Grant Thornton uses cookies to monitor the performance of this website and improve user experience

To find out more about cookies, what they are and how we use them, please see our privacy notice, which also provides information on how to delete cookies from your hard drive.

Our advisors are available to help you. Please contact your local office for their reopening status. Click here for your local office.

COVID-19

Canada Emergency Commercial Rent Assistance (CECRA)

17 Jun 2020

As part of the federal government’s economic response plan to COVID-19, the Canada Emergency Commercial Rent Assistance (CECRA) is intended to provide rent relief for small businesses. The program offers forgivable loans to eligible commercial property owners for the months of April, May and June.

Overview

The CECRA program is intended to reduce rent by 75% for small businesses who have been severely impacted by the economic downturn caused by COVID-19. The federal government is working with the provinces and territories to both jointly fund and implement the program which will be administered through the Canada Mortgage and Housing Corporation (CMHC), with the application available on their website.

Download the PDF [ 415 kb ]

rich text with download pdf
Download PDF [415 kb]
Also appears under...

© 2021 Grant Thornton LLP -  A Canadian member of Grant Thornton International Ltd - All rights reserved. "Grant Thornton” refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton International Ltd (GTIL) and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions.