What's new for the $40,000 loan, commercial rental assistance and the temporary 10% subsidy

Published May 20, 2020

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Dear Madam,

Dear Sir

This bulletin discusses the federal government's May 19, 2020 announcement to expand the eligibility criteria for the Canadian Business Emergency Account (CBEA), as well as clarifications regarding Canada's Emergency Commercial Rent Assistance (CECRA). Finally, the regulation on the temporary 10% wage subsidy was published on May 15, 2020. Below you will find an important clarification regarding the interaction of this measure with the 75% emergency wage subsidy.

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