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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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Greater Victoria Chamber of Commerce
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  • Membership
    • Why Join?
    • Job Board
    • Member to Member Offers
    • Benefits, Discounts & Savings >
      • Chamber Store
    • Questions & Answers
    • Join Now
    • Member Login
  • Member Directory
    • All Categories
  • Events
    • Signature Events >
      • YYJ Eats
      • Annual Gala Auction
      • Business Awards >
        • Nominations for 2021 Business Awards
        • 2020 Business Awards Winners and Finalists
      • Business Leaders Series
    • Event Calendar >
      • Chamber Events
      • Community Events
    • Event Photos
    • Sponsorship
  • COVID-19
    • COVID-19 Initiatives
    • COVID-19 Links
  • News & Advocacy
    • Weekly BizNews >
      • BizNews-articles
    • Advocacy / Wins for Business >
      • Advocacy Wins 2020
      • EHT advocacy
      • Business Property Taxes
      • 2020 Advocacy Priorities
    • Chamber Chats
    • In the News >
      • Published Op-Eds
      • Media Releases
  • Prodigy Group
    • Mentorship Program
    • Prodigy Group Committee
    • Prodigy Events
    • Contact the Prodigy Group
  • About Us
    • Staff Directory
    • Board & Governance >
      • Governors
      • By-Laws, Plans & Reports
    • Committees
    • Chamber History
    • Partners & Sponsors
    • About Victoria >
      • Starting a Business
      • Moving Here
      • Visiting Victoria, BC
    • Contact Us