In light of the very unfortunate and heartbreaking events that have recently occurred in Brooks, Alberta, Avenue Living is taking additional precautionary safety measures in all of its suites, especially in Brooks.

Today we learnt some additional details about the Government’s plan to further support Canadians, specifically small businesses. More details on the Canada Emergency Commercial Rent Assistance (CECRA) were announced today and we wanted to make you aware of.

Avenue Living Asset Management is leveraging its existing property management platform through Avenue Living Communities to launch a new portfolio: Mini Mall Storage Properties. Established against a backdrop of market disruption, due to the global pandemic, the portfolio has already performed well.

We are pleased to provide an update with regards to tenant rental obligations. As a reminder, our commitment at Avenue Living is and has always been, to work with our tenants as best we can.

To our valued residents, we want to assure you that we are here to support you as best we can. While we understand that many businesses have been forced to stop or modify their business operations, we continue to maintain, operate and support our properties.

As an example of our ongoing commitment to our core value of “Duty of Care,” Avenue Living Communities has continued our dedication by providing support and help to our valued residents, as we face the Coronavirus Disease (COVID-19) crisis together. To combat these tough times, we launched two support lines for residents in mid-March.