Borrowing in Columbia Lake 3, British Columbia

Columbia Lake 3 is one of the British Columbia places covered here, with 149 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Columbia Lake 3

Statistics Canada's 2021 Census gives Columbia Lake 3 a population of 149. The community covers 36.0 square kilometres of land.

Population divided by land area produces a density of 4.1 people per square kilometre.

Its provincial population rank is 435 within this data set.

Columbia Lake 3 therefore appears at rank 435 of 460 covered British Columbia places, with a density of 4.1 people per square kilometre.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

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.

The federal Payday Lending Regulations (SOR/2024-114) list British Columbia among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

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

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Where a figure for Columbia Lake 3 could not be verified, the page names the publisher instead of printing a number.

The land area recorded for Columbia Lake 3 is 36.0 square kilometres, and the population is 149 residents in the 2021 Census.

Readers comparing Columbia Lake 3 with another community can use the same four census fields.

Columbia Lake 3 appears in the census record with 149 residents, and the density of 4.1 people per square kilometre follows from it.

Columbia Lake 3 is one of 460 covered British Columbia places, counted at 149 residents with a land area of 36.0 square kilometres.

For Columbia Lake 3, the two census fields above are the only local statistics used anywhere on the page.

At 149 residents in the 2021 Census, Columbia Lake 3 is listed alongside the other covered places in British Columbia.

Columbia Lake 3 ranks 435 by 2021 Census population among the covered places in British Columbia.

The density figure for Columbia Lake 3, 4.1 people per square kilometre, is calculated from the population and land area above.

Nothing on the Columbia Lake 3 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Columbia Lake 3 page follows the same structure as every other place page, with population, land area, density and rank.

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.