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By Brian Parker, Partner at Daoust Vukovich[1] This paper accompanies a workshop of the same name, held on Thursday, May 1, 2025, at the ICSC+ Canadian Law Conference in Toronto, Ontario. Clic...
Early last week, our News ReLease outlined the Canada Emergency Commercial Rent Assistance (CECRA) Program, which is a federal rent assistance program, to be administered by the Canada Mortgage and Housing Corporation (CMHC). Soon (later in May), many landlords and small business tenants across Canada will be able to avail themselves of this program.
Late last week, CMHC updated some of the details of CECRA. In this News ReLease we report on the new changes to the CECRA program and take a look at questions that remain unanswered.
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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