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Leasing Bulletin: Update On Bill 229 Bill 229: Update On Ban Against Exercising Eviction And Distress Rights Against Commercial Tenants - O Reg 763/20 - Real Estate and Construction

To print this article, all you need is to be registered or login on Mondaq.com. Bill 229 extended Ontario s ban on a landlord s eviction and distress rights vis-à-vis commercial tenants that were, or would have been, eligible for the Canada Emergency Commercial Rent Assistance ( CECRA ) program (the CECRA moratorium ). The Government of Ontario has now enacted a regulation to Bill 229. O. Reg. 763/20: NonEnforcement Period – Prescribed Tenancies (the Regulation ) is effective as of December 17, 2020, introduces an end date to the existing CECRA moratorium, and also introduces a new moratorium tied to the Canada Emergency Rent Subsidy ( CERS ) program (the CERS

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