Borrowing in Alert Bay, British Columbia

Alert Bay is one of the British Columbia communities covered here, with a 2021 Census population of 449, and borrowing there is licensed under British Columbia's consumer credit rules.

The census figures for Alert Bay

449 people were counted in Alert Bay in the 2021 Census. Its land area is 1.7 square kilometres.

The calculated density is 265.7 people per square kilometre.

The 2021 Census population places it at rank 334 in the province.

Alert Bay therefore appears at rank 334 of 460 covered British Columbia places, with a density of 265.7 people per square kilometre.

The British Columbia rules that apply

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

In British Columbia, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. An application usually asks for identification, income evidence, banking details and a statement of obligations.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

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

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

Alert Bay appears in the census record with 449 residents, and the density of 265.7 people per square kilometre follows from it.

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

At 449 residents in the 2021 Census, Alert Bay is listed alongside the other covered places in British Columbia.

Alert Bay sits at rank 334 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Alert Bay, 265.7 people per square kilometre, is calculated from the population and land area above.

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

Alert Bay ranks 334 by 2021 Census population among the covered places in British Columbia.

Alert Bay is one of 460 covered British Columbia places, counted at 449 residents with a land area of 1.7 square kilometres.

The land area recorded for Alert Bay is 1.7 square kilometres, and the population is 449 residents in the 2021 Census.

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

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.