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 WangNote: 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…