Borrowing in Masset, British Columbia

Masset is one of the British Columbia places covered here, with 838 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The British Columbia rules that apply

Consumer lending in British Columbia is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

The census figures for Masset

838 people were counted in Masset in the 2021 Census. Statistics Canada lists 20.7 square kilometres of land for the community.

The arithmetic gives 40.5 people per square kilometre.

Its provincial population rank is 285 within this data set.

Within British Columbia, Masset is place number 285 by population in this census set, at 838 residents.

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.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

The density figure for Masset, 40.5 people per square kilometre, is calculated from the population and land area above.

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

At 838 residents in the 2021 Census, Masset is listed alongside the other covered places in British Columbia.

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

The land area recorded for Masset is 20.7 square kilometres, and the population is 838 residents in the 2021 Census.

Masset is one of 460 covered British Columbia places, counted at 838 residents with a land area of 20.7 square kilometres.

Masset appears in the census record with 838 residents, and the density of 40.5 people per square kilometre follows from it.

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

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

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

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.