Category: CERS

COVID-19 Tax Update: A Detailed Review of the New Canada Emergency Rent Subsidy (CERS) and Lockdown Support Programs

Published by Thorsteinssons LLP & Alexander Demner & Gloria Wang

Note: To enhance readability, readers may access a PDF COPY OF THIS BLOG POST HERE.

I.          Overview

On November 19, 2020, Parliament enacted the Canada Emergency Rent Subsidy (“CERS”). Ostensibly designed to replace the underutilized Canada Emergency…