â–º Listen Live

HomeNewsSaskatchewan Government introduces commercial eviction protection

Saskatchewan Government introduces commercial eviction protection

The Government of Saskatchewan has introduced temporary eviction protection for businesses affected by COVID-19.

Effective June 5th, there is a province-wide order to restricting commercial evictions. The Emergency Planning Act says landlords cannot evict commercial tenants for being unable to pay rent during the pandemic.

The moratorium on evictions applies to landlords that are eligible to apply for the Canada Emergency Commercial Rent Assistance program but choose not to.

The Federal CECRA, working with the province, provides loans to landlords equal to 50 per cent of the total rent. These loans will be forgiven if the landlord complies with program terms and conditions, including an agreement to not recover forgiven rent amounts when the program is over. To qualify, the property owner must apply, with the tenant being able to prove they’re experiencing financial hardship.

- Advertisement -

The rent relief is for small business tenants whose operations have paused or been curtailed, causing them to lose at least 70 per cent of their revenue as a result of COVID-19. Property owners must offer a minimum of a 75 per cent rent reduction for the months of April, May and June 2020.

The CECRA program began accepting applications on May 27.

- Advertisment -
- Advertisment -
- Advertisement -

Continue Reading