Eligible organizations can now submit an application to receive the new Canada Emergency Rent Subsidy (CERS)
Eligible organizations can now submit an application to receive the new Canada Emergency Rent Subsidy (CERS). The CRA has launched a new online application portal for the CERS, and says that successful applicants may receive support payments as early as December 4, 2020. In addition, more organizations may now be eligible to apply for the subsidy, since businesses are no longer required to pay eligible expenses before they can receive the subsidy, as long as they pay the amount within 60 days of receiving the related support. Although Finance only recently proposed new legislation to address this eligibility change, the CRA has stated that it will process applications reflecting the proposed legislation.
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