Canada Emergency Commercial Rent Assistance for Small Businesses

After much deliberation the Government of Canada in partnership with the Provinces and Territories are taking action to provide relief to small business owners. The CECRA will lower rent by 75% for small businesses that have been affected by COVID-19. Landlords are required to reduce the rent payable by the tenant to 25% of the …

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Enforcing Business Contracts During COVID-19 Shut Downs

By Anna Okorokov The current shut-down of all but non-essential services means that all businesses are being affected in an extraordinary manner. The importance of securing resilience in business operations has now become paramount. Most business contracts contain a force majeure clause which comes into operation when circumstances beyond a party‚Äôs control make it impossible …

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