Canada Emergency Rent Subsidy (CERS)
The federal government announced the commercial rent subsidy some of you have been asking about. This is welcome news and contains detailed qualify criteria. The application was opened on November 23, 2020. Please follow this link for details on how to apply https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-rent-subsidy.html
Please note that a My Business Account with CRA is required for this application. If you haven’t already set up a My Business Account, it is highly recommended as more relief programs rely on this service. If you bank with one of the Sign-In Partners, your online banking credentials can be used to login to your My Business Account. For more information about My Business Account, please visit https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/business-account.html
All the best to you and stay safe!
The Team,
Colin, Tyler, Humberto, and Sharon