Income and financial help in Division No. 18, Unorganized, Saskatchewan
Canada Emergency Commercial Rent Assistance (CECRA) - COVID 19
Offered by Service Canada Centre - Medicine Hat
Canada
In short
We reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses.
- Hours
- 8:30am - 4:30pm
- Who it is for
- Small Business
- Where
- Canada
- How to reach
- (800) 206-7218 · Website
- Last verified
- , by HelpSeeker
Contact the organization to confirm Call
About this service
We reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. This program will lower rent by 75 per cent for small businesses that have been affected by COVID-19.
The loans will be forgiven if the mortgaged property owner agrees to reduce the small business tenants rent by at least 75% under a rent forgiveness agreement, which will include a term not to evict the tenant while the agreement is in place. The small business tenant would cover the remainder, up to 25% of the rent.
Impacted small business tenants are businesses paying less than $50,000 per month in rent and who have temporarily ceased operations or have experienced at least a 70% drop in pre-COVID revenues. This support will also be available to non-profit and charitable organizations.
It is expected that CECRA will be operational by mid-May, and further details will be announced soon.
Who can use it?
Small Business
When is it open?
Canada Emergency Commercial Rent Assistance (CECRA) - COVID 19 is open 8:30am - 4:30pm.
How do I get in touch?
Call (800) 206-7218, or use the website.
Listed in Division No. 18, Unorganized, Saskatchewan.
Canada
CanadaDivision No. 18, Unorganized, Saskatchewan
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