Streit was waived by the Canadiens on Thursday, Renaud Lavoie of TVA Sports reports.
With David Schlemko (hand) off injured reserve, the Canadiens had to get back under the 23-man roster limit and Streit was the player deemed expendable by the club. In his two outings for the club, the 39-year-old averaged a mere 14:13 of ice time, so it shouldn't come as too much of a surprise he finds himself on the waiver wire. If he goes unclaimed, the blueliner will likely be assigned to AHL Laval.