{"id":24291,"date":"2020-11-23T14:01:15","date_gmt":"2020-11-23T21:01:15","guid":{"rendered":"https:\/\/hfin.ca\/?p=24291"},"modified":"2020-11-23T15:21:52","modified_gmt":"2020-11-23T22:21:52","slug":"applications-for-the-new-canada-emergency-rent-subsidy-starts-today","status":"publish","type":"post","link":"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/","title":{"rendered":"Applications for the new Canada Emergency Rent Subsidy starts today!"},"content":{"rendered":"<div>\n<style type=\"text\/css\">\n@-webkit-keyframes oryCellResizeableAnimate {\n  0% {\n    background-color: hsla(0,0%,100%,.26);\n    top: 45%;\n    bottom: 45%;\n  }<\/p>\n<p>  50% {\n    background-color: hsla(0,0%,100%,.12);\n    top: 0;\n    bottom: 0;\n  }<\/p>\n<p>  to {\n    background-color: hsla(0,0%,100%,.87);\n    top: 45%;\n    bottom: 45%;\n  }\n}\n@keyframes oryCellResizeableAnimate {\n  0% {\n    background-color: hsla(0,0%,100%,.26);\n    top: 45%;\n    bottom: 45%;\n  }<\/p>\n<p>  50% {\n    background-color: hsla(0,0%,100%,.12);\n    top: 0;\n    bottom: 0;\n  }<\/p>\n<p>  to {\n    background-color: hsla(0,0%,100%,.87);\n    top: 45%;\n    bottom: 45%;\n  }\n}\n<\/style>\n<style type=\"text\/css\"><\/style>\n<div class=\"juiced\">\n<div id=\"postToSend-259\">\n<div class=\"ory-row\" style=\"box-sizing: border-box; display: -webkit-box; display: -ms-flexbox; display: flex; -webkit-box-flex: 0; -ms-flex: 0 1 auto; flex: 0 1 auto; -webkit-box-orient: horizontal; -webkit-box-direction: normal; -ms-flex-direction: row; flex-direction: row; -ms-flex-wrap: wrap; flex-wrap: wrap; margin-right: 0; margin-left: 0; position: relative;\">\n<div class=\"ory-cell ory-cell-sm-12\" style=\"position: relative; box-sizing: border-box; -webkit-box-flex: 0; -ms-flex: 0 0 auto; flex: 0 0 auto; padding-right: .5rem; padding-left: .5rem; -ms-flex-preferred-size: 100%; flex-basis: 100%; width: 100%; min-width: 100%;\">\n<div class=\"ory-row ory-cell-inner\" style=\"box-sizing: border-box; display: -webkit-box; display: -ms-flexbox; display: flex; -webkit-box-flex: 0; -ms-flex: 0 1 auto; flex: 0 1 auto; -webkit-box-orient: horizontal; -webkit-box-direction: normal; -ms-flex-direction: row; flex-direction: row; -ms-flex-wrap: wrap; flex-wrap: wrap; margin-right: 0; margin-left: 0; position: relative;\">\n<div class=\"ory-cell ory-cell-sm-12\" style=\"position: relative; box-sizing: border-box; -webkit-box-flex: 0; -ms-flex: 0 0 auto; flex: 0 0 auto; padding-right: .5rem; padding-left: .5rem; -ms-flex-preferred-size: 100%; flex-basis: 100%; width: 100%; min-width: 100%;\">\n<div class=\"ory-cell-inner ory-cell-leaf\">\n<div class=\"ory-plugins-content-spacer ory-plugins-content-spacer-read-only\" style=\"border-bottom: none; position: relative; border: 1px solid rgba(0, 0, 0, 0.12); border-color: transparent;\">\n<div style=\"height: 20px;\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ory-row ory-cell-inner\" style=\"box-sizing: border-box; display: -webkit-box; display: -ms-flexbox; display: flex; -webkit-box-flex: 0; -ms-flex: 0 1 auto; flex: 0 1 auto; -webkit-box-orient: horizontal; -webkit-box-direction: normal; -ms-flex-direction: row; flex-direction: row; -ms-flex-wrap: wrap; flex-wrap: wrap; margin-right: 0; margin-left: 0; position: relative;\">\n<div class=\"ory-cell ory-cell-sm-12\" style=\"position: relative; box-sizing: border-box; -webkit-box-flex: 0; -ms-flex: 0 0 auto; flex: 0 0 auto; padding-right: .5rem; padding-left: .5rem; -ms-flex-preferred-size: 100%; flex-basis: 100%; width: 100%; min-width: 100%;\">\n<div class=\"ory-cell-inner ory-cell-leaf\">\n<div>\n<p>For businesses, non-profits and charities facing uncertainty and economic challenges due to COVID-19, the Government of Canada is now taking applications for the new Canada Emergency Rent Subsidy (CERS).  The CERS delivers direct and targeted rent support without the need to claim assistance through landlords and provides:<\/p>\n<ul style=\"margin: auto 2em 1.5em; list-style-type: disc;\">\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\">up to <strong>65% of rent<\/strong> for businesses, charities and non-profits impacted by COVID-19.<\/p>\n<\/li>\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\">an <strong>additional 25% Lockdown Support<\/strong> during a public health lockdown order.