Borrowing in Redstone Flat 1, British Columbia

Redstone Flat 1, British Columbia, recorded a population of 181 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Redstone Flat 1

Population for Redstone Flat 1 stands at 181 in the 2021 Census. The census records a land area of 3.5 square kilometres for Redstone Flat 1.

Dividing population by land area gives 52.5 residents per square kilometre, rounded to one decimal place.

By population it ranks 417 among the British Columbia places covered here.

Within British Columbia, Redstone Flat 1 is place number 417 by population in this census set, at 181 residents.

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.

The federal Payday Lending Regulations (SOR/2024-114) count British Columbia among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A credit file is compiled by private agencies from information lenders and other creditors report.

Products compared here

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

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

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

At 181 residents in the 2021 Census, Redstone Flat 1 is listed alongside the other covered places in British Columbia.

The land area recorded for Redstone Flat 1 is 3.5 square kilometres, and the population is 181 residents in the 2021 Census.

Redstone Flat 1 is one of 460 covered British Columbia places, counted at 181 residents with a land area of 3.5 square kilometres.

Redstone Flat 1 appears in the census record with 181 residents, and the density of 52.5 people per square kilometre follows from it.

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

Redstone Flat 1 sits at rank 417 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Redstone Flat 1 ranks 417 by 2021 Census population among the covered places in British Columbia.

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

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

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

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.