Surrey Business News

Surrey Board of Trade Wants Changes to Commercial Rent Relief Program

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The Canada Emergency Commercial Rent Assistance (CECRA) program was explained as follows: the government will pay 50% of your rent, the landlord will cover 25%, and the tenant will only have to pay 25%.

Unfortunat­ely, this has been an over-simplifica­tion of the program. “What businesses are discoverin­g is that there are more requiremen­ts, expectatio­ns and costs,” said Anita Huberman, CEO, Surrey Board of Trade.

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