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Canada's new emergency commercial rent subsidy 

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Canada's new emergency commercial rent subsidy
October 13, 2020

Prime Minister Justin Trudeau announced at a press conference on Friday that this financial support will go directly to businesses without having to go through commercial landlords.

Canada's Emergency Commercial Rent Subsidy will cover up to 65% of eligible expenses, and up to 90% for businesses that have had to close their doors due to an order from local authorities.

It replaces Emergency Rent Assistance, which expired at the end of September.

Find out more about this subsidy in this press release from the Governement of Canada.

Details about the subsidy will be available on the Governement of Canada's website soon.

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