Temiscouata-sur-le-Lac
Expert Debt Relief & Consumer Proposals
Temiscouata-sur-le-Lac, debt relief, Quebec
Temiscouata-sur-le-Lac, a scenic town in Quebec, faces financial challenges due to its reliance on unstable tourism, forestry, and manufacturing jobs. This can lead to income fluctuations, making future planning difficult. With a predominantly French-speaking population, job opportunities may be limited for English speakers. Additionally, an older demographic results in strained services, complicating access to debt relief resources and financial advice.
City: Temiscouata-sur-le-Lac
Province/Territory: Quebec (QC), Canada
Est. Population: 5,096
Financial Challenges
Living in Témiscouata-sur-le-Lac can be tough if you’re having money problems. The town relies a lot on jobs in tourism, forestry, and manufacturing, which can be unstable. This means that your income might go up and down, making it hard to plan for the future. Also, since most people speak only French, finding jobs that require English skills can be difficult, limiting your opportunities to earn more money.
Another challenge is that the population is older, so there are fewer people to support services and jobs for everyone. This can make things like healthcare more expensive and harder to access. Additionally, in a small community, there might not be many places to get help with managing debt or getting financial advice. Without these resources, it can be harder to solve money problems and improve your 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 Temiscouata-sur-le-Lac, 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 | 2,395 |
Living in poverty | Number of residents who are living in poverty | 566 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 56 |
Insolvencies | Number of residents who filed for insolvency | 13 |
Consumer proposal | Number of residents who filed for a consumer proposal | 10 |
Personal bankruptcy | Number of residents who filed for personal bankruptcy | 3 |
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
Notre-Dame-du-Lac
A vibrant community located along the eastern shoreline of Lake Temiscouata, known for its picturesque views and access to recreational activities like boating and fishing. This area also features local shops and establishments that add to its charm.Cabano
Situated near the junction of the Temiscouata River and the Saint Lawrence Seaway, Cabano boasts a rich history and is recognized for its beautiful waterfront parks. It is a key hub for community events and cultural activities.Témiscouata-sur-le-Lac
This central area combines the natural beauty of the lake with residential neighborhoods. It is dotted with amenities, such as schools, parks, and community services, making it a desirable location for families.Saint-Paul-de-Témiscouata
A serene, rural neighborhood that is popular for its agricultural landscapes and cultural heritage. Known for its tight-knit community, this area hosts various local festivals and gatherings throughout the year.Lac-Des-Iles
A tranquil area that offers a blend of natural beauty and recreational opportunities. The lake is a major draw for outdoor enthusiasts, with activities such as fishing, hiking, and winter sports being popular among residents and visitors.

Illustration of Temiscouata-sur-le-Lac, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Temiscouata-sur-le-Lac, 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 cost of living in Temiscouata-sur-le-Lac compared to other cities in Quebec?
- How does the economic outlook for Temiscouata-sur-le-Lac look for the next few years?
- What are the average salaries for residents of Temiscouata-sur-le-Lac?
- What financial assistance programs are available for low-income residents of Temiscouata-sur-le-Lac?
- How does housing affordability in Temiscouata-sur-le-Lac compare to the provincial average?
- What are the primary industries contributing to the economy of Temiscouata-sur-le-Lac?
- What challenges do residents of Temiscouata-sur-le-Lac face in terms of employment and job opportunities?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in the Bas-Saint-Laurent region of Quebec, this city is situated alongside Lake Témiscouata, offering beautiful waterfront views and access to outdoor activities like fishing and hiking. With a population of just over 5,000, it has a calm, rural feel supported by industries such as tourism, forestry, and manufacturing. The community is predominantly French-speaking, which influences local culture and services. The area is known for its rich natural scenery, including mountains and forests, making it a great spot for nature lovers. Many residents enjoy a close-knit community atmosphere, which contributes to the overall quality of life.
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!