Borrowing in Grand Forks, British Columbia

Grand Forks is one of the British Columbia places covered here, with 4,112 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

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.

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.

The census figures for Grand Forks

Population for Grand Forks stands at 4,112 in the 2021 Census. The community covers 10.4 square kilometres of land.

Population divided by land area produces a density of 396.5 people per square kilometre.

By population it ranks 125 among the British Columbia places covered here.

Compared with the other 460 covered British Columbia places, Grand Forks ranks 125 by population.

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.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

How borrowing works locally

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

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Grand Forks appears in the census record with 4,112 residents, and the density of 396.5 people per square kilometre follows from it.

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

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

The density figure for Grand Forks, 396.5 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Grand Forks is 10.4 square kilometres, and the population is 4,112 residents in the 2021 Census.

Grand Forks ranks 125 by 2021 Census population among the covered places in British Columbia.

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

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

At 4,112 residents in the 2021 Census, Grand Forks is listed alongside the other covered places in British Columbia.

Grand Forks is one of 460 covered British Columbia places, counted at 4,112 residents with a land area of 10.4 square kilometres.

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

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

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

The provincial rules apply wherever a borrower is in British Columbia; a municipal boundary does not change them.