Saguenay is a city that is located in the central-eastern part of the province of Quebec. Formed in 2002, this young city takes up roughly 2,500 square kilometers of land and boasts a population of around 158,000 people.
It is known in Quebec for having some of the largest variances in climate, going as high as 38.4oC during the summer and reaching cold extremes as low as -43.3oC in the winter season.
As Saguenay is a new city, its economy is still under development and has yet to catch up with some of the larger cities within the province.
With that said, early reports are indicating that its economic growth will stem largely from biomedical sciences, genomics research, and applied technologies in the energy sector.
The average income for an employee in Saguenay is approximately $39,000, which is not too far off the provincial average.
Investors are looking to take advantage of the city’s large freshwater reserves and use them as a potential source for generating hydro, solar, and wind power energy.
In addition, due to its extensive forestation, there is great potential for the development of a logging sector in the city.
City: 1,279.70 km2
Land: 1,126.48 km2
Urban: 131.9 km2
Metro: 2,564.02 km2
Saguenay is touted as one of the best places for any outdoor enthusiast to live.
With many national parks in which to explore the abundant wildlife here, biking trails for aspiring outdoor cyclists, parks for those who want to take an enjoyable walk, and rivers that are suited for high-adrenaline rafting, you will be wondering how you will ever get through it all!
In the winter, its mountains turn into daring ski paths for those that are looking for some downhill thrills. Did we also mention the multiple public skating rinks that are open all day and all night?
When you aren’t busy soaking up the sun or dancing on the ice, there are also several historic museums to visit that represent some of Quebec’s finest historic moments.
You can even learn about the history of Saguenay and how it came to be the city that it is today. In the evening time, there are contemporary theatres and fine-dining venues for those looking for an exquisite bite to eat.
When Saguenay was formally constituted in the year 2002, it was the result of merging the former cities Chicoutimi, Jonquiere, and La Baie into one city. These are now regarded as the boroughs of Saguenay.
Out of all the three boroughs, Chicoutimi has the highest population density. It is home to UQAC, and is the youngest ‘former city’ out of all the three mentioned.
Notable amenities within this area include pubs and restaurants for those on a budget, golf courses, spas, paintball arenas, and go-karting. It is also home to the Place du Royaume, the largest shopping center within the Saguenay-Lac-Saint-Jean area. With over 150 stores available, there is something here for everyone!
Jonquiere is a secluded area that is located far away from the busier parts of Saguenay. This has consequently made it the least populated borough out of the three.
It allows for peace and quiet, something that is most welcome for those that enjoy that kind of lifestyle. Here you can expect to find vineyards, small movie theatres, and ski hills that you would not be able to find in the other boroughs.
La Baie is the oldest city of the three boroughs, having been the first colony to have been built and settled in the Saguenay-Lac-St-Jean region in 1838.
Here, you can find several small cafes that mimic the kind of atmosphere found in cafes in France. There are also history and science museums for those who wish to learn more about those subjects.
Last but not least, there are boutique gift shops that provide affordable souvenirs for those who are only visiting.
Despite the fact that Chicoutimi has the highest population out of all the three boroughs, you can expect to find fully detached townhomes and bungalows that have spacious front yards and backyards.
Most of these homes are fairly modern in design, and are best suited towards bachelors or small families that do not have a large amount of possessions.
It is also worth noting that many of these homes have single-car parking garages.
In the more populated areas of Chicoutimi, particularly in the downtown area, you can find several low-rise condos and apartments for rent in close proximity.
Jonquiere tends to have a similar composition of homes to Chicoutimi, except that there is a complete absence of condos or apartments. Instead, you have a high concentration of fully detached bungalows that are more traditional in design. As this area is fairly secluded in nature, there’s a far greater distance between homes.
La Baie is the most eclectic of the three Saguenay boroughs. Although it’s homes have the same features as the other boroughs’ residential homes” there tends to be diversity amongst the homes between traditional design and modern design. In addition to that, the homes are far larger in size and are able to accommodate multiple beds and bathrooms. These homes are ideal for bigger families looking to settle in Saguenay.
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The following table, based on data taken from the Canadian Real Estate Association (CREA’s) National MLS® Report for April 2016 (the latest information available), demonstrates how homes in LSTAR’s jurisdiction continue to maintain their affordability compared to other major Ontario and Canadian centers.
Burlington’s only major post-secondary institution is the DeGroote School of Business, which is associated with McMaster University.
This school is well known for offering a stellar MBA program and an undergraduate education in various business disciplines such as Executive Management.
With 29 public elementary schools and 13 private elementary schools to choose from, parents have many choices as to where they would like to send their kids. The elementary schools Canadian Martyrs and Maple Grove have stood out in past years due to their exceptional performance on standardized testing for reading, writing, and mathematics that has far exceeded the provincial average.