Mackenzie

Trusted Debt Relief & Consumer Proposal Experts

Mackenzie, debt relief, British Columbia

Mackenzie, BC offers natural beauty and outdoor activities but faces economic challenges. The forestry industry is crucial for jobs, which are dwindling as the population ages. High living costs and reliance on a limited job market make financial struggles common. For those seeking “debt relief,” understanding local economic conditions is essential for effective debt management and improving financial situations.

City: Mackenzie
Province/Territory: British Columbia (BC), Canada
Est. Population: 3,714

Financial Challenges

Living in Mackenzie, British Columbia can be tough if you’re having money problems. The town has fewer people each year, and many residents are older, which means there are fewer jobs available. Most of the jobs depend on industries like forestry, so if those jobs go away, it’s hard to find new work. Also, even though people earn a fair amount before taxes, a big part of their money goes to taxes, leaving less to spend on things they need every day.

Working in Mackenzie can also be challenging because the cost of living is higher since it’s a remote area. Prices for things like groceries and housing can be more expensive compared to bigger cities. With fewer types of jobs available, it’s hard for people to find different kinds of work that pay well. This makes it difficult for those who are struggling financially to make ends meet and improve their situation.

Debt Relief Solutions Available

Financial Planning

Financial planning means making a smart plan for your money. It helps you budget, set goals, and save for the future. With a plan in place, you can feel more in control of your money and avoid falling into debt again.

Find out more about Financial Planning

Debt Management Plan

A Debt Management Plan, or DMP, helps you pay back what you owe in one simple monthly payment. A credit expert talks to your creditors to lower your interest and make the debt easier to handle.

Find out more about Debt Management

Debt Consolidation

Debt consolidation means putting all your debts—like credit cards and loans—into one new loan. This new loan usually has a lower interest rate, which can help you save money and pay off your debt faster.

Find out more about Debt Consolidation

Debt Settlement

Debt settlement means offering less than the full amount you owe to clear your debt. Creditors may accept it because they get paid quickly. A debt settlement company usually helps with this process.

Find out more about Debt Settlement

Consumer Proposal

A consumer proposal is a legal deal between you and the people you owe. You agree to pay back part of your debt in smaller monthly payments. A Licensed Insolvency Trustee helps make the plan and talks to your creditors for you.

Find out more about Consumer Proposals

Bankruptcy

Bankruptcy is a legal way to clear most of your debts if you can’t pay them back. It gives you a fresh start, but it can also hurt your credit score for several years.

Find out more about Bankruptcy


Mackenzie team providing effective debt relief solutions and advice in a professional setting.

*Illustration of Mackenzie, British Columbia

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

ItemDescriptionEstimated
Living paycheck to paycheckNumber of residents who are living paycheck to paycheck1,746
Living in povertyNumber of residents who are living in poverty412
Debt defaultedNumber of residents who have defaulted on a debt payment40
InsolvenciesNumber of residents who filed for insolvency9
Consumer proposalNumber of residents who filed for a consumer proposal7
Personal bankruptcyNumber of residents who filed for personal bankruptcy2

The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.

Elimiate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts Reduce debts into one affordable monthly payment Stop all collections calls No interest and charges (completely frozen) Government-legislated debt relief programs

Areas / Neighbourhoods

  • Mackenzie Townsite: This is the central area of Mackenzie, featuring a mix of residential homes, local businesses, and amenities. It offers easy access to parks and community services, making it a popular choice for families and individuals alike.

  • Mackenzie Station: A quieter and more suburban neighborhood, Mackenzie Station is characterized by its family-friendly atmosphere. It includes several recreational facilities and is close to schools, making it appealing for families with children.

  • Mackenzie Heights: Known for its picturesque views and spacious properties, Mackenzie Heights is a desirable area for those seeking a more expansive living space. It features larger homes and beautiful green spaces, ideal for outdoor enthusiasts.

  • South Mackenzie: This area offers a blend of residential and rural living, with larger lots and access to nature. It’s a favorite spot for residents who appreciate a more serene lifestyle while still being close to town amenities.

  • Mackenzie Lake: Surrounding the lake, this neighborhood is popular for its recreational activities and scenic landscape. Many homes have lake views, and residents enjoy fishing, kayaking, and hiking in the nearby areas.

  • Cedar Drive: A peaceful residential street filled with charming homes and a strong sense of community. Cedar Drive is known for its friendly atmosphere and is often favored by those looking for a close-knit neighborhood.

  • Woods Crossing: Located on the outskirts of town, Woods Crossing is known for its rustic charm and access to nature. The neighborhood features larger lots and is popular among those who enjoy outdoor activities like hiking and mountain biking.

Mackenzie team providing effective debt relief solutions and advice in a professional setting. Debt solutions available.

Illustration of Mackenzie, British Columbia, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Mackenzie, Canada to help understand the financial requirements for different living situations.

ItemDescriptionAverage Cost
Housing (1BR)Monthly rent for a 1-bedroom apartment$2,872
Housing (2BR)Monthly rent for a 2-bedroom apartment$3,777
Average Home PriceAverage price to purchase a home$991,000
UtilitiesMonthly cost for electricity, heating, water, and garbage$250
Food (Single)Monthly grocery cost for a single person$400
Food (Family)Monthly grocery cost for a family of four$1,100
Healthcare (Rx)Monthly cost for prescription medications$35
Healthcare (Dental)Monthly cost for dental care$225
Healthcare (Vision)Monthly cost for vision care$250
Transportation (Public)Monthly cost for public transit$2,872
Transportation (Car)Monthly cost for car ownership$750
Childcare (Daycare)Monthly cost for daycare$1,350
Childcare (After-School)Monthly cost for after-school programs$500

The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.

Top Questions

  1. What is the current cost of living in Mackenzie, BC, compared to other cities in British Columbia?
  2. How does the local job market in Mackenzie impact residents’ financial stability?
  3. What are the average housing prices and rental costs in Mackenzie, BC?
  4. What are the primary industries driving the economy in Mackenzie, and how do they affect employment opportunities?
  5. Are there any financial assistance programs available for residents facing economic hardship in Mackenzie?
  6. What is the outlook for economic growth in Mackenzie over the next few years?
  7. How do utility costs and other expenses in Mackenzie compare to the national average?

If you have a question about debt see our debt related question or ask your own debt related question.

Overview

Located in the heart of British Columbia, this small town is surrounded by stunning natural beauty, including forests, lakes, and mountains, making it a popular spot for outdoor activities like hiking, fishing, and skiing. It has a strong connection to the forestry industry, which plays a major role in the local economy, providing jobs for many residents. With a close-knit community, the town hosts various events throughout the year that bring people together, showcasing local culture and traditions. The area’s rich wildlife attracts nature lovers and offers opportunities for adventure, making it an appealing destination for those who enjoy the outdoors.



Eliminate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts
Reduce debts into one affordable monthly payment
Stop all collections calls
No interest and charges (completely frozen)
Government-legislated debt relief programs