Le Lézard
Classified in: Business
Subjects: AVO, CPG

Retail Council of Canada relieved by commercial tenant eviction moratoriums



TORONTO, June 5, 2020 /CNW/ - Retail Council of Canada (RCC) applauds the governments of Alberta and Saskatchewan for listening and responding to the needs of small and medium sized retail businesses with today's announcements of moratoriums on commercial tenant evictions.

Rent relief remains a priority issue for RCC as retailers of all sizes with severely reduced revenues have no ability to pay their rent.  With many landlords across the county choosing to ignore the involuntary nature of the Canada Emergency Commercial Rent Assistance (CECRA) program, store closures are inevitable. 

Over 225,000 Albertans and 68,000 Saskatchewanians worked in retail stores in 2019. That's why the Alberta and Saskatchewan moratoriums on commercial rent evictions are such important investments into the provinces' economic futures.

"We are grateful to the Alberta and Saskatchewan governments for their swift action in helping Alberta's 17,500 and Saskatchewan's 4,900 retail businesses continue to survive and operate during these extraordinary times," said Diane J. Brisebois, President & CEO, Retail Council of Canada. "Eliminating the fear and threat of eviction over unpaid rent allows business to focus on their recovery. We encourage all provinces to follow suit in enacting a similar moratorium in the interests of retailers across the country."

About Retail Council of Canada
Retail is Canada's largest employer with 2.1 million Canadians working in our industry. The sector annually generates over $76 billion in wages and employee benefits. Core retail sales (excluding vehicles and gasoline) were $377 billion in 2019. Retail Council of Canada (RCC) members represent more than two thirds of retail sales in the country. RCC is a not-for-profit, industry-funded association that represents small, medium and large retail businesses in every community across the country. As the Voice of Retailtm in Canada, we proudly represent more than 45,000 storefronts in all retail formats, including department, grocery, specialty, discount, independent retailers and online merchants. www.RetailCouncil.org

SOURCE Retail Council of Canada


These press releases may also interest you

at 21:51
Kajeet retracts its press release issued on August 11, 2020 (the "Press Release") titled, "Kajeet Enters Agreement with First Student to Make Wi-Fi Available Across School Bus Fleet" due to errors in the release. SOURCE Kajeet

at 21:36
Aliansce Sonae Shopping Centers S.A. , one of the largest shopping mall owners and operators in Brazil, announces its results for the second quarter of 2020 (2Q20). 2Q20 Highlights: 98% of the portfolio's GLA opened. The reopening process of Aliansce...

at 21:20
Cogobuy Group ("Cogobuy" or the "Company", stock code: 400.HK; with its subsidiaries (the ''Group'')) is pleased to announce the Company's flagship  Ingdan Innovations, a platform engaged in chip sales and technology services, has signed a strategic...

at 21:09
In the news release, Market Share Expanded to 21.5% Volume Grew 47.9% to 4.6 Billion Parcels, issued 12-Aug-2020 by ZTO Express (Cayman) Inc. over PR Newswire, we are advised by the company that the [5th] paragraph, [2nd] sentence, should read "[We...

at 21:03
Today, DLP Real Estate Capital is proud to announce that it has made the 2020 Inc. 5000 List of the Fastest-Growing Private Companies in America, landing as the 4th fastest growing company in the nation out of those who have made the list 8 or more...

at 21:00
Once the consumer finds the vehicle, ShopSmartAutos.com's integration with Cox brand Dealertrack's Finance Driver allows the consumer to submit an online credit application from the vehicle listing, which helps set realistic expectations for both...



News published on 5 june 2020 at 15:47 and distributed by: