Video
Let's talk antitrust: Discussing recent cases and emerging competition issues
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Canada | Publication | May 22, 2020 - 11 AM ET
To qualify for CECRA for small businesses, the property owner must:
Although the applicant for CECRA is the property owner, the program applies to sublease arrangements – in such scenario, the program requirements will apply at each lease/sublease level.
CECRA for small businesses applies to commercial properties with small business tenants, including those properties with a residential component and multi-unit residential mixed-use properties, whether such commercial properties are mortgaged or subject to other forms of debt or not. CECRA is available to property owners who do not hold a mortgage. The program for small businesses does not apply to any federal, provincial, or municipal-owned properties, with some exceptions.
Impacted small business tenants are businesses (including non-profit and charitable organizations) that opened before March 1, 2020, that:
CECRA for small business tenants extends to subtenants and sub-tenancy arrangements that are governed by a valid and enforceable sublease agreement, provided such sub-tenancy arrangements meet the program criteria.
CHMC has provided guidance on the website regarding what is included in and excluded from gross rent.
The online application portal will open at 8:00 a.m. EST on May 25, 2020. The application process will include fillable fields and uploading documents. Templates of key documents are posted on the CMHC website.
Once the online application portal opens, eligible property owners are being asked to register online on the following days to help CMHC manage the anticipated volume of applicants. Once the property owner has registered, it will be able to enter data and upload documents online through the portal (available 24/7).
Day | Who should register? |
1 | Property owners who are located in Atlantic Canada, BC, Alberta and Quebec, with up to 10 tenants who are eligible for the program |
2 | Property owners who are located in Manitoba, Saskatchewan, Ontario and the territories, with up to 10 tenants who are eligible for the program |
3 | All other property owners in Manitoba, Saskatchewan, Ontario and the territories |
4 | All other property owners in Atlantic Canada, BC, Alberta and Quebec |
5 | All |
CMHC has engaged MCAP and First Canadian Title (FCT) to deliver CECRA, and MCAP or FCT may contact an applicant for validation and funding purposes.
As part of the application, the property owner must provide certain agreements, attestation forms and general information, including but not limited to the following:
There are additional types of support available for businesses, including access to credit programs and deferred payment programs.
For information about other government relief programs, refer to our guide.
Video
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Publication
After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
Publication
On 18 September 2023, the CMA published its Initial Report (Initial Report) on AI Foundation Models (FM), supplemented in April 2024 with the publication of its “Update Paper” focused on potential antitrust risks associated with FMs and a “Technical Update Report” providing more detail on the development on FMs (collectively the “Reports”). Below, we consider these CMA publications.
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