Montreal housing corpiq

Montreal 2021 budget aims to relieve COVID-19 financial pressure

An additional $50-million investment in economic recovery and tweaks on property taxes and STM fares were announced today.

After a bit of a rocky start, Montreal Mayor Valérie Plante held a press conference this morning to present the city’s 2021 budget. In an effort to relieve some financial pressure on Montrealers as the COVID-19 pandemic continues, the budget includes a freeze on residential and commercial property taxes and a reduction in the cost of OPUS cards as well as an additional $50-million investment in the city’s economic recovery.

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