commercial rental-assistance program will now cost $931 million after it was extended through to August. Feds extend coronavirus rent relief program for businesses The updated spending projections from the parliamentary budget office still put the program on a track to provide less help than the nearly $3 billion the Liberals budgeted.The 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.The Canadian Federation of Independent Business is warning that too many small businesses still haven’t been able to access the help because it relies on landlords to apply and sets a very high bar for revenue losses to.
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