A large part of Île-Bizard and Île-Mercier are included in those areas, which were heavily flooded in both 2017 and 2019.
Desjardins said the risk is too high to continue offering mortgages to homes that have a five per cent chance or more of flooding each year, with some exceptions.
"The impacts of climate change, including water damage, are growing in importance and causing substantial damage," Desjardins said in a statement.
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