CECRA

Commercial leasing specialists flag some potentially cumbersome details in commercial rent relief program

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.
Rent relief program targeted to mortgage commercial properties

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.