COVID-19: emergency assistance for commercial rent extended by one month

COVID-19: l’aide d’urgence pour les loyers commerciaux prolongée d'un mois

Ottawa will extend a month Assistance program and emergency of Canada for the rent of trade.

This program (AUCLC) assistance to small and medium-sized enterprises was to end in June. But the federal government is working with provinces and territories to an extension which would provide support for the month of July.

“We are working on it this week,” said prime minister Trudeau.

The AUCLC offers forgivable loans to owners of commercial buildings, to reduce 75% of the rent of the small businesses affected by the COVID-19. Managed by the canadian mortgage and housing corporation, this financial support comes from the provincial and federal governments and covers 50% of three monthly rents.

Trudeau defends the PCU

Ottawa defends the maintenance of the Provision of canadian emergency (PCU) that criticizes the quebec minister of Labour, Jean Boulet.

In interview to the Newspaper, the minister Boulet stated that the payment of$ 2000 per month until August, has become a brake to economic recovery, because workers would prefer to delay their return to work to qualify for federal assistance.

“Yes, the economic recovery is important, we have seen a lot of companies that give the wage subsidy, but we are still in a situation where too many Canadians are still in need of PKU,” replied the prime minister Trudeau at a press conference this morning.

“Because the economy is down, there is no employment for them. Therefore, it will be necessary that we continue to give them the help necessary to be able to do the grocery shopping. That is the priority,” he said.

Share Button