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This paper was authored by Brian Parker and Dylan Armstrong and accompanies a presentation of the same name given by Brian Parker on February 26, 2025, at the Eight-Minute Commercial Le...
In April, Prime Minister Trudeau announced the Canadian Emergency Commercial Rent Assistance (CECRA) program – a joint venture between the federal and provincial governments with the aim of assisting commercial landlords and tenants struggling because of COVID-19. Since the initial announcement, more details of the program have been released by the federal government and the government of Ontario. Many commercial landlords and tenants are still waiting for more information, which has been promised. However, in this News ReLease we will summarize what is known thus far.
Read the full article here: The Canada Emergency Rent Assistance Program
In a prior News ReLease (Are Exclusive Covenants About to Become Extinct?, from November 29, 2023), we discussed the Competition Bureau’s Ret...
The insolvency of the Hudson’s Bay Company (“HBC”), Canada’s oldest corporation and iconic department store, is the most re...
In our February 8, 2024, News ReLease, we reported on The Canada Life Assurance Company et al. v Aphria Inc. (“Aphria”). In that case, the tenant wanted out of its lease and purported to “repudiate”, in an attempt to force the landlord to take the (office) space to market. The landlord took the position that it had no obligation to accept the tenant’s repudiation or look for a replacement tenant, and that the tenant was required to pay rent over the balance of the term.
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