Borrowing in Keremeos, British Columbia

A loan taken out in Keremeos is governed by British Columbia's licensing rules, and the 2021 Census counted 1,608 people in the community.

How borrowing works locally

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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.

The census figures for Keremeos

1,608 people were counted in Keremeos in the 2021 Census. Land area for Keremeos is 2.1 square kilometres in the same census.

The arithmetic gives 769.4 people per square kilometre.

Its provincial population rank is 234 within this data set.

Keremeos sits at rank 234 among the 460 British Columbia places here, with 1,608 residents in the 2021 Census.

The British Columbia rules that apply

The body that licenses consumer lending in British Columbia is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s 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.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The land area recorded for Keremeos is 2.1 square kilometres, and the population is 1,608 residents in the 2021 Census.

Keremeos is one of 460 covered British Columbia places, counted at 1,608 residents with a land area of 2.1 square kilometres.

Keremeos appears in the census record with 1,608 residents, and the density of 769.4 people per square kilometre follows from it.

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

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

The density figure for Keremeos, 769.4 people per square kilometre, is calculated from the population and land area above.

Keremeos ranks 234 by 2021 Census population among the covered places in British Columbia.

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

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

At 1,608 residents in the 2021 Census, Keremeos is listed alongside the other covered places in British Columbia.

Keremeos sits at rank 234 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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.