Residential tenants, landlords face dilemma as rent comes due on April 1
As the economic impact of the COVID-19 pandemic ripples across Canada, another wave may crest within the week as rent comes due for residential tenants.
April 1 is a pressing deadline for tenants and landlords alike as the novel coronavirus keeps people at home and closes businesses, leaving tens of thousands of Canadians out of work.
“It reminds me of a ‘Mission: Impossible’ movie, where tick, tick, tick, the time is ticking down and someone has to try to save the day before everything explodes,” said William Blake, a landlord who spoke Tuesday on behalf of the Ontario Landlords Association. “This is how a lot of tenants and landlords feel about this April 1 rent deadline coming up.”
Advocacy groups for both landlords and tenants are calling on the federal and provincial governments to offer some kind of relief before April 1.