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Commercial rent relief extended another month

7/1/2020

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On Monday, Prime Minister Justin Trudeau announced a one-month extension to the Canada Emergency Commercial Rent Assistance program. The program, which initially was scheduled to end in June, offers loans to commercial property owners with the intent that they use the money to help tenants struggling to pay rent.
 
To be successful, the program requires cooperation between landlords and their tenants. The Chamber is encouraged by the many property owners who are working with their customers to ensure they make it through this crisis. We will all be in better shape if we can quickly restart businesses and get our economy back up to speed as soon as possible.
 
June 30 also marks the end of the deferral period for GST payments, announced on March 27. If not paid, interest will begin accruing as of July 1.
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  • Membership
    • Why Join?
    • Job Board
    • Member to Member Offers
    • Benefits, Discounts & Savings >
      • Chamber Store
    • Chamber Local
    • Questions & Answers
    • Join Now
    • Member Login
  • Member Directory
    • All Categories
  • Events
    • Signature Events >
      • Annual Auction
      • Business Hall of Fame
      • Business Awards >
        • 2022 Business Awards Winners and Finalists
      • Picnic in the Park
      • Business Leaders Series
    • Picnics & Patios Campaign
    • Event Calendar >
      • Chamber Events
      • Community Events
    • Event Photos 2022
    • Sponsorship
  • News & Advocacy
    • Weekly BizNews >
      • BizNews-articles
    • Advocacy / Wins for Business >
      • Advocacy Wins
      • Business Property Taxes
      • Advocacy Priorities
    • Chamber Chats
    • In the News >
      • Published Op-Eds
      • Media Releases
    • Non-market housing
    • Find and keep workers
    • Business Matters Magazine
    • COVID-19
  • Prodigy Group
    • Mentorship Program
    • Prodigy Group Committee
    • Prodigy Events
    • Contact the Prodigy Group
  • About Us
    • Staff Directory
    • Board & Governance >
      • Board Elections 2023-2024
      • Governors
      • By-Laws, Plans & Reports
      • Committees
    • Chamber History
    • Partners & Sponsors
    • About Victoria >
      • Starting a Business
      • Moving Here
      • Visiting Victoria, BC
    • Contact Us