Tag Archives: Small Business

B.C. Finance Minister Carole James on Monday (Jun 1) issued emergency order that restricts commercial land lords who are not opting for Canada Emergency Commercial Rent Assistance (CECRA) from evicting small businesses that aren’t able to pay rent. “Emergency order is meant to protect small businesses during COVID-19 pandemic and encourage land lords to apply for CECRA” the B.C. finance ...

Canada Emergency Commercial Rent Assistance (CECRA) for small businesses provides relief for small businesses experiencing financial hardship due to COVID-19. It offers unsecured, forgivable loans to eligible commercial property owners to reduce the rent owed by their impacted small business tenants and to meet operating expenses on commercial properties. With the CECRA, property owners will reduce rent by at least ...