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DebtCare Offers Debt Consolidation and Debt Help to Oshawa Residents
The Economy in Oshawa
Oshawa is headquarters to General Motors Canada, which has large-scale manufacturing and administrative operations in the city and employs thousands both directly and indirectly. The southern half of the city consists of industrial zones and compact housing designed for early 20th century industrial workers, while the northern half has a suburban feel more typical of later decades.
Although the workforce at General Motors of Canada has shrunk dramatically in recent years, the company continues to make significant technology and capital investments at its sites in Oshawa. While the company’s once essential role in the local economy has diminished, it remains the largest local employer.
Oshawa has become one of the fastest growing cities in Canada because many commuters have been enticed to Oshawa by comparatively low housing prices and the regular rail service into downtown Toronto provided by GO Transit and Via Rail.
In Oshawa, mass layoffs at the GM plant (and the local businesses that were suppliers to GM that also felt the impact of the labour dispute) as well as the recession have pushed some folks to their limits, not because they don’t want to pay their debts but because they can’t.
If you have been seeking help with debt, you may have visited (or thought about visiting) a number of places:
- Your Oshawa bank for a debt consolidation loan
- A Bankruptcy Trustee in Oshawa
- Consumer Credit Counselling in Oshawa
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.
To find out more call DebtCare Canada at 888-890-0888