commercial rent-relief program one last time.The Liberals say the program that aims to help small businesses with their rent or lease costs will be extended for this month, unveiling the details one week after rent was due.
Commercial rent program projected to fall short of budget, report shows In a release, the government says the one-month lifeline is a “final extension” for the program and that officials are looking at other options to help small businesses.The rent-relief program provides forgivable loans that cover half of rent for eligible small businesses, and also requires landlords to waive a further one-quarter of what they’d otherwise be owed.Property owners have to apply for the help, but take-up has lagged expectations and.
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