 In the 2014–15 season with the Canadiens, Parenteau was hampered by injury and occasions of healthy scratches, to finish with an output on 22 points in 56 games.On June 28, 2015, Parenteau was placed on unconditional waivers by the Canadiens for the purpose of buying the final year of his contract out.Having cleared waivers, the next day he was formally bought out and released to free agency.