We are in contact with all levels of government and will continue to work with them to identify additional initiatives to further support our tenants. We also encourage tenants to monitor federal and municipal governments for programs that may provide you with assistance. Find below, a summary of supportive measures as suggestions for those tenants who may be faced with financial hardship related to business shut-downs or illness due to COVID-19.
- Reach out to your insurance company to see if your policy provides you with any financial assistance such as business interruption
- Reach out to your lenders for financial guidance. Announcements of support from Canada’s five largest financial institutions are provided here:
- Read about Canada’s Full COVID-19 Economic Response Plan including a Business Credit Availability Program (BCAP), wage subsidies through Canada Revenue Agency and the extension of tax filing deadlines.