Saint-Cyrille-de-Wendover

Credit Counselling Services

_{Saint-Cyrille-de-Wendover, debt relief, Quebec}

Saint-Cyrille-de-Wendover, a rural municipality in Centre-du-Québec, faces financial challenges due to limited job opportunities and high costs of living, particularly for families with young children. With a projected population growth, there may be potential for new services. However, residents often struggle with debt and expenses, necessitating debt relief strategies like consumer proposals or credit counselling.

City: Saint-Cyrille-de-Wendover
Province/Territory: Quebec (QC), Canada
Est. Population: 4,920

Financial Challenges

Living in Saint-Cyrille-de-Wendover can be tough for people who are having money problems. Many families have to spend a lot on things like childcare and school supplies because about a quarter of the population are young children. Since the town is rural, there aren’t as many job opportunities, which can make it hard to earn enough money. Transportation can also be expensive because there are limited public buses, so people often need to use their own cars, which costs more.

For those struggling financially, managing everyday expenses can be a challenge. With fewer businesses and services in the area, finding affordable places to buy groceries or get repairs done can be difficult. Sometimes, people have to rely on credit cards or loans to cover unexpected costs, which can lead to more debt. Additionally, if there are not many jobs that pay well, it becomes harder to save money or pay off bills, making it a stressful place to live when money is tight.

Debt Relief Solutions Available

_{*Illustration of Saint-Cyrille-de-Wendover, 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

• Centre-Ville
  The heart of Saint-Cyrille-de-Wendover, Centre-Ville features local shops, cafes, and essential services. It serves as a gathering place for residents and is known for its community events.

• Parc des Érables
  This neighborhood is known for its beautiful park, which is popular among families and outdoor enthusiasts. It offers playgrounds, walking trails, and picnic areas, making it a favorite spot for leisure activities.

• Chemin de la Rivière
  Located along the river, this area is known for its scenic views and tranquil environment. It attracts nature lovers and those looking for a peaceful residential area.

• Rue des Acadiens
  A vibrant residential neighborhood with a strong sense of community. Rue des Acadiens is characterized by its family-friendly atmosphere and access to local schools and amenities.

• Quartier des Lacs
  This neighborhood is distinguished by its proximity to several small lakes, offering recreational opportunities such as fishing and boating. It is popular among those who appreciate outdoor living and nature.

• Avenue de la Paix
  A quiet residential area that is well-liked for its tree-lined streets and friendly atmosphere. The Avenue de la Paix offers a mix of older homes and newer constructions, making it appealing to a variety of residents.

_{Illustration of Saint-Cyrille-de-Wendover, Quebec, Canada}

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Saint-Cyrille-de-Wendover, 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 Saint-Cyrille-de-Wendover compared to other cities in Quebec?
2. How does the economic outlook for Saint-Cyrille-de-Wendover affect local businesses and employment opportunities?
3. What financial assistance programs are available for residents struggling with housing costs in Saint-Cyrille-de-Wendover?
4. What are the average household incomes in Saint-Cyrille-de-Wendover, and how do they compare to provincial averages?
5. How does property tax in Saint-Cyrille-de-Wendover impact residents’ financial challenges?
6. What are the major industries contributing to the economy of Saint-Cyrille-de-Wendover, and how do they influence local job markets?
7. Are there local resources or organizations that provide financial education for residents of Saint-Cyrille-de-Wendover?
   

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

Overview

Located in the Centre-du-Québec region, this municipality has a population of around 4,920 people, with a slight increase noted in recent years. It is characterized by a rural atmosphere, featuring an area of 110.2 square kilometers and a population density of approximately 44.6 inhabitants per square kilometer. About 24% of the residents are children aged 0-14, suggesting the presence of young families in the community. The local economy relies on primary industries, which can affect job opportunities and income levels, leading to financial challenges for households. With an estimated growth in population to about 5,159 by 2024, opportunities may arise for new local services and sectors, particularly in farming and light manufacturing.