Borrowing in Manning, Alberta

With 1,126 residents counted in the 2021 Census, Manning sits inside Alberta's provincial lending framework.

The census figures for Manning

Statistics Canada's 2021 Census gives Manning a population of 1,126. The census records a land area of 3.7 square kilometres for Manning.

The arithmetic gives 303.5 people per square kilometre.

By population it ranks 183 among the Alberta places covered here.

Compared with the other 361 covered Alberta places, Manning ranks 183 by population.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

The Alberta rules that apply

Licensing for consumer credit in Alberta sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

A payday advance in Alberta falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Manning is one of 361 covered Alberta places, counted at 1,126 residents with a land area of 3.7 square kilometres.

Manning appears in the census record with 1,126 residents, and the density of 303.5 people per square kilometre follows from it.

The density figure for Manning, 303.5 people per square kilometre, is calculated from the population and land area above.

Readers comparing Manning with another community can use the same four census fields.

Where a figure for Manning could not be verified, the page names the publisher instead of printing a number.

For Manning, the two census fields above are the only local statistics used anywhere on the page.

Manning sits at rank 183 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

The Manning page follows the same structure as every other place page, with population, land area, density and rank.

At 1,126 residents in the 2021 Census, Manning is listed alongside the other covered places in Alberta.

Manning ranks 183 by 2021 Census population among the covered places in Alberta.

The land area recorded for Manning is 3.7 square kilometres, and the population is 1,126 residents in the 2021 Census.

Nothing on the Manning page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Where a figure could not be verified, the page names the publisher instead of printing a number.