This might be the first time you have heard about canada emergency rent subsidy but it won’t be the last. CERS is subjected to be a new program. The main call of this program is to offer much needed relief to those businesses, which are currently getting affected by COVID 19. It works in the major forms of mortgage support and rent values and this program is out here till June 2021. The main aim of this course is to replace the CECRA or the Canada Emergency Commercial Rent Assistance for all the smaller businesses out there.
One main benefit to handle:
Even though this program comes across multiple benefits to address, but there is one interesting benefit, which you cannot get out of your mind. The main difference is that with the CERS, businesses get the chance to apply for the sources directly as opposed to the landlords applying right on their behalf of the businesses, which is the case with the CECRA. It is mandatory to know more about the points before getting involved with the next stages in here. experts are more than ready to share their thoughts with you regarding this change of plan and law, working in favor of smaller business owners.
Who can apply for the rent subsidy:
Only the qualified businesses have the chance to apply for this rent subsidy, whenever it is going to be made available. This program is still in process and might take some time out of your busy schedule. These qualified businesses are asked to log online and sign up to get notified whenever the program is made available. For that, they need to fill up a simple form with basic information like email address, first and last name, business name, business type and website and click on subscribe button.