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Debt Consolidation and Debt Help to Brampton Residents
The Economy in Brampton
In the aftermath of a sinking auto sector, as well as the 2009 global financial meltdown, manufacturing employment in Brampton is down from historic levels. While some sectors are rebounding well from the economic turmoil others may not recover the jobs that were lost during the recession.
Recognizing this new economic reality, Brampton has begun shifting gears to attracting knowledge-based industries such as healthcare, business and finance, the legal sector and education.
At its core, it’s a shift toward creativity-oriented or knowledge-based occupations in order to move the local economy from traditional to information-age industries.
In 2010, the city saw 274 new businesses, employing 1,174 workers all created in that year. These new jobs helped to reduce Peel Region’s unemployment rate from 10.4 per cent in 2009 to 7.8 per in 2010.
Brampton also experienced considerable growth in the construction industry, which totalled more than $1.47 billion last year, second only to Toronto in the GTA.
If you have been seeking help with debt, you may have visited (or thought about visiting) a number of places:
- A loan for debt consolidation Brampton bank
- A Bankruptcy Trustee in Brampton
- Consumer Credit Counselling in Brampton
Debt can be stressful. There are so many reasons that people cannot pay their debts. Unexpected job loss, disability, divorce, addiction, failed businesses, issues with children, mismanagement of credit and income taxes are all common causes of financial crisis.
DebtCare Canada is a team of seasoned financial professionals who are capable of dealing with all types of financial situations.
To find out more call DebtCare Canada at 888-890-0888.