Mont-Joli

Expert Consumer Proposal & Debt Relief Solutions

_{Mont-Joli, debt relief, Quebec}

Mont-Joli, a Quebec town with 6,500 residents, faces economic challenges including a 9% unemployment rate and limited job opportunities in lower-paying sectors. This can lead to financial stress, as many workers struggle to cover bills and cope with unexpected expenses, potentially resulting in debt problems. Despite its cultural vibrancy, the community’s economic situation highlights the need for effective debt relief strategies.

City: Mont-Joli
Province/Territory: Quebec (QC), Canada
Est. Population: 6,281

Financial Challenges

Mont-Joli has a higher unemployment rate of 9%, which is much higher than the rest of Quebec. This makes it hard for people to find good jobs. Most of the available jobs are in sales, service, trades, and transport. These jobs often pay less, which means people might struggle to make enough money to cover their bills. With fewer job opportunities, those who are working might not earn enough to support themselves and their families, leading to financial stress.

Additionally, only about half of the working-age people in Mont-Joli are actively looking for jobs. This low participation rate means that many people might not have steady income. Without a reliable paycheck, it becomes difficult to manage expenses like rent, utilities, and groceries. When unexpected costs come up, people may have to borrow money or use credit cards, which can lead to debt problems. Living and working in Mont-Joli can be especially tough for those who are already facing money challenges.

Debt Relief Solutions Available

_{*Illustration of Mont-Joli, Quebec}

Debt Data

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

_{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.}

Areas / Neighbourhoods

• Downtown Mont-Joli
  The heart of the city, Downtown Mont-Joli offers a variety of shops, restaurants, and cultural attractions. It’s known for its vibrant atmosphere and accessibility, making it a popular spot for both locals and visitors.

• Parc de la rivière Mitis
  This scenic area features walking trails, picnic spots, and beautiful views of the Mitis River. It’s an ideal place for outdoor activities and family gatherings, while also showcasing the natural beauty of the region.

• Centre-ville de Mont-Joli
  A bustling area filled with essential services and amenities. It’s a great place for shopping and dining, attracting residents and travelers alike with its diverse offerings.

• Île de la Pointe
  A charming neighborhood that features stunning waterfront views and recreational parks. It is perfect for those looking to enjoy nature and engage in water activities such as kayaking and fishing.

• Mont-Joli Industrial Park
  While primarily an industrial area, this neighborhood is vital to the local economy. It houses several businesses and provides job opportunities, making it an integral part of Mont-Joli’s growth.

• Cascades de la Mitis
  Nestled near the river, this picturesque area is known for its beautiful waterfalls and natural landscapes. It’s a serene spot for hiking and photography, appealing to nature enthusiasts.

_{Illustration of Mont-Joli, Quebec, Canada}

Cost of Living

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

_{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 cost of living in Mont-Joli compared to other cities in Quebec?
2. How has the economic outlook for Mont-Joli changed in recent years?
3. What are the average rental prices for apartments in Mont-Joli?
4. What financial assistance programs are available for residents of Mont-Joli?
5. How do local wages in Mont-Joli compare to the provincial average?
6. What are the main financial challenges facing residents in Mont-Joli?
7. What is the unemployment rate in Mont-Joli and how does it affect the local economy?
   

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

Overview

Located in Quebec, this town is known for its rich cultural heritage and beautiful natural surroundings. It has a population of around 6,500 people and features scenic views near the mouth of the Matapédia River, which eventually flows into the St. Lawrence River. The area is known for its outdoor activities, including hiking, snowmobiling, and fishing, making it a popular spot for nature lovers. The local economy is supported by various sectors such as agriculture, tourism, and the health sciences, providing residents with opportunities for work and leisure. Additionally, the community celebrates various annual events that showcase its artistic and cultural vibrancy, enhancing the quality of life for its inhabitants.