Montreal merchants advocate for commercial rent regulation

Merchants on Monk Boulevard in Montreal's Ville-Émard neighborhood are worried about rising commercial rents. Local businesses, like Fruiterie Shaana, a grocery store that has been part of the community for 28 years, fear they might be pushed out. Thaaraha Satkunapala, who runs the store with her family, said they have worked hard to make it a beloved part of the neighborhood. The store’s lease is up for renewal, and there is a "for rent" sign in the window. Negotiations with their landlord are ongoing, but the family is anxious about their future. Satkunapala explained that the grocery store plays an important role in providing affordable food for the community. Other local businesses, such as Boutique NouLuv, are facing similar challenges. Owner Harlie Dover expressed concerns about the future of her store due to high rents. She noted that the neighborhood is struggling to attract more foot traffic, making it even harder for small business owners to survive. The local business development association, SDC Monk, revealed that vacancy rates on Monk Boulevard have dropped significantly. As a result, some landlords are raising rents, hoping to capitalize on the area’s potential. Experts believe it is important to consider the impact on businesses that help create this vibrant atmosphere. Currently, there are no regulations in Quebec to control commercial rent increases like those for residential leases. Local officials are advocating for rent regulations to protect small businesses. They argue that while landlords have expenses, these costs often get passed onto the commercial tenants. In response, the Quebec government stated that commercial lease prices are determined by private negotiations and that they do not set these prices. The situation remains tense as local merchants call for action to secure their place in the community.