CECRA
Canadian Property Management
Vague or cumbersome details flagged in OCECRA
Commercial leasing specialists suggest landlords may prefer to stick with rent deferral agreements they have already negotiated.
Canadian Property Management
CECRA tied to mortgaged commercial properties
Commercial landlords must agree to reduce rents by 75 per cent and halt evictions for April, May and June. In turn, CMHC will channel the forgivable joint federal-provincial loan directly to their lenders.