---
title: "Canada Emergency Commercial Rent Assistance (CECRA): An Update"
description: More details on the Canada Emergency Commercial Rent Assistance (CECRA) were announced today, updating you on the latest developments.
---

[The Blog](https://al.avenuelivingam.com/the-blog)

# [Canada Emergency Commercial Rent Assistance (CECRA): An Update](https://al.avenuelivingam.com/the-blog/canada-emergency-commercial-rent-assistance-cecra-update)

 Written by [Mark Zalucky](https://al.avenuelivingam.com/the-blog/author/mark-zalucky) | Apr 24, 2020 4:00:00 AM

Today we learnt some additional details about the Government’s plan to further support Canadians, specifically small businesses. More details on the [Canada Emergency Commercial Rent Assistance (CECRA)](https://pm.gc.ca/en/news/news-releases/2020/04/24/prime-minister-announces-partnerships-provinces-and-territories)were announced today and we wanted to make you aware of.

“We’ve reached agreements with all provinces and territories to lower rent by 75% for small businesses that have been affected by COVID-19 for April, May, and June. The Government will cover 50% of that reduction, with the property owner covering the rest,” Prime Minister Trudeau says.

Some confirmed details:

- This is available to tenants whose rental expenses fall under $50,000 CAN per month
- This is for tenants who have temporarily ceased operations or have experienced at least a 70 per cent drop in pre-COVID-19 revenues (\*Please note: *How* this is measured is unknown)
- The program is available to non-profits and charitable organizations as well

Full details have not been provided and are not expected to be released until mid-May.

We are hopeful that this plan will benefit all those affected within the commercial real estate supply chain. Until we find out more, we believe it is reasonable that tenants who *can* pay rent, continue to do so, until any Government assistance is applied retroactively.

We encourage everyone to stay connected to the Governments page (Canada’s COVID-19 Economic Response Plan) related to all the supports available, as it is constantly updating.

A reminder that we are in this together – and that together, we will get through this.

[View full post](https://al.avenuelivingam.com/the-blog/canada-emergency-commercial-rent-assistance-cecra-update)

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