Saint-Ambroise
Best Debt Relief & Consumer Proposal Help
Saint-Ambroise, debt relief, Quebec
Saint-Ambroise, a community in Quebec’s Saguenay-Lac-Saint-Jean region, has a population of 4,252 and covers 149.4 km². Despite a low unemployment rate of 4%, residents face financial challenges due to limited job opportunities, transportation costs, and high housing prices. The economy’s reliance on a few businesses exacerbates financial struggles, making debt relief options crucial for those in need.
City: Saint-Ambroise
Province/Territory: Quebec (QC), Canada
Est. Population: 3,546
Financial Challenges
Living in Saint-Ambroise can be hard for people who are struggling with money. There aren’t many jobs nearby, so many have to travel long distances to work, which means spending more on transportation. Housing might be expensive compared to the local wages, making it difficult to afford rent or mortgages. Also, with a lot of older people in the community, there might be fewer opportunities for young people to find good jobs.
Working in Saint-Ambroise has its own challenges. The local economy relies on a few types of businesses, so if those businesses have problems, there are fewer jobs available. The wider economic issues in Quebec, like rising unemployment and trade problems, can make it even harder to find stable work. People who are having money problems might also find it tough to get help or affordable services, adding more stress to their financial 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 PlanningDebt 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 ManagementDebt 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 ConsolidationDebt 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 SettlementConsumer 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 ProposalsBankruptcy
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
*Illustration of Saint-Ambroise, Quebec
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
| Item | Description | Estimated |
|---|---|---|
| Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 1,667 |
| Living in poverty | Number of residents who are living in poverty | 394 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 39 |
| Insolvencies | Number of residents who filed for insolvency | 9 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 7 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 2 |
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!
Areas / Neighbourhoods
Centre-Ville: The downtown area of Saint-Ambroise, known for its charming local shops, cafes, and community events. It serves as the social hub of the town, fostering a strong sense of community.
Parc des Ancêtres: A peaceful neighborhood featuring a beautiful park that pays homage to the town’s history. It’s a popular spot for families and provides recreational opportunities like walking trails and picnic areas.
Zone Industrielle: This industrial zone hosts several businesses and manufacturing facilities. Although primarily commercial, it plays a significant role in the local economy and job market, making it a key area in Saint-Ambroise.
Chemin des Seine: A residential neighborhood that offers scenic views of the nearby river. It is favored by families seeking a quiet and picturesque environment away from the busyness of urban life.
Avenue des Écoles: Home to educational institutions and community services, this area is bustling with parents and children, particularly during school hours. It fosters a family-friendly atmosphere and community engagement.
Rive de la Rivière: A waterfront neighborhood known for its beautiful river views and outdoor activities, including fishing and hiking. It’s a popular spot for nature lovers and those looking to enjoy the great outdoors.
Illustration of Saint-Ambroise, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Saint-Ambroise, Canada to help understand the financial requirements for different living situations.
| Item | Description | Average Cost |
|---|---|---|
| Housing (1BR) | Monthly rent for a 1-bedroom apartment | $1,270 |
| Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,750 |
| Average Home Price | Average price to purchase a home | $502,000 |
| Utilities | Monthly cost for electricity, heating, water, and garbage | $200 |
| 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 | $1,270 |
| Transportation (Car) | Monthly cost for car ownership | $550 |
| Childcare (Daycare) | Monthly cost for daycare | $650 |
| Childcare (After-School) | Monthly cost for after-school programs | $300 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the average cost of living in Saint-Ambroise, Quebec?
- How do housing prices in Saint-Ambroise compare to nearby regions?
- What types of job opportunities are available in Saint-Ambroise and what is the average salary?
- How has the economic outlook for Saint-Ambroise changed in recent years?
- What are the main financial challenges faced by residents of Saint-Ambroise?
- Are there any local government programs in Saint-Ambroise to assist residents with financial difficulties?
- What are the typical monthly expenses for a family living in Saint-Ambroise?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Saint-Ambroise is a friendly community located in the Saguenay-Lac-Saint-Jean region of Quebec, Canada, with a population of about 4,252 residents as of 2024. This municipality covers an area of 149.4 km² and has seen steady growth over the years, increasing its population from 3,636 in 2002. The majority of the residents are Canadian-born, with French as their first language. The community is characterized by a mix of families and single-person households, making up a diverse population ranging in age from children to seniors. With a low unemployment rate of 4%, it reflects a stable economic environment, but being rural, residents may face challenges related to access to services and job opportunities.
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!