Canada Emergency Commercial Rent Assistance (CECRA)
Details:
- only if paying < $50k/mth in rent
- must have had at least a 70% drop in pre COVID-19 revenues;
- rent payment share: tenants 25%, property owner 25%, fed & prov govnt 50%
- available till end of June 2020
So small business gets partial coverage, conditions & limitations while huge corporations get unrestricted gifts - even if they don't pay taxes in Canada #PeopleWithPitchforks
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