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Program

Canada Emergency Commercial Rent Assistance (CECRA)

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Canada Mortgage and Housing Corporation - CMHC

This assistance offers business owners that rent to small businesses a forgivable loan of 50% of the cost of rent provided they offer tenants a rent reduction of at least 75% for the months of April, May, June, July, August and September, 2020.

Non-exhaustive eligibility criteria:

  • Own a building with at least one small business tenant that is affected;
  • Conclude (or have concluded) a legally binding agreement to reduce rent for the months of April, May, June, July, August and September, 2020.

Owners can apply through a specially designed portal.

Some conditions apply.

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