She — like thousands of other small business owners across Canada — is at the mercy of her landlord to apply for the federal government's rent relief program. In early May, Prime Minister Justin Trudeau announced the Canada Emergency Commercial Rent Assistance program, which offers unsecured, forgivable loans to commercial property owners. Property owners must offer a minimum of a 75 per cent rent reduction for the months of April, May and June. It requires property owners to cut the rent by 25 per cent for those three months and for tenants to pay 25 per cent of the rent for the period. Property owners can then apply for a loan to cover the remaining 50 per cent.

Source: CBC News June 12, 2020 08:26 UTC