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Federal commercial rent support extended to Aug. 31

The federal program has been extended to August 31.  The design of CERCA was undertaken by the federal government and Nova Scotia has been providing feedback that it receives on the program to the CMHC.

Nova Scotia has contributed $9.1-million as our share of the provincial cost-sharing portion of CERCA.  As of July 26, 417 Nova Scotian landlords have applied for CERCA, with $5.3-million in assistance requested (NS cost-share portion is $1.33-million).  This represents 756 impacted tenants.

There is a Ministerial Order restricting commercial evictions under the State of Emergency which has been extended to September 6.  A failure to comply with this Direction could result in a summary conviction with fines between $500 to $10,000 for individuals and up to $100,000 for a corporation per incident.  https://novascotia.ca/coronavirus/docs/Ministers-renewal-Aug-23-Sept-6.pdf

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Link to: Start-ups to benefit from Innovacorp programs Link to: Start-ups to benefit from Innovacorp programs Start-ups to benefit from Innovacorp programs Link to: CANSnet Preview: Antigonish Affordable Housing Society – 12 Unit Complex Link to: CANSnet Preview: Antigonish Affordable Housing Society – 12 Unit Complex CANSnet Preview: Antigonish Affordable Housing Society – 12 Unit Comp...
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