Canadian businesses that have experienced a drop in revenue due to the COVID-19 pandemic may be eligible for a new subsidy from the Government of Canada covering up to 65% of their commercial rent or property expenses.
This subsidy will provide payments directly to qualifying tenants and will apply to the following time periods:
Claim Period 1: September 27 to October 24, 2020
Application Portal Now Open
Claim period 2: October 25 to November 21, 2020
Applications begin November 30, 2020
Claim period 3: November 22 to December 19, 2020
Apply begin December 23, 2020
In addition to the base subsidy, tenants may also qualify for an additional lockdown subsidy of up to 25% if the business location is significantly affected by orders of government authorities for a week or more.
Please visit the link below for the full program details:
Completing the CERS Tenant Portal
GWL Realty Advisors is committed to assisting its eligible tenants to apply for CERS.
The CERS application process can be found at:
For each application, you will need to include the:
- property address for the leased premises
- landlord’s name and contact information
- amounts payable for eligible rental expenses
All of this information can be found on your 2020 rental payment schedule; however, if you cannot locate your rent schedule or have other questions related to CERS, please contact your property manager to ensure a successful application.
Once you have successfully completed the application, funds are to be delivered directly to you within 6-10 days.
At GWLRA, we recognize the stress and impact COVID-19 is having on your business and we are here to support you and these valuable programs going forward. Please revisit this page periodically as the CERS program continues to evolve.