Wednesday, May 20, 2020

Trudeau Announces Rent Relief, Loans to Support Canadian Businesses


Global News:
Speaking outside his Ottawa residence, Canadian Prime Minister Justin Trudeau said Wednesday that businesses facing a rent crunch will need to hold on through the COVID-19 pandemic and help with an eventual economic recovery, instead of closing up and slowing the rebound. 

He said the government "really hopes" commercial landlords will apply for a federal program launching next week that would give companies a break on the rent, warning that they may find themselves out of cash in the future if they evict tenants now.

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