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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...
The federal government announced (on October 9, 2020) a new rent relief program for businesses that continue to be affected by the COVID-19 pandemic. The long-awaited program is called the Canada Emergency Rent Subsidy (CERS). The announcement came slightly more than a week after the Canada Emergency Commercial Rent Assistance (CECRA) relief period ended (on September 30, 2020).
This announcement was a great relief to commercial tenants (and their landlords) who had been anxious about the end of CECRA without further or other assistance to pandemic-impacted commercial tenants.
This News ReLease will outline what is known about the CERS so far. A word of caution: Not much is known yet.
Read the full article here: The Canada Emergency Rent Subsidy
On March 7, 2025, Hudson’s Bay Company (“HBC”), Canada’s oldest corporation and storied department store, commenced credito...
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...
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