Borrowing in Chemawawin 2, Manitoba

A loan taken out in Chemawawin 2 is governed by Manitoba's licensing rules, and the 2021 Census counted 1,264 people in the community.

The Manitoba rules that apply

Licensing for consumer credit in Manitoba sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) list Manitoba among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced.

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

The census figures for Chemawawin 2

Statistics Canada's 2021 Census gives Chemawawin 2 a population of 1,264. The community covers 2.5 square kilometres of land.

Population divided by land area produces a density of 503.6 people per square kilometre.

Chemawawin 2 ranks 128 by population among the Manitoba places on this site.

The place record for Chemawawin 2 covers 2.5 square kilometres and 1,264 residents, a density of 503.6 people per square kilometre.

Products compared here

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

• 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.

How borrowing works locally

A mortgage is registered against the property, which is what gives the lender its claim.

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.

At 1,264 residents in the 2021 Census, Chemawawin 2 is listed alongside the other covered places in Manitoba.

The land area recorded for Chemawawin 2 is 2.5 square kilometres, and the population is 1,264 residents in the 2021 Census.

Chemawawin 2 is one of 203 covered Manitoba places, counted at 1,264 residents with a land area of 2.5 square kilometres.

Chemawawin 2 appears in the census record with 1,264 residents, and the density of 503.6 people per square kilometre follows from it.

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

The density figure for Chemawawin 2, 503.6 people per square kilometre, is calculated from the population and land area above.

Chemawawin 2 sits at rank 128 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Chemawawin 2 ranks 128 by 2021 Census population among the covered places in Manitoba.

Readers comparing Chemawawin 2 with another community can use the same four census fields.

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

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

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

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).

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.