More than 51 per cent of respondents to a CFIB survey said they would not be able to pay their June rent without more help
CALGARY — Small- and mid-sized businesses across the country are worried about making their next commercial rent payment and are reaching out to provincial governments to protect them from evictions.
Other provinces such as New Brunswick have implemented eviction protections for commercial tenants through the coronavirus pandemic, though some of those protections are set to expire, while Ontario never established an eviction moratorium for businesses. According to CFIB’s surveys, average commercial rent in Ontario is $9,950 per month and that’s “a huge chunk of change” for a hair salon that hasn’t had any customers since March.
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