It's Rent Day, and many are nervous. Lots of businesses are 1 day away from turning off the lights for good. We need #smallbusinessrentrelief
for our businesses!
Small biz deserves the same protections as renters so we can #keepthelightson
Small businesses are the backbone of Toronto’s economy and many are one day away from turning off the lights for good. .
- In less than 24 hours, rent is due for the first time since the government-imposed shutdown. With businesses closed and no revenue coming in, small businesses are at risk.
– both tenants and landlords cannot afford to make rent and cannot afford to miss that income. They could lose everything. .
Bottom line: unless government steps up and provides real rent relief to stabilize small businesses, one in four small businesses in Toronto will go bankrupt .
- We’re asking government to do the right thing and support small businesses by: .
• Putting an immediate freeze on lock outs. The provincial government has done this with residential tenants, we’re simply asking for the same rules to apply to small businesses. Right now, landlords can seize property after 48 hours of nonpayment, after 5 days they can sell property and after 16 days they can change the locks with no notice. This is not acceptable. .
• Create a rent relief fund immediately. Mortgage deferrals may not apply to commercial properties and the additional programs announced by the federal government are weeks if not months away. Small businesses just don’t have that long. Rent strikes are only arising because the government has provided no option or relief, we need the federal and provincial governments to step up now.
#justintrudeau #primeministerjustintrudeau #mayorjohntory #dougfordforpremier #dougfordnation