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With fewer active retail businesses, Montreal faces reduced demand for retail space

Despite strong population growth, city has fewer retailers than before the pandemic
Montreal’s retail landscape, including downtown's Sainte-Catherine Street, has experienced significant changes since the onset of the pandemic, even as the city’s population has expanded. (Getty Images)
Montreal’s retail landscape, including downtown's Sainte-Catherine Street, has experienced significant changes since the onset of the pandemic, even as the city’s population has expanded. (Getty Images)
CoStar Analytics
August 21, 2026 | 9:57 P.M.

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Montreal's population has expanded rapidly in recent years, with hundreds of thousands of new residents arriving since 2019. The number of active retail businesses has steadily declined, underscoring the challenges facing the retail sector amid sluggish consumer spending growth.

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