The Government of Canada is taking targeted action to support Canadians and Canadian businesses, non-profits and charities that continue to face uncertainty and economic challenges because of the COVID-19 pandemic.
The new rent subsidy supports businesses, charities and non-profits that have suffered a revenue drop by providing support up to a maximum of 65% of eligible expenses. Qualifying organizations that are under a lockdown or have significantly limited activities under a public health order will have access to Lockdown Support, a top-up subsidy of 25%, meaning they could receive rent or property expenses support of up to 90%.
Applicants can claim the subsidy retroactively for the period that began on September 27 and ended on October 24, 2020.
Canada Revenue Agency (CRA) will host a series of interactive question and answer sessions for eligible organizations. If you are interested in participating, click here to register. Space is limited.
In addition, the CRA has launched CERS webpages, an online CERS calculator and CERS infographics: take a look at the new Canada Emergency Rent Subsidy, The Canada Emergency Rent Subsidy has got you covered and We’re here to help to assist organizations in preparing their applications.