Borrowing in Kitasoo 1, British Columbia

Kitasoo 1 is one of the British Columbia communities covered here, with a 2021 Census population of 217, and borrowing there is licensed under British Columbia's consumer credit rules.

The census figures for Kitasoo 1

Kitasoo 1 recorded a population of 217 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 3.1 square kilometres of land for the community.

On those two figures, density is 70.2 residents per square kilometre when rounded to one decimal place.

By population it ranks 404 among the British Columbia places covered here.

The place record for Kitasoo 1 covers 3.1 square kilometres and 217 residents, a density of 70.2 people per square kilometre.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

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.

A payday advance in British Columbia falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Kitasoo 1 is one of 460 covered British Columbia places, counted at 217 residents with a land area of 3.1 square kilometres.

Kitasoo 1 ranks 404 by 2021 Census population among the covered places in British Columbia.

The Kitasoo 1 page follows the same structure as every other place page, with population, land area, density and rank.

For Kitasoo 1, the two census fields above are the only local statistics used anywhere on the page.

At 217 residents in the 2021 Census, Kitasoo 1 is listed alongside the other covered places in British Columbia.

The land area recorded for Kitasoo 1 is 3.1 square kilometres, and the population is 217 residents in the 2021 Census.

Kitasoo 1 sits at rank 404 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing Kitasoo 1 with another community can use the same four census fields.

Kitasoo 1 appears in the census record with 217 residents, and the density of 70.2 people per square kilometre follows from it.

Nothing on the Kitasoo 1 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The density figure for Kitasoo 1, 70.2 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.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from 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.