The Canada Revenue Agency has commercial tenants and landlords sighing in relief for a change after it announced a rent subsidy program to help them trudge through the fallout from the COVID-19 pandemic.

The CRA will begin processing claims for the Canada Emergency Rent Subsidy (CERS), which covers businesses, non-profits and charities for up to 65% of their eligible expenses, on November 30, according to a news release from the government agency. Claims are retroactive to Sept. 27 and will be paid out by Dec. 4.

Organizations that were either shut down or had their activities significantly restricted by public health orders will be supported by Lockdown Support, “a top-up subsidy of 25%, meaning that they could receive rent or property expenses support of up to 90%.”

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