We are pleased to announce that GWL Realty Advisors will be assisting its eligible Landlord clients with participating in the Canada Emergency Commercial Rent Assistance (CECRA) program.
We will be contacting all tenants whose regular gross monthly rent, according to our records, is less than $50,000 inclusive of storage, signage, licensee agreements. Each qualifying tenant will receive a CECRA Tenant Package with detailed instructions on completing the CECRA application process.
Completing the CECRA Tenant Package
We are committed to helping all qualifying small business tenants access this important government aid as simply and quickly as possible. That said, we only have one opportunity to submit a CECRA application on behalf of ALL qualifying tenants. Once you receive your package it is important that you complete and submit all the information required by the deadline indicated.
If you believe you qualify for the program but haven’t received your CECRA package, please contact your property manager immediately.
There is an opportunity for sub-tenants to participate in CECRA. To be eligible, the sub-landlord and the sub-tenant must agree to the CECRA Sublease Application process.
If the sub-landlord believes they qualify to participate in CECRA but have not received a package from GWLRA, they should contact the property management team immediately. The sub-landlord is required to complete and submit all information to the property manager by July 31, 2020.
Visit the CMHC website to learn more about the CECRA sub-tenant eligibility and sublease application process.