The Canada Emergency Rent Subsidy (CERS) Program is available to cover commercial rent and other occupancy costs, from September 27 onward.
It replaces the Canada Emergency Commercial Rent Assistance (CECRA) Program, which required that the landlord apply for relief.
In contrast, the CERS support can be accessed directly by the commercial tenant via CRA. In cases where the applicant owns their commercial property, support is extended to mortgage interest, property taxes, and property insurance. This program does not apply to home-based businesses.
Like the CEWS (wage subsidy) program, monthly qualification is tied to monthly revenue drops.
If you would like assistance in filing these claims, please reach out.