Pointe-Claire

Trusted Debt Relief Solutions From Trustees

Pointe-Claire, debt help, Quebec

Pointe-Claire, a picturesque city on Montreal’s waterfront, offers a rich community life but faces financial challenges. Rising taxes are set to increase by nearly 4% in 2024, impacting residents’ budgets. Additionally, local healthcare facilities struggle with debt, risking patient access and job stability. These factors could hinder the community’s affordability and sense of support, affecting overall debt relief efforts.

City: Pointe-Claire
Province/Territory: Quebec (QC), Canada
Est. Population: 33,488

Financial Challenges

Living in Pointe-Claire can be tough if you’re having money problems because the city’s taxes are going up. In 2024, taxes are expected to increase by almost 4%, which means an average family might have to pay an extra $158 each year. This happens because the city has to spend more money on things like snow removal, trash collection, and fixing buildings. When taxes go up, it can be harder to manage your monthly budget and pay for other necessities.

Another challenge is the trouble with local healthcare and community places. A big medical clinic group in Pointe-Claire is struggling with huge debts, which might affect many patients and jobs. This means it could be harder to get the medical help you need without spending more money. Additionally, community spots like the National Field of Honour are asking for more support to stay open. If these places don’t get enough help, it can make the community less supportive and more expensive to live in.

Debt Relief Solutions Available

Financial Planning

You are creating a detailed plan to manage your finances, including budgeting, setting financial goals, and saving for future needs. It's about gaining control over your money, making informed decisions, and reducing the likelihood of new debt.

Find out more about Financial Planning

Debt Management Plan

Pay off your debt through consolidated payments and sometimes lower interest rates. In a Debt Management Plan (DMP), a credit counselor works with creditors to negotiate terms that make your debt more manageable, resulting in a single monthly payment.

Find out more about Debt Management

Debt Consolidation

Combine multiple debts, such as credit card balances and personal loans, into a single loan with a lower interest rate. This can simplify your payment process and reduce the total interest charges over time, making it easier to pay down your debt.

Find out more about Debt Consolidation

Debt Settlement

Negotiate with your creditors to reduce the amount you owe in exchange for a reduced lump-sum payment. Creditors are willing to write off the debt because they receive immediate payment. Typically, these negotiations are handled by debt settlement companies.

Find out more about Debt Settlement

Consumer Proposal

A consumer proposal is a legally binding agreement between you and your creditors to repay a portion of your debt over an extended period. Administered by an LIT, the proposal will outline a fixed monthly payment plan you can afford.

Find out more about Consumer Proposals

Bankruptcy

Personal bankruptcy is a legal process that relieves individuals who cannot repay their debts. It involves erasing most of your unsecured debts and giving you a fresh financial start, but it also has a long-term impact on your credit rating.

Find out more about Bankruptcy


Pointe-Claire community event focused on debt relief resources and support for local residents.

*Illustration of Pointe-Claire, Quebec

Debt Data

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

ItemDescriptionEstimated
Living paycheck to paycheckNumber of residents who are living paycheck to paycheck15,739
Living in povertyNumber of residents who are living in poverty3,717
Debt defaultedNumber of residents who have defaulted on a debt payment365
InsolvenciesNumber of residents who filed for insolvency84
Consumer proposalNumber of residents who filed for a consumer proposal64
Personal bankruptcyNumber of residents who filed for personal bankruptcy20

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!

Write off up to 80% of your debts Reduce debts into one affordable monthly payment Stop all collections calls No interest and charges (completely frozen) Government-legislated debt relief programs

Areas / Neighbourhoods

  • Valois Village: Known for its charming atmosphere, Valois Village is a vibrant community providing a mix of boutique shops, cafes, and restaurants. Its proximity to Lake Saint-Louis makes it a popular spot for leisurely strolls and community events, particularly during the summer months.

  • Pointe-Claire Village: This historical area features beautiful heritage homes and quaint streets. The Pointe-Claire Village is adjacent to a scenic waterfront park, offering residents and visitors a picturesque setting for outdoor activities. The village also hosts various local artisans and vendors.

  • Pine Beach: This neighborhood offers easy access to Lake Saint-Louis and features a sandy beach, making it a favorite destination for families during the warmer months. Its residential streets are lined with trees and parks, providing a family-friendly environment.

  • Lakeview: Predominantly residential, Lakeview boasts larger homes and spacious yards, appealing to families looking for a suburban feel. Its peaceful streets are complemented by parks and recreational facilities, enhancing the community spirit.

  • Beaumont: A newer development that features modern homes and easy access to public transport. Beaumont is popular among young professionals and families due to its amenities and proximity to schools, parks, and shopping centers.

  • Cedar Park: Known for its sense of community, this neighborhood features a mix of single-family homes and townhouses. Cedar Park is family-oriented, with numerous parks, playgrounds, and schools, making it ideal for families with children.

  • Sunnyside: This neighborhood is characterized by its lush greenery and established homes, providing a serene environment. Sunnyside is also located near several parks and walking trails, perfect for outdoor enthusiasts.

  • L’Escarpement: A newer community that offers contemporary living with modern amenities. L’Escarpement is ideal for those seeking a blend of urban convenience and suburban tranquility, with easy access to major roadways and shopping areas.

Pointe-Claire community event focused on debt relief resources and support for local residents. Debt solutions available.

Illustration of Pointe-Claire, Quebec, Canada

Cost of Living

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

ItemDescriptionAverage 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 PriceAverage price to purchase a home$502,000
UtilitiesMonthly 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

  1. What is the cost of housing in Pointe-Claire compared to other cities in the Greater Montreal Area?
  2. How do property taxes in Pointe-Claire affect residents’ financial situations?
  3. What are the average salaries for common professions in Pointe-Claire?
  4. How has the economic outlook for Pointe-Claire changed in recent years?
  5. What are the key financial challenges residents face in Pointe-Claire?
  6. How does the cost of living in Pointe-Claire compare to other suburbs in Quebec?
  7. What local resources are available for financial assistance and economic guidance in Pointe-Claire?

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

Overview

Located on the Island of Montreal, this city is known for its picturesque waterfront along Lake Saint-Louis and lush green parks, making it a beautiful place for outdoor activities. It has a rich history, reflected in its charming heritage buildings and community events that celebrate its cultural diversity. Residents enjoy a blend of urban and suburban living, with well-maintained local amenities, schools, and recreational facilities that promote an active lifestyle. The strong sense of community and various social activities create a welcoming environment for families and newcomers alike.



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!

Write off up to 80% of your debts
Reduce debts into one affordable monthly payment
Stop all collections calls
No interest and charges (completely frozen)
Government-legislated debt relief programs