No Eviction for Eligible Commercial Tenants Unless Landlords Apply for CECRA
June 01, 2020
When the Canadian Emergency Commercial Rent Assistance (“CECRA”) Program was first revealed, two issues were highlighted by the public concerning eligibility:
The requirement that the relevant commercial property had been used to secure a mortgage loan; and that commercial tenants were at the whim of their respective landlords to apply for the Program.
The former concern has recently been addressed by the Federal Government by eliminating the requirement for a mortgage to be registered and, as of today, it appears the latter issue has also been remedied.
This morning, the Provincial Finance Minister, Carole James, announced a new emergency order…