Member Update, June 18, 2020, 4:00PM
Ontario Halts Commercial Tenant Evictions
Province Focuses on Safe, Gradual Approach as Reopening Continues
Today, the Ontario government passed the Protecting Small Business Act, temporarily halting or reversing evictions of commercial tenants and protecting them from being locked out or having their assets seized during COVID-19. The legislation applies to businesses that are eligible for federal/provincial rent assistance for evictions from May 1, 2020 until August 31, 2020.
Landlords and tenants are encouraged to participate in the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. The pause on evictions does not apply to those participating in CECRA for small businesses, as the program requires landlords to enter into a rent reduction agreement with their impacted small business tenants and commits them to a moratorium on evictions for three months.
If you have questions about commercial tenancies or applying for CECRA, don’t hesitate to reach out at email@example.com.