NOKTogether | Canada Emergency Commercial Rent Assistance Now Open for Applications

Canada Emergency Commercial Rent Assistance now open for applications

The Prime Minister, Justin Trudeau, today announced that applications are now being accepted for Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. Over the course of the program, property owners will reduce rent by at least 75 per cent for the months of April and May (retroactive), and June, for their small business tenants. 

Applying for CECRA makes financial sense for property owners, as their success depends on the success of their tenants. 

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