<\/p>\n<\/li>\n<\/ul>\n<p>From the <a href=\"https:\/\/www.canada.ca\/en\/department-finance\/news\/2020\/11\/new-targeted-support-to-help-businesses-through-pandemic-receives-royal-assent.html\">canada.ca<\/a> website:  <\/p>\n<h1>Canada Emergency Rent Subsidy (CERS)<\/h1>\n<p>Canadian&nbsp;<strong>businesses<\/strong>,&nbsp;<strong>non-profit organizations<\/strong>, or&nbsp;<strong>charities<\/strong>&nbsp;who have seen a drop in revenue due to the&nbsp;COVID-19&nbsp;pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September&nbsp;27,&nbsp;2020, until June&nbsp;2021.<\/p>\n<p>This subsidy will provide payments directly to qualifying&nbsp;<strong>renters<\/strong>&nbsp;and&nbsp;<strong>property owners<\/strong>, without requiring the participation of landlords.<\/p>\n<p>If you are eligible for the base subsidy, you may also be eligible for lockdown support if your business location is significantly affected by a public health order for a week or more.<\/p>\n<h2>Eligibility criteria<\/h2>\n<p>To be eligible to receive the rent subsidy, you must meet&nbsp;<strong>all four<\/strong>&nbsp;of the following criteria \u2013 you:<\/p>\n<ol style=\"list-style-type: decimal; margin: auto 1em 1.5em;\">\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\"><strong>Meet at least one of these conditions:<\/strong><\/p>\n<ul style=\"margin: auto 2em 1.5em; list-style-type: disc;\">\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\">You had a CRA business number on September&nbsp;27,&nbsp;2020<\/p>\n<p style=\"margin: 0;\"><u><strong>OR<\/strong><\/u><\/p>\n<p style=\"margin: 0;\">\n<\/li>\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\">You had a payroll account on March&nbsp;15,&nbsp;2020, or another person or partnership made payroll remittances on your behalf<\/p>\n<p style=\"margin: 0;\"><u><strong>OR<\/strong><\/u><\/p>\n<p style=\"margin: 0;\">\n<\/li>\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\">You purchased the business assets of another person or partnership who meets condition 2 above, and have made an election under the special asset acquisition rules<br \/>These special asset acquisition rules are the same for the Canada Emergency Wage Subsidy (CEWS).<br \/><strong><u>OR<\/u><\/strong><\/p>\n<\/li>\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\">You meet other prescribed conditions that might be introduced<br \/><strong>Note:<\/strong>&nbsp;there are no prescribed conditions at this time<\/p>\n<\/li>\n<\/ul>\n<p style=\"margin: 0;\">If you don\u2019t have a business number but you qualify under condition&nbsp;<strong>b or c<\/strong>, you will need to set one up before you are able to apply for CERS.  You&nbsp;<strong>do not<\/strong>&nbsp;need a payroll account to apply for CERS.<\/p>\n<\/li>\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\">\n<p style=\"margin: 0;\"><strong>Are an eligible business, charity, or non-profit (eligible entity)<\/strong><\/p>\n<p><a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy\/cers-who-apply.html\">Check which types of businesses, charities, or non-profits are eligible<\/a><\/p>\n<p style=\"margin: 0;\">If your business, charity, or non-profit is related to another eligible entity, you may be considered an &#8220;affiliated entity&#8221;. This may affect your calculations for the subsidy.<\/p>\n<p style=\"margin: 0;\"><a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy\/cers-who-apply.html\">Learn more about affiliated entities<\/a><\/p>\n<p style=\"margin: 0;\">\n<p style=\"margin: 0;\">\n<\/li>\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\">\n<p style=\"margin: 0;\"><strong>Experienced a drop in revenue<\/strong><\/p>\n<p style=\"margin: 0;\">Your drop in revenue is calculated by comparing your eligible revenue during the reference period with your eligible revenue from a previous period (baseline revenue).<\/p>\n<p style=\"margin: 0;\">\n<p style=\"margin: 0;\">There is&nbsp;<strong>no minimum revenue drop<\/strong>&nbsp;required to qualify for the subsidy.  The rate your revenue has dropped is only used to calculate how much subsidy you receive for these periods.<\/p>\n<p style=\"margin: 0;\">\n<p style=\"margin: 0;\"><strong>Calculate your revenue drop online<\/strong><\/p>\n<p style=\"margin: 0;\">After you have read about the expenses you can claim, you can use the&nbsp;<a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy\/cers-calculate-subsidy-amount.html#h-3\">online calculator<\/a>&nbsp;to find your revenue drop while calculating how much subsidy you may receive.