Borrowing in Ohamil 1, British Columbia

This page covers borrowing in Ohamil 1, British Columbia: the census facts, the provincial rules, and the products people compare.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• 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 census figures for Ohamil 1

Ohamil 1 recorded a population of 150 in Statistics Canada's 2021 Census of Population. Land area for Ohamil 1 is 1.7 square kilometres in the same census.

On those two figures, density is 86.7 residents per square kilometre when rounded to one decimal place.

Ohamil 1 ranks 432 by population among the British Columbia places on this site.

Ohamil 1 is one of 460 places listed for British Columbia, ranked 432 by population and measured at 1.7 square kilometres.

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.

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

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

At 150 residents in the 2021 Census, Ohamil 1 is listed alongside the other covered places in British Columbia.

The density figure for Ohamil 1, 86.7 people per square kilometre, is calculated from the population and land area above.

Ohamil 1 appears in the census record with 150 residents, and the density of 86.7 people per square kilometre follows from it.

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

Ohamil 1 sits at rank 432 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Ohamil 1 is 1.7 square kilometres, and the population is 150 residents in the 2021 Census.

Ohamil 1 ranks 432 by 2021 Census population among the covered places in British Columbia.

Where a figure for Ohamil 1 could not be verified, the page names the publisher instead of printing a number.

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

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 provincial rules apply wherever a borrower is in British Columbia; a municipal boundary does not change them.