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Three Montreal-area YMCAs — Guy-Favreau, Pointe-St-Charles and Hochelaga-Maisonneuve — will close at the end of next month for financial reasons, the head of YMCAs of Quebec announced Wednesday.

Stéphane Vaillancourt, president and CEO of the YMCAs of Quebec, confirmed the YMCA is “undergoing a transformation” that will involve closing three of Montreal’s 10 full-service sports and community centre YMCAs.

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In an interview with the Montreal Gazette shortly after he broke the news to employees Wednesday afternoon, Vaillancourt said the Pointe-St-Charles and Hochelaga-Maisonneuve YMCAs have been running “several hundreds of thousands of dollars of deficits each year” for the past 30 years.

For its part, the Guy-Favreau YMCA would require expensive renovations to remain financially viable and the cost of those renovations has increased to the point of being untenable, Vaillancourt said.