I hope you and your family are well.
Tenants who are working must pay there rent, no exceptions. If renters have been laid-off, the Federal government has introduced a number of supports for these workers, which should be received in the coming weeks. As a result, it is recommended to organize a payment schedule.
If renters are unable to pay, landlords such as yourself can use last months rent, that is given upon renters taking over the property, to help mitigate loss.
I would encourage you to continue speaking with your lender as federal banking regulations are allowing for mortgage deferrals. For more information on this, please use the link provided: https://www.canada.ca/en/department-finance/news/2020/03/canadas-covid-19-economic-response-plan-support-for-canadians-and-businesses.html#Mortgage_Default_Management.
Take care,
xxx
Executive Assistant
Office of xxxx MPP xxx
Tenants who are working must pay there rent, no exceptions. If renters have been laid-off, the Federal government has introduced a number of supports for these workers, which should be received in the coming weeks. As a result, it is recommended to organize a payment schedule.
If renters are unable to pay, landlords such as yourself can use last months rent, that is given upon renters taking over the property, to help mitigate loss.
I would encourage you to continue speaking with your lender as federal banking regulations are allowing for mortgage deferrals. For more information on this, please use the link provided: https://www.canada.ca/en/department-finance/news/2020/03/canadas-covid-19-economic-response-plan-support-for-canadians-and-businesses.html#Mortgage_Default_Management.
Take care,
xxx
Executive Assistant
Office of xxxx MPP xxx