Borrowing in Matsqui 4, British Columbia

With 456 residents counted in the 2021 Census, Matsqui 4 sits inside British Columbia's provincial lending framework.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

How borrowing works locally

An application usually asks for identification, income evidence, banking details and a statement of obligations.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

The British Columbia rules that apply

Licensing for consumer credit in British Columbia sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) list British Columbia among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

At the small end of the census range, the community still borrows inside the province's licensing system.

The census figures for Matsqui 4

The 2021 Census counted 456 residents in Matsqui 4. Statistics Canada lists 0.3 square kilometres of land for the community.

That gives a density of 1628.6 people per square kilometre, rounded to one decimal place.

Among covered British Columbia places, Matsqui 4 sits at rank 331 by population.

Matsqui 4 sits at rank 331 among the 460 British Columbia places here, with 456 residents in the 2021 Census.

The Matsqui 4 page follows the same structure as every other place page, with population, land area, density and rank.

For Matsqui 4, the two census fields above are the only local statistics used anywhere on the page.

Nothing on the Matsqui 4 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The density figure for Matsqui 4, 1628.6 people per square kilometre, is calculated from the population and land area above.

Matsqui 4 appears in the census record with 456 residents, and the density of 1628.6 people per square kilometre follows from it.

Matsqui 4 ranks 331 by 2021 Census population among the covered places in British Columbia.

At 456 residents in the 2021 Census, Matsqui 4 is listed alongside the other covered places in British Columbia.

Matsqui 4 is one of 460 covered British Columbia places, counted at 456 residents with a land area of 0.3 square kilometres.

Matsqui 4 sits at rank 331 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Matsqui 4 could not be verified, the page names the publisher instead of printing a number.

The land area recorded for Matsqui 4 is 0.3 square kilometres, and the population is 456 residents in the 2021 Census.

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).

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.