The Pas

Consumer Proposal & Bankruptcy Solutions Experts

The Pas, debt relief, Manitoba

The Pas, Manitoba is a community rich in Indigenous heritage and surrounded by natural beauty, serving as a hub for rural areas. It faces challenges with job instability in industries like mining and forestry, leading to financial difficulties for residents. The high cost of living and limited access to debt relief resources make it hard for families to manage expenses and find financial support.

City: The Pas
Province/Territory: Manitoba (MB), Canada
Est. Population: 7,302

Financial Challenges

Living in The Pas, Manitoba can be hard for people who are having money problems. Many jobs there are in mining, farming, or forestry, which can sometimes lose money or shut down. When that happens, families might lose their jobs or earn less, making it tough to pay for things like rent, food, and bills. Also, since The Pas is a small town, there aren’t many places to go for help with debts or finding new jobs.

Another challenge is that things can be more expensive in The Pas compared to bigger cities. Shopping for groceries or other items might cost more because they have to be brought from far away. Plus, there are fewer banks and financial advisors, so it can be harder to get advice on how to manage money or deal with debt. All these reasons make it difficult for people in The Pas who are trying to make ends meet.

Debt Relief Solutions Available

Financial Planning

You are creating a detailed plan to manage your finances, including budgeting, setting financial goals, and saving for future needs. It's about gaining control over your money, making informed decisions, and reducing the likelihood of new debt.

Find out more about Financial Planning

Debt Management Plan

Pay off your debt through consolidated payments and sometimes lower interest rates. In a Debt Management Plan (DMP), a credit counselor works with creditors to negotiate terms that make your debt more manageable, resulting in a single monthly payment.

Find out more about Debt Management

Debt Consolidation

Combine multiple debts, such as credit card balances and personal loans, into a single loan with a lower interest rate. This can simplify your payment process and reduce the total interest charges over time, making it easier to pay down your debt.

Find out more about Debt Consolidation

Debt Settlement

Negotiate with your creditors to reduce the amount you owe in exchange for a reduced lump-sum payment. Creditors are willing to write off the debt because they receive immediate payment. Typically, these negotiations are handled by debt settlement companies.

Find out more about Debt Settlement

Consumer Proposal

A consumer proposal is a legally binding agreement between you and your creditors to repay a portion of your debt over an extended period. Administered by an LIT, the proposal will outline a fixed monthly payment plan you can afford.

Find out more about Consumer Proposals

Bankruptcy

Personal bankruptcy is a legal process that relieves individuals who cannot repay their debts. It involves erasing most of your unsecured debts and giving you a fresh financial start, but it also has a long-term impact on your credit rating.

Find out more about Bankruptcy


image of a serene landscape in The Pas, symbolizing hope and debt relief solutions

*Illustration of The Pas, Manitoba

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 paycheck3,432
Living in povertyNumber of residents who are living in poverty811
Debt defaultedNumber of residents who have defaulted on a debt payment80
InsolvenciesNumber of residents who filed for insolvency18
Consumer proposalNumber of residents who filed for a consumer proposal14
Personal bankruptcyNumber of residents who filed for personal bankruptcy4

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

  • Downtown The Pas
    The heart of The Pas, this vibrant area is known for its local shops, cafes, and community events. It serves as a hub for residents and visitors alike, often bustling with activities and gatherings.

  • Oyster Bay
    Located along the shores of the Saskatchewan River, Oyster Bay is a picturesque neighborhood that offers scenic views and outdoor recreational opportunities. It’s popular for fishing, boating, and enjoying nature.

  • Kelsey Trail
    A family-friendly neighborhood characterized by its quiet streets and parks. Kelsey Trail provides a mix of residential homes and local amenities, making it a desirable area for families and those seeking a peaceful environment.

  • Murray Avenue
    Known for its close-knit community feel, Murray Avenue features a range of housing options and easy access to local schools and parks. The area is popular among families, offering a safe and welcoming atmosphere.

  • Riverside Estates
    This suburban neighborhood is situated close to the river and offers spacious lots and modern homes. Riverside Estates is appreciated for its tranquility and proximity to nature, making it ideal for outdoor enthusiasts.

  • Pine Crescent
    A residential area known for its beautiful tree-lined streets and family homes. Pine Crescent is popular for its sense of community, with neighbors often engaging in friendly activities and local events.

  • Wolf Creek
    Located on the outskirts of The Pas, this area is known for larger properties and a rural lifestyle. Wolf Creek attracts those seeking more space and a connection to nature while still being accessible to the amenities of the town.

image of a serene landscape in The Pas, symbolizing hope and debt relief solutions Debt solutions available.

Illustration of The Pas, Manitoba, Canada

Cost of Living

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

ItemDescriptionAverage Cost
Housing (1BR)Monthly rent for a 1-bedroom apartment$1,282
Housing (2BR)Monthly rent for a 2-bedroom apartment$1,692
Average Home PriceAverage price to purchase a home$343,000
UtilitiesMonthly cost for electricity, heating, water, and garbage$220
Food (Single)Monthly grocery cost for a single person$300
Food (Family)Monthly grocery cost for a family of four$850
Healthcare (Rx)Monthly cost for prescription medications$35
Healthcare (Dental)Monthly cost for dental care$200
Healthcare (Vision)Monthly cost for vision care$225
Transportation (Public)Monthly cost for public transit$1,282
Transportation (Car)Monthly cost for car ownership$550
Childcare (Daycare)Monthly cost for daycare$1,000
Childcare (After-School)Monthly cost for after-school programs$350

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 average cost of living in The Pas, Manitoba?
  2. How does the unemployment rate in The Pas compare to the national average?
  3. What are the primary economic sectors driving growth in The Pas?
  4. What financial assistance programs are available for residents facing economic challenges in The Pas?
  5. How do housing prices in The Pas affect the local economy and residents’ financial situations?
  6. What are the average salaries in The Pas for various professions, and how does that influence the cost of living?
  7. Are there local resources or organizations that help residents with financial literacy and budgeting in The Pas?

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

Overview

Located in northern Manitoba, this community sits along the Saskatchewan River and serves as a hub for surrounding rural areas. It has a rich Indigenous heritage and is surrounded by vast forests, making it a gateway to outdoor activities like fishing, hiking, and winter sports. The local economy is largely driven by industries such as forestry, mining, and agriculture, providing jobs for residents. The area is noted for its natural beauty, with nearby lakes and wilderness areas offering opportunities for recreation and tourism. This place also hosts various cultural events throughout the year, celebrating its diverse heritage and community spirit.



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