While July 1 is known as Canada Day, in Montreal, it’s also known as moving day, when yearly contracts on residential leases begin.
It’s generally characterized by a mad dash on rental trucks with thousands of Montrealers with packed-up belongings moving into their new dwellings.
It can also be a moment for get-togethers as friends are often enlisted to help with the moving. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] Last year was particularly tough for some Montrealers who were unable to find housing that fit their budget, a problem exacerbated by low vacancy rates.
Recent findings from the Canada Mortgage and Housing Corporation (CMHC) report the average vacancy rate for Montreal in 2019 dropped to 1.5 per