<\/p>\n<p><u><strong>OR<\/p>\n<p><\/strong><\/u><\/p>\n<p style=\"margin: 0;\"><strong>Read about the calculation<\/strong><\/p>\n<p style=\"margin: 0;\">You can read the in-depth details of&nbsp;<a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy\/cers-calculate-subsidy-amount.html#calculate-base-rate\">how the revenue drop is calculated<\/a>.<\/p>\n<p style=\"margin: 0;\">\n<p><a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy\/cers-who-apply.html\">Check what counts as eligible revenue<\/a><\/p>\n<p style=\"margin: 0;\">\n<p style=\"margin: 0;\">A CERS application must be filed no later than 180 days after the end of a claim period.<\/p>\n<p style=\"margin: 0;\">\n<p style=\"margin: 0;\">\n<\/li>\n<li style=\"list-style-type: inherit; display: list-item; margin: .2em 0 0 .2em;\">\n<p style=\"margin: 0;\"><strong>Have eligible expenses<\/strong><\/p>\n<p style=\"margin: 0;\">To apply for CERS, you must have a qualifying property. Only certain expenses you pay for qualifying properties are eligible for CERS.<br \/><a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy\/cers-expenses-claim.html\">Learn about qualifying properties and which expenses you can claim<\/a><\/p>\n<\/li>\n<\/ol>\n<p>The full details of the CERS can be found at: <a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy.html\">https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy.html<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ory-row ory-cell-inner\" style=\"box-sizing: border-box; display: -webkit-box; display: -ms-flexbox; display: flex; -webkit-box-flex: 0; -ms-flex: 0 1 auto; flex: 0 1 auto; -webkit-box-orient: horizontal; -webkit-box-direction: normal; -ms-flex-direction: row; flex-direction: row; -ms-flex-wrap: wrap; flex-wrap: wrap; margin-right: 0; margin-left: 0; position: relative;\">\n<div class=\"ory-cell ory-cell-sm-12\" style=\"position: relative; box-sizing: border-box; -webkit-box-flex: 0; -ms-flex: 0 0 auto; flex: 0 0 auto; padding-right: .5rem; padding-left: .5rem; -ms-flex-preferred-size: 100%; flex-basis: 100%; width: 100%; min-width: 100%;\">\n<div class=\"ory-cell-inner ory-cell-leaf\">\n<div class=\"ory-plugins-content-spacer ory-plugins-content-spacer-read-only\" style=\"border-bottom: none; position: relative; border: 1px solid rgba(0, 0, 0, 0.12); border-color: transparent;\">\n<div style=\"height: 20px;\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ory-row ory-cell-inner\" style=\"box-sizing: border-box; display: -webkit-box; display: -ms-flexbox; display: flex; -webkit-box-flex: 0; -ms-flex: 0 1 auto; flex: 0 1 auto; -webkit-box-orient: horizontal; -webkit-box-direction: normal; -ms-flex-direction: row; flex-direction: row; -ms-flex-wrap: wrap; flex-wrap: wrap; margin-right: 0; margin-left: 0; position: relative;\">\n<div class=\"ory-cell ory-cell-sm-12\" style=\"position: relative; box-sizing: border-box; -webkit-box-flex: 0; -ms-flex: 0 0 auto; flex: 0 0 auto; padding-right: .5rem; padding-left: .5rem; -ms-flex-preferred-size: 100%; flex-basis: 100%; width: 100%; min-width: 100%;\">\n<div class=\"ory-cell-inner ory-cell-leaf\"><a class=\"ory-button-for-pages-posts\" href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/subsidy\/emergency-rent-subsidy\/cers-how-apply.html\" target=\"_blank\" style=\"pointer-events: auto; color: rgb(255, 255, 255); border: none; border-radius: 2px; display: inline-block; height: 36px; line-height: 36px; padding: 0px 2rem; text-transform: uppercase; vertical-align: middle; text-align: center; letter-spacing: 0.5px; transition: all 0.2s ease-out 0s; cursor: pointer; text-decoration: none; background-color: rgb(43, 170, 223);\" rel=\"noopener noreferrer\">Apply for Rent Subsidy<\/a><\/div>\n<\/div>\n<\/div>\n<div class=\"ory-row ory-cell-inner\" style=\"box-sizing: border-box; display: -webkit-box; display: -ms-flexbox; display: flex; -webkit-box-flex: 0; -ms-flex: 0 1 auto; flex: 0 1 auto; -webkit-box-orient: horizontal; -webkit-box-direction: normal; -ms-flex-direction: row; flex-direction: row; -ms-flex-wrap: wrap; flex-wrap: wrap; margin-right: 0; margin-left: 0; position: relative;\">\n<div class=\"ory-cell ory-cell-sm-12\" style=\"position: relative; box-sizing: border-box; -webkit-box-flex: 0; -ms-flex: 0 0 auto; flex: 0 0 auto; padding-right: .5rem; padding-left: .5rem; -ms-flex-preferred-size: 100%; flex-basis: 100%; width: 100%; min-width: 100%;\">\n<div class=\"ory-cell-inner ory-cell-leaf\">\n<div class=\"ory-plugins-content-spacer ory-plugins-content-spacer-read-only\" style=\"border-bottom: none; position: relative; border: 1px solid rgba(0, 0, 0, 0.12); border-color: transparent;\">\n<div style=\"height: 20px;\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The new Canada Emergency Rent Subsidy is open for applications today!  