The 25-year-old Alma, QC native will be available for tonight's game against the New Jersey Devils at the Bell Centre.
In 17 games with the Rocket this season, Hudon boasts a team-leading nine goals. He also sits tied for the team lead with 11 points alongside forwards Alex Belzile and Lukas Vejdemo.
Hudon has 13 goals and 39 points in 110 career games with Montreal.
The Canadiens also announced that forward Jonathan Drouin has been placed on injured reserve after sustaining an upper-body injury during the third period of Friday night's game in Washington.
In 19 games this season, Drouin has seven goals and 15 points, along with a plus-4 differential.
