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Coronavirus outbreak: Trudeau announces rent relief for small businesses during pandemic

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globalnews.ca

Prime Minister Justin Trudeau announced on Friday they had reached agreements with all provinces and territories to lower rent by 75 per cent for small businesses impacted by the COVID-19 pandemic for April, May and June.

He said the government would cover 50 per cent of reduction with the property owner covering the rest. Trudeau added a business owner paying less than $50,000 a month will be eligible for the assistance.

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