Since 1960, Saint-Henri experienced closing of a majority of its industry that was established here since the beginning of last century. Many factors contributed to this occurrence. First, in 1970, Lachine Canal closed for navigation enabling further transport of goods. In addition, the old industrial buildings were not able to satisfy the needs for larger and more modern industrial facilities. In 1980’s, several of these buildings were transformed into rental buildings rented through SME, to the craftsmen or artists. At the same time, Saint-Henri saw some of its historic buildings demolished due to its abandonment. However, many of the historic buildings survived, contributing to our heritage today.

Today, the area in undergoing revitalization, through the construction of many new and exclusive condominium buildings, and through re-adaptation of old industrial buildings for the same purpose. However, this kind of rejuvenation of the area does not serve the local population at all, since those condominium buildings are intended to the wealthier clientele that is very distant from the local working class. At the same time, these condominium buildings usually rise along Lachine Canal, where for the adequate price clients are offered the vast views over the water, interior garages, gyms, pools and proximity to downtown. This appearance is very much in contrast with the present conditions of the working population in the area.