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.
Early June is a popular time for environmental awareness and action days. Canadian Environment Week was established many years ago to celebrate Canada’s accomplishments and encourage Canadians to protect our environment. Coinciding with several action and awareness days, the goal is to inspire Canadians to encounter, conserve and celebrate our environment in meaningful ways. Continue reading
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