Good Afternoon All, Here we are again - I believe this is the start of week 7 of the shut down. Here are the updates from the PM's briefing this morning: 75% Wage Subsidy - This portal opened this morning so employers can apply to get the subsidy for their workers. - This program will pay up to $847.00 per employee per week ($3,388 per month) - To be eligible to apply the employer needs to show a minimum revenue…

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…

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…

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…

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…

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…