Toronto Centre is the heart of Toronto’s downtown. We are home to some of Canada’s most iconic business districts and small businesses, from Canada’s largest gay village to the Financial District, to the re-invigorated historical districts such as Yonge Street, Corktown, St Lawrence Market and more. We also know that businesses across our community are in trouble.
To save small businesses, the Provincial and Federal governments need to step up and legislate a moratorium on commercial rental evictions and restructure the CERCA to allow tenants to directly access the 50 percent government relief if their landlords indicate they will not apply. The Government should also look at expanding the amount of money made eligible through Canada Emergency Business Account (CEBA). In urban centers with high rental and operating costs, for many business owners, the $40,000 is already gone.
Please add your name and call on the Provincial and Federal governments to make the necessary legislative changes we need to save our small businesses and our main streets.