The province-wide lockdown that began on December 26, 2020 has forced many businesses to close their doors or significantly restrict their services. To mitigate losses and help business owners cover costs, the provincial government has created the Ontario Small Business Grant.
Many small businesses are struggling to stay afloat and cover their fixed costs, such as rent and insurance, while taking a negative impact on their revenues. Government assistance has emerged to help businesses pay for their rent, but many have had their fate put into the hands of their landlords to apply for the assistance. The new Canadian Emergency Rent Subsidy (CERS) is being introduced to provide rent relief for businesses and allows these businesses to apply to the assistance directly as opposed to waiting for their landlords to do so.