Borrowing in Metchosin, British Columbia

A loan taken out in Metchosin is governed by British Columbia's licensing rules, and the 2021 Census counted 5,067 people in the community.

The census figures for Metchosin

Metchosin recorded a population of 5,067 in Statistics Canada's 2021 Census of Population. The census records a land area of 69.6 square kilometres for Metchosin.

That gives a density of 72.8 people per square kilometre, rounded to one decimal place.

Metchosin ranks 99 by population among the British Columbia places on this site.

The place record for Metchosin covers 69.6 square kilometres and 5,067 residents, a density of 72.8 people per square kilometre.

The British Columbia rules that apply

The body that licenses consumer lending in British Columbia is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s 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.

Places in the lower-middle band group smaller towns and municipalities under the same provincial framework.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

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

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

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

Metchosin sits at rank 99 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Metchosin appears in the census record with 5,067 residents, and the density of 72.8 people per square kilometre follows from it.

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

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

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

Metchosin is one of 460 covered British Columbia places, counted at 5,067 residents with a land area of 69.6 square kilometres.

The density figure for Metchosin, 72.8 people per square kilometre, is calculated from the population and land area above.

Metchosin ranks 99 by 2021 Census population among the covered places in British Columbia.

The land area recorded for Metchosin is 69.6 square kilometres, and the population is 5,067 residents in the 2021 Census.

At 5,067 residents in the 2021 Census, Metchosin is listed alongside the other covered places in British Columbia.

Readers comparing Metchosin 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.

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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.