Borrowing in Tahsis, British Columbia

Tahsis, British Columbia, recorded a population of 393 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

The census figures for Tahsis

Tahsis recorded a population of 393 in Statistics Canada's 2021 Census of Population. Its land area is 5.3 square kilometres.

Population divided by land area produces a density of 74.7 people per square kilometre.

The 2021 Census population places it at rank 345 in the province.

The place record for Tahsis covers 5.3 square kilometres and 393 residents, a density of 74.7 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.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

At 393 residents in the 2021 Census, Tahsis is listed alongside the other covered places in British Columbia.

The density figure for Tahsis, 74.7 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Tahsis is 5.3 square kilometres, and the population is 393 residents in the 2021 Census.

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

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

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

Tahsis is one of 460 covered British Columbia places, counted at 393 residents with a land area of 5.3 square kilometres.

Tahsis ranks 345 by 2021 Census population among the covered places in British Columbia.

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

Tahsis appears in the census record with 393 residents, and the density of 74.7 people per square kilometre follows from it.

Tahsis sits at rank 345 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Tahsis 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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.