Unlike the previous program, this subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords.  <\/p>\n<p>CERS covers up to 65% of rent for businesses, charities and non-profits impacted by COVID-19.<\/p>\n<p>An additional 25% Lockdown Support is available during a public health lockdown order.<\/p>\n","protected":false},"author":10,"featured_media":24293,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[218,229,230],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Applications for the new Canada Emergency Rent Subsidy starts today! - Heuchert Financial Incorporated<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Applications for the new Canada Emergency Rent Subsidy starts today! - Heuchert Financial Incorporated\" \/>\n<meta property=\"og:description\" content=\"The new Canada Emergency Rent Subsidy is open for applications today! Unlike the previous program, this subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords.  CERS covers up to 65% of rent for businesses, charities and non-profits impacted by COVID-19. An additional 25% Lockdown Support is available during a public health lockdown order.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/\" \/>\n<meta property=\"og:site_name\" content=\"Heuchert Financial Incorporated\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T21:01:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-23T22:21:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hfin.ca\/wp-content\/uploads\/2020\/11\/CERS_STARTS_TODAY.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Heuchert Financial\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Heuchert Financial\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/\",\"url\":\"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/\",\"name\":\"Applications for the new Canada Emergency Rent Subsidy starts today! - Heuchert Financial Incorporated\",\"isPartOf\":{\"@id\":\"https:\/\/hfin.ca\/#website\"},\"datePublished\":\"2020-11-23T21:01:15+00:00\",\"dateModified\":\"2020-11-23T22:21:52+00:00\",\"author\":{\"@id\":\"https:\/\/hfin.ca\/#\/schema\/person\/e52b786d42eea036c0048e06ad42cdcc\"},\"breadcrumb\":{\"@id\":\"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/hfin.ca\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Applications for the new Canada Emergency Rent Subsidy starts today!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/hfin.ca\/#website\",\"url\":\"https:\/\/hfin.ca\/\",\"name\":\"Heuchert Financial Incorporated\",\"description\":\"Live your dreams through generations\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/hfin.ca\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/hfin.ca\/#\/schema\/person\/e52b786d42eea036c0048e06ad42cdcc\",\"name\":\"Heuchert Financial\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/hfin.ca\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c5fcbbcab6a59c5314f75cdb0cd9e850?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c5fcbbcab6a59c5314f75cdb0cd9e850?s=96&d=mm&r=g\",\"caption\":\"Heuchert Financial\"},\"url\":\"https:\/\/hfin.ca\/author\/afa\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Applications for the new Canada Emergency Rent Subsidy starts today! - Heuchert Financial Incorporated","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/hfin.ca\/applications-for-the-new-canada-emergency-rent-subsidy-starts-today\/","og_locale":"en_US","og_type":"article","og_title":"Applications for the new Canada Emergency Rent Subsidy starts today! - Heuchert Financial Incorporated","og_description":"The new Canada Emergency Rent Subsidy is open for applications today! Unlike the previous program, this subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords.  CERS covers up to 65% of rent for businesses, charities and non-profits impacted by COVID-19. 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