COVID-19 update: Trudeau announces commercial rent assistance program

Prime Minister Justin Trudeau unveiled the Canada Emergency Commercial Rent Assistance program, designed to reduce rent by 75 per cent for small businesses affected by the COVID-19 pandemic. Federal and provincial governments will cover 50 per cent, while landlords absorb 25 per cent.

#COVID19 #coronavirus #Canada

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[calkick]

Don't you dare shut down Parliament and take a vacation while you have all this going on. Until all civil liberty is restored we expect politicians to be working to fix it. And we mean every single one.

[NorbertNipken]

Another day, another 10Billion dollars.

[bobs]

Once this is over, we all will be paying for all the money the government is spending.

[A_Lesser_Man]

so. big corporations, and financial institutions and advisors all tell us to keep about 3 months income banked, for emergencies. 3 months. For regular folk. Big corporations and financial institutions are all asking for loans to get them through these last three months. :/ Hmm.

[Givemeafinname]

So what happened to "Pull yourself up by the bootstraps" speech we all heard for years by Chamber of Commerce and business people? How come they don't have a 3 moths savings like they profess to their poorly paid poorly treated employees?

[kodac]

Parliament would work a lot better if the liberals actually answered a question. This PM and government make me absolutely ill.

[johnthompson]

He says: "In the coming months we will keep introducing new bills ...". So he will keep printing money out of thin air for months ??? Every day ??? STAGFLATION may be what we are headed for. STAG meaning constant of lower income (caused by the shaken economy), FLATION meaning inflation so higher prices for everything we will buy (caused by money printing). A nightmare scenario.

[RonKennedy]

He's reaching for the 3rd generation from now paying for this... remember, he's not being kind, he is spending money we don't have and will owe.

[stayjit]

Hey Cottage Boy, this is getting not only ridiculous but a little scary. How about stepping down and letting people get back to work.

[drewweber]

Trudeau's accomplishments:

Legalizing weed
Kickstarting the separation movement in Western Canada
Re-energizing the separation movement in the most spoiled province in Canada
Losing the election, but somehow winning it
Talking in endless circles

[beezee]

What could he possibly know about commercial activities if he missed the whole thing, sitting at home.

[AidanMayesMusic]

I can’t even believe the hate in these comments? I stand beside our Prime Minister and am beyond proud to be Canadian and have such a competent and compassionate leader guiding us through this time. Thank you!!!! And thank you CBC news for keeping us in the know. Excellent coverage!!! 🇨🇦 👏😍

[pierreleclaire]

When are they going to get back to question period to answer some real questions....enough already!

[jimf]

So if I heard right he's asking landlords to take a 25% discount? He's controlling free enterprise now? Has parliament taken a pay cut?

[staceyros]

why do he and ford always forget the disabled? sorry we are sick but we need more than a measely 100

[arthurbalencia]

People have no money in Canada because of everything is very high in taxes .

[gottmituns]

The day of the rope is coming world leaders! Enjoy your wealth and positions of power while you can... The day of the Lord comes as a theif in the night and you will not escape. That includes the people in the media!

[kimberleymgd]

If you give the money directly to the tenants, they buy sh-t they don't need and their rent doesn't get paid. That's one theory.

[Inflatableorc]

CBC Comments not censored! it really must be the end of the world.

[janice]

Whst about rent assitance for thoseof us with extremely low income, like Medical Welfare, just barely covers our rent, then that leaves us about 200 to cover utilities and ....wait, that's all the money. NOTHING LEFT for FOOD!