Borrowing in Valemount, British Columbia

Valemount is one of the British Columbia communities covered here, with a 2021 Census population of 1,052, and borrowing there is licensed under British Columbia's consumer credit rules.

The census figures for Valemount

Valemount recorded a population of 1,052 in Statistics Canada's 2021 Census of Population. Land area for Valemount is 5.2 square kilometres in the same census.

Population divided by land area produces a density of 203.9 people per square kilometre.

Among covered British Columbia places, Valemount sits at rank 272 by population.

Valemount is one of 460 places listed for British Columbia, ranked 272 by population and measured at 5.2 square kilometres.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

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.

In British Columbia, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

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 mortgage is registered against the property, which is what gives the lender its claim. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

At 1,052 residents in the 2021 Census, Valemount is listed alongside the other covered places in British Columbia.

The density figure for Valemount, 203.9 people per square kilometre, is calculated from the population and land area above.

Valemount is one of 460 covered British Columbia places, counted at 1,052 residents with a land area of 5.2 square kilometres.

Valemount sits at rank 272 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Valemount is 5.2 square kilometres, and the population is 1,052 residents in the 2021 Census.

Valemount appears in the census record with 1,052 residents, and the density of 203.9 people per square kilometre follows from it.

Valemount ranks 272 by 2021 Census population among the covered places in British Columbia.

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

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

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

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to 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.