA application process. Save time and use their letter template.
As always, we are here if you have any questions or concerns at this time. Please keep in touch with us.