Borrowing in Comox, British Columbia

Comox is one of the British Columbia communities covered here, with a 2021 Census population of 14,806, and borrowing there is licensed under British Columbia's consumer credit rules.

The British Columbia rules that apply

Provincial or territorial law decides who may lend in British Columbia, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

Payday lending is licensed in British Columbia; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

Municipalities of this size are grouped together here, with the province setting the licensing position for all of them.

The census figures for Comox

In the 2021 Census, Comox had 14,806 residents. Statistics Canada lists 16.9 square kilometres of land for the community.

The calculated density is 877.7 people per square kilometre.

Comox ranks 46 by population among the British Columbia places on this site.

Comox therefore appears at rank 46 of 460 covered British Columbia places, with a density of 877.7 people per square kilometre.

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.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

How borrowing works locally

An application usually asks for identification, income evidence, banking details and a statement of obligations.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A credit file is compiled by private agencies from information lenders and other creditors report.

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

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

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

Comox appears in the census record with 14,806 residents, and the density of 877.7 people per square kilometre follows from it.

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

Comox ranks 46 by 2021 Census population among the covered places in British Columbia.

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

The land area recorded for Comox is 16.9 square kilometres, and the population is 14,806 residents in the 2021 Census.

Comox sits at rank 46 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Comox is one of 460 covered British Columbia places, counted at 14,806 residents with a land area of 16.9 square kilometres.

The density figure for Comox, 877.7 people per square kilometre, is calculated from the population and land area above.

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.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.