Borrowing in Stony Creek 1, British Columbia

A loan taken out in Stony Creek 1 is governed by British Columbia's licensing rules, and the 2021 Census counted 323 people in the community.

The British Columbia rules that apply

Consumer credit in British Columbia is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Payday lending is licensed in British Columbia; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

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.

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. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

The census figures for Stony Creek 1

Stony Creek 1 recorded a population of 323 in Statistics Canada's 2021 Census of Population. The community covers 26.4 square kilometres of land.

Population divided by land area produces a density of 12.2 people per square kilometre.

The community is the 362nd largest place in the province within this census set.

Within British Columbia, Stony Creek 1 is place number 362 by population in this census set, at 323 residents.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• 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.

Stony Creek 1 is one of 460 covered British Columbia places, counted at 323 residents with a land area of 26.4 square kilometres.

Stony Creek 1 sits at rank 362 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 323 residents in the 2021 Census, Stony Creek 1 is listed alongside the other covered places in British Columbia.

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

Stony Creek 1 appears in the census record with 323 residents, and the density of 12.2 people per square kilometre follows from it.

Stony Creek 1 ranks 362 by 2021 Census population among the covered places in British Columbia.

The density figure for Stony Creek 1, 12.2 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Stony Creek 1 is 26.4 square kilometres, and the population is 323 residents in the 2021 Census.

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.

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