Borrowing in Squinas 2, British Columbia

Squinas 2 is one of the British Columbia communities covered here, with a 2021 Census population of 137, and borrowing there is licensed under British Columbia's consumer credit rules.

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, cap the cost of borrowing at $14 per $100 advanced in British Columbia, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

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

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

The census figures for Squinas 2

The 2021 Census counted 137 residents in Squinas 2. The census records a land area of 4.2 square kilometres for Squinas 2.

That gives a density of 32.9 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 441 within this data set.

Squinas 2 therefore appears at rank 441 of 460 covered British Columbia places, with a density of 32.9 people per square kilometre.

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.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

The density figure for Squinas 2, 32.9 people per square kilometre, is calculated from the population and land area above.

For Squinas 2, the two census fields above are the only local statistics used anywhere on the page.

At 137 residents in the 2021 Census, Squinas 2 is listed alongside the other covered places in British Columbia.

Squinas 2 ranks 441 by 2021 Census population among the covered places in British Columbia.

The Squinas 2 page follows the same structure as every other place page, with population, land area, density and rank.

Nothing on the Squinas 2 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Squinas 2 is one of 460 covered British Columbia places, counted at 137 residents with a land area of 4.2 square kilometres.

The land area recorded for Squinas 2 is 4.2 square kilometres, and the population is 137 residents in the 2021 Census.

Where a figure for Squinas 2 could not be verified, the page names the publisher instead of printing a number.

Squinas 2 appears in the census record with 137 residents, and the density of 32.9 people per square kilometre follows from it.

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 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.