Saint-Germain-de-Grantham

Expert Debt Relief Services

_{Saint-Germain-de-Grantham, debt relief, Quebec}

Saint-Germain-de-Grantham, a rural community in Quebec with a population of about 4,922, faces economic challenges due to low average incomes and limited job opportunities in agriculture and manufacturing. This strains residents’ ability to cover basic expenses. Women particularly feel the financial pressure, and the lack of local resources for debt relief compounds the difficulties for those struggling with financial management.

City: Saint-Germain-de-Grantham
Province/Territory: Quebec (QC), Canada
Est. Population: 4,922

Financial Challenges

Living in Saint-Germain-de-Grantham can be tough for people who are struggling with money. The average income here is lower than in other parts of Canada, which makes it hard to pay for things like rent, groceries, and bills. Women in the community usually earn less than men, which can make it even more difficult for families to manage their expenses. With fewer job opportunities and wages that don’t grow much, many people find it hard to save money or pay off debts.

Working in Saint-Germain-de-Grantham often means relying on industries like farming or manufacturing, which can be unstable and sometimes lose jobs during tough times. This job instability adds extra stress for those trying to keep up with their financial needs. Additionally, because the town is small and resources are limited, there might not be enough local support or financial advice available to help people who are having money problems. All these factors together make living and working in Saint-Germain-de-Grantham challenging for those facing financial difficulties.

Debt Relief Solutions Available

_{*Illustration of Saint-Germain-de-Grantham, 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: This area serves as the heart of Saint-Germain-de-Grantham, featuring a blend of local shops, cafes, and community spaces. Residents and visitors often gather here for local events and activities.

• Parc des Cèdres: A popular recreational area, Parc des Cèdres is known for its green spaces and walking trails, making it an ideal spot for families and outdoor enthusiasts looking to enjoy nature and leisure activities.

• Quartier résidentiel de la Rue Principale: This residential neighborhood is characterized by charming homes and a tight-knit community atmosphere. It offers easy access to amenities and is favored by families seeking a peaceful living environment.

• Secteur de la Rivière: Located near the local river, this area is known for its picturesque views and recreational opportunities such as fishing and walking paths, attracting those who appreciate outdoor activities.

• Zone industrielle: The industrial zone is crucial for the local economy, hosting various businesses and manufacturing plants. It is a key area for employment and commerce within Saint-Germain-de-Grantham.

_{Illustration of Saint-Germain-de-Grantham, Quebec, Canada}

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Saint-Germain-de-Grantham, 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-Germain-de-Grantham compared to nearby cities?
2. How do housing prices in Saint-Germain-de-Grantham affect the overall economic outlook?
3. What are the average household incomes in Saint-Germain-de-Grantham?
4. What financial assistance programs are available for residents facing economic challenges in Saint-Germain-de-Grantham?
5. How has the job market been performing in Saint-Germain-de-Grantham over the past few years?
6. What impact do local taxes have on the financial situation of residents in Saint-Germain-de-Grantham?
7. Are there initiatives in place to support small businesses and entrepreneurs in Saint-Germain-de-Grantham?
   

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

Overview

This community in Quebec is located in the Centre-du-Québec region and has a population of about 4,922 people, according to the 2021 Census. The area covers about 87.47 square kilometers, resulting in a low population density of approximately 58 people per square kilometer. The town is primarily French-speaking, with over 96% of its residents using French as their first language. Known for its rural setting, it offers a mix of agricultural and small-scale manufacturing activities, contributing to its local economy. The community features several amenities such as parks, local shops, and recreational spaces, making it a pleasant place for families and individuals looking for a quiet lifestyle close to nature.