Borrowing in Kitamaat 2, British Columbia

With 507 residents counted in the 2021 Census, Kitamaat 2 sits inside British Columbia's provincial lending framework.

The census figures for Kitamaat 2

Statistics Canada's 2021 Census gives Kitamaat 2 a population of 507. 1.5 square kilometres of land are attributed to Kitamaat 2.

The calculated density is 335.8 people per square kilometre.

The community is the 322nd largest place in the province within this census set.

Kitamaat 2 is one of 460 places listed for British Columbia, ranked 322 by population and measured at 1.5 square kilometres.

The British Columbia rules that apply

The regulator for consumer credit in British Columbia is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Debt management plans are administered by accredited credit counsellors, and they are not loans. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Products compared here

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

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

Nothing on the Kitamaat 2 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Kitamaat 2 page follows the same structure as every other place page, with population, land area, density and rank.

At 507 residents in the 2021 Census, Kitamaat 2 is listed alongside the other covered places in British Columbia.

The density figure for Kitamaat 2, 335.8 people per square kilometre, is calculated from the population and land area above.

Kitamaat 2 is one of 460 covered British Columbia places, counted at 507 residents with a land area of 1.5 square kilometres.

Readers comparing Kitamaat 2 with another community can use the same four census fields.

Kitamaat 2 sits at rank 322 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

For Kitamaat 2, the two census fields above are the only local statistics used anywhere on the page.

Kitamaat 2 ranks 322 by 2021 Census population among the covered places in British Columbia.

Where a figure for Kitamaat 2 could not be verified, the page names the publisher instead of printing a number.

The land area recorded for Kitamaat 2 is 1.5 square kilometres, and the population is 507 residents in the 2021 Census.

Kitamaat 2 appears in the census record with 507 residents, and the density of 335.8 people per square kilometre follows from it.

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.