Funding Supports for Business & Individuals
Canada Emergency Commercial Rent Assistance for Small Businesses
- Created: Saturday, 13 June 2020 12:35
Nova Scotia is participating in the Canada Emergency Commercial Rent Assistance for Small Businesses program. The program, in partnership with the federal government, will provide rent relief for commercial small businesses that have temporarily ceased operations or lost at least 70% of revenue because of the COVID-19 pandemic. Landlords who register for the program can get a forgivable loan to cover half of the rent in April, May and June if they lower the rent by 75% over that period.
You can apply for the program on the Canada Mortgage and Housing Corporation’s website.