Help for commercial tenants

Question: What is Potentially Concerning About This Typical Lease Clause Wording?

“Operating Costs” means the aggregate of all direct and indirect costs, established in accordance with this Lease, incurred or charged by or on behalf of the Landlord on account of the ownership, administration, operation, management, supervision, maintenance, repair of and replacements to the Property including, without duplication or limitation……. It all seems innocuous to a …

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New Support For Commercial Tenants: Canada Emergency Rent Subsidy Replaces CECRA Program

The following article comes courtesy of Stikeman, a law firm in Canada On October 9, 2020, the Government of Canada announced a new rent support program, the Canada Emergency Rent Subsidy (“CERS”) that will fill the gap left by the expiry of the Canada Emergency Commercial Rent Assistance (“CECRA”) program on September 30, 2020. While …

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