{"id":4925,"date":"2020-04-24T11:55:37","date_gmt":"2020-04-24T15:55:37","guid":{"rendered":"https:\/\/oshawachamber.com\/?p=4925"},"modified":"2023-12-15T19:21:49","modified_gmt":"2023-12-16T00:21:49","slug":"prime-minister-announces-partnerships-with-provinces-and-territories-to-deliver-the-canada-emergency-commercial-rent-assistance-for-small-businesses","status":"publish","type":"post","link":"https:\/\/oshawachamber.com\/uncategorized\/prime-minister-announces-partnerships-with-provinces-and-territories-to-deliver-the-canada-emergency-commercial-rent-assistance-for-small-businesses\/","title":{"rendered":"Prime Minister announces partnerships with provinces and territories to deliver the Canada Emergency Commercial Rent Assistance for small businesses"},"content":{"rendered":"
Small businesses across the country are the backbone of our communities, and they are now facing significant challenges. That is why the Government of Canada and provincial and territorial partners are taking strong, immediate, and effective action to protect Canadians and businesses from the impacts of the COVID-19 pandemic. We are introducing significant measures to support them and ensure they have the resources to make it through these difficult times.<\/p>\n
The Prime Minister, Justin Trudeau, today announced that the federal government has reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. This program will lower rent by 75 per cent for small businesses that have been affected by COVID-19.<\/p>\n
The government is also providing further details on the program:<\/p>\n
Today\u2019s announcement is part of the Government of Canada\u2019s COVID-19 Economic Response Plan, which is addressing the challenges facing Canadians and their employers during this time of global uncertainty. The government continues to assess and respond to the impacts of COVID-19, and stands ready to take additional actions as needed to stabilize the economy and mitigate the impacts of the pandemic.<\/p>\n
\u201cMore help is on the way for our small businesses across the country. They are the backbone of our families, our communities, and our economy. That is why we will continue working closely with provinces and territories to make sure that Canadian businesses have the support they need during these difficult times.\u201d<\/p>\n