On Friday, October 9th, the government announced a new rental subsidy program called the Canada Emergency Rent Subsidy (“CERS”) that will replace the previous program – Canada Emergency Commercial Rent Assistance (“CECRA”) which expired at the end of September.
The new rent subsidy program announced will provide tenants with a rent subsidy up to 65%, as well as an additional 25% in the event of a retail closure by government mandate.
Please visit canada.ca to learn more.
We encourage all tenants to apply, should they qualify, once the full details are released. We are monitoring developments closely and will update you with any new information.
During the days and weeks to come, we will all begin to navigate a post-COVID-19 world.
Over the last several weeks, The Kipling Group has been focused on preparing assets for the return of building occupants. Focal points include facility elements that tenants, and their employees may be concerned with as they return to offices and establish modified work environments. Continue reading
We know all of you here at 720 Access care about the environment and one huge way you can help is by getting waste into the right stream so less goes into landfill. It can be hard to know/remember what goes where because private pick-up companies and municipal rules can be different. Continue reading