On April 24, the federal government, in agreement with all provinces and territories, introduced the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses.
In this edition we take a look at COVID-19 in the context of business leases, serviced offices, residential tenancies and construction sites.
COVID-19 has increased the immediate risk of corporate class actions in multiple areas, yet it can also drive lasting class actions law reform in Australia.
Remember, first and foremost, to consult the commercial lease to identify the clause that governs this situation, especially since a commercial lease does not terminate simply because a tenant goes bankrupt.
The purchase and sale of commercial real property in Alberta and the vendor and purchaser obligations will be governed by the provisions of the signed purchase and sale agreement. It is important to r...
The Government of Canada and all provincial and territorial governments have taken action to protect Canadians and businesses from the impacts of the COVID-19 pandemic, which has led to the introduction of the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses.
In this edition we take a look at the Coronavirus Act 2020 in the context of business leases and planning decisions; a warning to developers on rights of light; and new regulations in the residential private rented sector.
COVID-19’s impact on the economy is causing significant strain on the lease of commercial premises in Alberta, as landlords and tenants attempt to manage ongoing liabilities – including rental payments and the consequences of non-performance – within the confines of the commercial lease agreement and provincial laws.
Just before the Easter Break on 7 April, the National Cabinet agreed for the Mandatory Commercial Tenancy Code (the Code) to be legislated in each state and territory jurisdiction.
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