Significant rent relief for business is coming!
In partnership with the provinces and territories, the federal government has recommended rent be lowered by 75% for small businesses impacted by COVID-19.
The program has been developed to share the cost between government, small business tenants and landlords.
Small business tenants and landlords would each be asked to pay 25% of the before profit costs and the provincial and federal government would cost share the remaining 50%.
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