OTTAWA – Small businesses facing May rent without the means to pay it are worried the government’s commercial rent subsidy program won’t help them avoid an eviction.
“It is going to be a problem for some. We know that some landlords are already saying they’re not going to participate, which leaves tenants powerless.” Treasury Board president Jean-Yves Duclos said the rules around the program were the product of negotiations with provincial governments and this is what all sides could agree to.
“That ongoing work will require the collaboration of the banking sector, because it has been identified as key in supporting owners and renters.”
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