The Government of Canada has announced the Canada Emergency Commercial Rent Assistance Program (CECRA) that will cover 75% of commercial rent for small businesses impacted by COVID-19.
Businesses can also tap into financial supports such as
- Business Credit Availability Program (BCAP)
- Canada Emergency Wage Subsidy (CEWS)
- Expanded Work Sharing Program
- Canadian Emergency Business Account (CEBA)
Please consult this posting by Benchmark Law Corporation to better understand the legal obligations of both renters and landlords pertaining to commercial leases.