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How Much You Need To Make To Buy A Typical Home In Montreal

Unless you’ve been living under a rent-controlled rock, you’ve probably noticed property prices in Montreal are soaring right now — and a new report from the National Bank of Canada has revealed just how high they've gotten.

A representative non-condo home in Montreal cost $464,684 over the first quarter of 2021, according to the bank’s Housing Affordability Monitor, and you need a household income of $94,760 to afford one.

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It would take you 40 months to save enough for a down payment, states the report.

While Montreal condo prices were up 2.5% over the first quarter of 2021 to $340,610, it continues, you would only need a household income of $69,459 to buy one. 

Things are bad across the country. "In the first quarter of 2021, Canadian housing affordability deteriorated for the first time in four quarters," states the report. "Among the ten markets covered, affordability deteriorated in all of them."

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More Than Half Of Quebec's 8 Biggest Cities Will Have A Woman As Mayor

In Quebec's city halls, women are kicking ass and taking names.

Women will lead five of Quebec's eight largest cities following the 2021 municipal elections.

The biggest headline of the night may have been Valérie Plante's triumph over old foe Denis Coderre in Montreal, but across the province, the faces of municipal politics have become more gender-balanced.

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The government is in the process of filling a Service Canada job bank and it's advertising salaries of between $61,152 and $65,887.

On an online recruitment page, the Employment and Social Development Canada (ESDC) office says it needs to fill 45 benefits officer and program officer positions in Quebec and encourages qualified individuals to apply.

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One always feels a sense of pride when their hometown makes its way onto an international ranking. And that's why we're proud to say two cities in Quebec, including Montreal, made it into Studee's "Top 10 Student Cities in the World."

To the surprise of many, Quebec City also made the Top 10 — and it ranked higher than Montreal, with Quebec City at #4 and Montreal at #6.

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Balarama Holness Says He’ll Officially Recognize Montreal As A Bilingual City If Elected

"Montreal is bilingual and multicultural and it is something that we should embrace," he said.

Activist and Grey Cup-winning Alouette Balarama Holness is saying he'll officially recognize Montreal as a bilingual city if elected mayor in November.

"We live in a francophone province in a francophone city from a legislative perspective, but the reality of Montreal is far different," the leader of Mouvement Montréal said in an interview with MTL Blog.

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