Borrowing in Fraser Lake, British Columbia

Fraser Lake, British Columbia, recorded a population of 965 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Fraser Lake

Population for Fraser Lake stands at 965 in the 2021 Census. Its land area is 4.1 square kilometres.

Population divided by land area produces a density of 237.7 people per square kilometre.

Fraser Lake ranks 278 by population among the British Columbia places on this site.

Within British Columbia, Fraser Lake is place number 278 by population in this census set, at 965 residents.

Products compared here

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

• 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) count British Columbia among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

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

Fraser Lake is one of 460 covered British Columbia places, counted at 965 residents with a land area of 4.1 square kilometres.

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

Fraser Lake sits at rank 278 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Fraser Lake, 237.7 people per square kilometre, is calculated from the population and land area above.

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

Fraser Lake ranks 278 by 2021 Census population among the covered places in British Columbia.

Fraser Lake appears in the census record with 965 residents, and the density of 237.7 people per square kilometre follows from it.

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

The land area recorded for Fraser Lake is 4.1 square kilometres, and the population is 965 residents in the 2021 Census.

At 965 residents in the 2021 Census, Fraser Lake is listed alongside the other covered places in British Columbia.

Where a figure for Fraser Lake 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.

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