The government's previous rent relief program was widely criticized because it needed buy-in from landlords, many of whom did not participate.The new Canada Emergency Rent Subsidy is intended to allow commercial tenants to apply directly for rent and mortgage-interest support.
Until Dec. 19, it would cover up to 65 per cent of eligible expenses to businesses, charities and non-profits that have suffered a revenue drop due to the COVID-19 pandemic.
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6 months too late
Wow that was fast *insert Sarcasm here
Unlimited liquitidity for everyone, Central banks across the entire globe printing into oblivion... What could go wrong?
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