Commercial Rent

• Rent hike forces closure of longtime West Island bike shop

  A longtime bicycle store in Baie d'Urfe is closing its doors after 35 years in business because of difficulty finding staff as well as unaffordable rent hikes.

  Canada

  Jun 28, 2023
  
• Ottawa still promising but not delivering on new commercial rent relief program

  Business experts are calling on the government to make good on their promise to help businesses, saying without it, many will not survive another wave of COVID-19.

  Sep 30, 2020
  
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• Alberta survey to ask businesses, commercial landlords about COVID-19 challenges

  The Alberta government is urging commercial landlords and tenants in the province to fill out a survey on its website to see get a better sense of challenges businesses are facing in meeting their "financial obligations during the COVID-19 pandemic."

  Economy

  May 25, 2020
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• $26K a month in rent with $0 coming in: London, Ont. business owner outlines impact of coronavirus

  London Fine Furniture is closed, its staff laid off, and heat and hydro are shut off, but the company is still on the hook for about $26,500 in monthly rent.

  Apr 1, 2020