Borrowing in Malahat 11, British Columbia

This page covers borrowing in Malahat 11, British Columbia: the census facts, the provincial rules, and the products people compare.

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.

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).

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

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time. 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.

The census figures for Malahat 11

Statistics Canada's 2021 Census gives Malahat 11 a population of 165. Land area for Malahat 11 is 2.5 square kilometres in the same census.

The arithmetic gives 67.3 people per square kilometre.

Among covered British Columbia places, Malahat 11 sits at rank 423 by population.

The place record for Malahat 11 covers 2.5 square kilometres and 165 residents, a density of 67.3 people per square kilometre.

Products compared here

Each product below has its own page, and the British Columbia position applies to all of them.

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

Malahat 11 ranks 423 by 2021 Census population among the covered places in British Columbia.

At 165 residents in the 2021 Census, Malahat 11 is listed alongside the other covered places in British Columbia.

Malahat 11 is one of 460 covered British Columbia places, counted at 165 residents with a land area of 2.5 square kilometres.

Nothing on the Malahat 11 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Malahat 11 sits at rank 423 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Malahat 11 is 2.5 square kilometres, and the population is 165 residents in the 2021 Census.

The density figure for Malahat 11, 67.3 people per square kilometre, is calculated from the population and land area above.

Where a figure for Malahat 11 could not be verified, the page names the publisher instead of printing a number.

For Malahat 11, the two census fields above are the only local statistics used anywhere on the page.

Malahat 11 appears in the census record with 165 residents, and the density of 67.3 people per square kilometre follows from it.

Readers comparing Malahat 11 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.

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.