Have your monthly sales in April, May and June 2020 projections dropped at least 70% compared to the same months last year?
If your business made less than $20 million in revenue last year and your monthly rent does not exceed $50,000, you may qualify for Canada Emergency Commercial Rent Assistance (CECRA).
BUT! Your Landlord Must Apply, not you.
If you meet the above criteria, do yourself a favour. Forward this article to your landlord and have him or her contact me to discuss how they can take benefit from the program and cut 75% off your monthly rent for April, May and June 2020.
Please stay at home if you can. We will get through this together. Our team is fully available.