Close X
Tuesday, December 3, 2024
ADVT 
National

B.C. offers small business eviction protection, urges landlord participation

Darpan News Desk The Canadian Press, 01 Jun, 2020 08:47 PM
  • B.C. offers small business eviction protection, urges landlord participation

Small businesses in British Columbia will be protected from eviction for at least the next month by an emergency government order that aims to encourage landlords to apply for a federal rent relief program.

Finance Minister Carole James says a new order under the province's Emergency Program Act protects small businesses from eviction who cannot pay their rent due to the impacts of COVID-19 pandemic.

James says landlords who choose not to apply for the federal government's recent Canada Emergency Commercial Rent Assistance program will not be able to evict their business tenants for unpaid rent.

The federal program offers reductions of 75 per cent in monthly rent to small businesses by providing forgivable loans to landlords.

James says the federal and B.C. governments will cover 50 per cent of the rent payments, while the tenants are responsible for 25 per cent of the rent and landlords cover the remaining 25 per cent.

She says the B.C. eviction protection program could be extended beyond June.

MORE National ARTICLES

HSBC Bank Canada Drops Prime Lending Rate To 2.95 Per Cent, Matching Others

HSBC Bank Canada Drops Prime Lending Rate To 2.95 Per Cent, Matching Others
 HSBC Bank Canada says it will lower its prime lending rate by 50 basis points effective tomorrow.

HSBC Bank Canada Drops Prime Lending Rate To 2.95 Per Cent, Matching Others

Five Things To Know About Ottawa's COVID-19 Financial Aid Package

OTTAWA - Five things to know about Ottawa's $82-billion financial-aid package announced Wednesday to help weather the COVID-19 pandemic:

Five Things To Know About Ottawa's COVID-19 Financial Aid Package

Students At Several Colleges And Universities Asked To Vacate Dorms Over COVID-19

Students At Several Colleges And Universities Asked To Vacate Dorms Over COVID-19
Students at several post-secondary institutions are being asked or told to move out of their dorms in response to COVID-19.

Students At Several Colleges And Universities Asked To Vacate Dorms Over COVID-19

Canadian Transit Agencies Adjust Services Amid COVID-19 Pandemic

TORONTO - Transit agencies across Canada are adjusting their operations as a result of the COVID-19 pandemic — in some cases by suspending fare collection altogether.    

Canadian Transit Agencies Adjust Services Amid COVID-19 Pandemic

Health Systems Ramping Up To Deal With Potential Influx Of COVID-19 Cases

Health Systems Ramping Up To Deal With Potential Influx Of COVID-19 Cases
OTTAWA - While Canadians stay home in an effort to limit the spread of the novel coronavirus, officials are working behind the scenes to try to increase the health care system's capacity to fight the virus.    

Health Systems Ramping Up To Deal With Potential Influx Of COVID-19 Cases

WestJet Warning Recent Passengers Of Possible Exposure To COVID-19

WestJet Warning Recent Passengers Of Possible Exposure To COVID-19
CALGARY - WestJet Airlines says some of its passengers may have been exposed to people infected with the novel coronavirus on recent flights.    

WestJet Warning Recent Passengers Of Possible Exposure To COVID-19