Saturday, 25 April 2020 15:54
Good Afternoon All, The PM has just completed his daily briefing and there was no new information on the roll-out of the Commercial Rent Relief program. I suspect that we will receive more details and information next week. In the meantime, I've attached once again the release from the Province yesterday with an overview of how this program will work for businesses and landlords in Ontario. My suggestion is that you make sure that you're familiar with the information that…
Friday, 24 April 2020 15:37
Hi All, I've received a number of emails from you in the past hour asking questions about the plan. I don't have answers to all of the questions just yet. A number of you have emailed asking how it would work if your landlord doesn't have a mortgage. Here is the information that MP Dabrusin's office has sent: The details clearly aren't all there yet (our understanding was that the agreements in principle just came together yesterday) but there is…
Friday, 24 April 2020 14:37
Hi All - the email below just came in from MP Dabrusin's office and the link provides a more detailed overview as to how this rent relief program will be rolled-out in Ontario. PLEASE CLICK ON THE LINK AND READ THIS INFORMATION. There are some components that I believe will be a challenge for landlords and tenants - specifically each covering 25% of the rent - I've copied the following directly from the information contained in the link: The program…
Friday, 24 April 2020 13:36
Hi All, Our MP Julie Dabrusin has just sent the email below which provides more details on the Rent Relief program announced this morning. I urge you all to please read through this email carefully. Of particular note is the program will aim to be rolled out by mid-May and will be retroactive for April and May and will cover June; and the program contains a moratorium on commercial evictions. Again please take the time to read through the information…
Friday, 24 April 2020 12:35
Good Afternoon All, So we have had some very promising news from the PM this morning regarding rent relief for Small Businesses and Landlords. Here are the details as they were given by the PM; but, please note that specifics are not yet included. As soon as I have those specifics I will share with all of you. Canadian Emergency Commercial Rent Relief Program: - The Federal gov't and ALL provinces have come to this agreement - Commercial rents will…
Thursday, 23 April 2020 12:56
Good Afternoon All, I want to start by thanking Councillor Paula Fletcher and MPP Peter Tabuns for all of their work and assistance in getting our Toronto business/landlord survey results out to the media and their government colleagues this week. I want to thank all of our BIA members for emailing the survey results out to our government representatives. As a BIA we can push these messages but additional help is so needed in order to move those messages to…

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