Borrowing in Pitt Meadows, British Columbia

With 19,146 residents counted in the 2021 Census, Pitt Meadows sits inside British Columbia's provincial lending framework.

The census figures for Pitt Meadows

Statistics Canada's 2021 Census gives Pitt Meadows a population of 19,146. 86.3 square kilometres of land are attributed to Pitt Meadows.

On those two figures, density is 221.8 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 37 in the province.

Compared with the other 460 covered British Columbia places, Pitt Meadows ranks 37 by population.

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.

• 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.

The British Columbia rules that apply

Provincial or territorial law decides who may lend in British Columbia, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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).

Municipalities of this size are grouped together here, with the province setting the licensing position for all of them.

How borrowing works locally

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.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A mortgage is registered against the property, which is what gives the lender its claim.

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

Pitt Meadows appears in the census record with 19,146 residents, and the density of 221.8 people per square kilometre follows from it.

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

Pitt Meadows ranks 37 by 2021 Census population among the covered places in British Columbia.

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

At 19,146 residents in the 2021 Census, Pitt Meadows is listed alongside the other covered places in British Columbia.

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

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

The density figure for Pitt Meadows, 221.8 people per square kilometre, is calculated from the population and land area above.

Pitt Meadows is one of 460 covered British Columbia places, counted at 19,146 residents with a land area of 86.3 square kilometres.

Pitt Meadows sits at rank 37 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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