Borrowing in Tumbler Ridge, British Columbia

With 2,399 residents counted in the 2021 Census, Tumbler Ridge sits inside British Columbia's provincial lending framework.

The census figures for Tumbler Ridge

Tumbler Ridge recorded a population of 2,399 in Statistics Canada's 2021 Census of Population. The census records a land area of 1557.4 square kilometres for Tumbler Ridge.

Population divided by land area produces a density of 1.5 people per square kilometre.

By population it ranks 181 among the British Columbia places covered here.

Tumbler Ridge therefore appears at rank 181 of 460 covered British Columbia places, with a density of 1.5 people per square kilometre.

Products compared here

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

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

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, 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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

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

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

At 2,399 residents in the 2021 Census, Tumbler Ridge is listed alongside the other covered places in British Columbia.

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

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

The land area recorded for Tumbler Ridge is 1557.4 square kilometres, and the population is 2,399 residents in the 2021 Census.

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

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

Tumbler Ridge ranks 181 by 2021 Census population among the covered places in British Columbia.

Tumbler Ridge is one of 460 covered British Columbia places, counted at 2,399 residents with a land area of 1557.4 square kilometres.

Tumbler Ridge appears in the census record with 2,399 residents, and the density of 1.5 people per square kilometre follows from it.

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

The density figure for Tumbler Ridge, 1.5 people per square kilometre, is calculated from the population and land area above.

Tumbler Ridge sits at rank 181 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.

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.