Borrowing in Clanwilliam-Erickson, Manitoba

Clanwilliam-Erickson is one of the Manitoba places covered here, with 1,012 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• 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.

The census figures for Clanwilliam-Erickson

1,012 people were counted in Clanwilliam-Erickson in the 2021 Census. The census records a land area of 358.1 square kilometres for Clanwilliam-Erickson.

Population divided by land area produces a density of 2.8 people per square kilometre.

Clanwilliam-Erickson ranks 147 by population among the Manitoba places on this site.

Clanwilliam-Erickson therefore appears at rank 147 of 203 covered Manitoba places, with a density of 2.8 people per square kilometre.

The Manitoba rules that apply

The body that licenses consumer lending in Manitoba is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

A payday advance in Manitoba falls under a provincial licensing regime, and the cost of borrowing is capped 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 according to the federal Payday Lending Regulations (SOR/2024-114).

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

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

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

Clanwilliam-Erickson sits at rank 147 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Clanwilliam-Erickson, 2.8 people per square kilometre, is calculated from the population and land area above.

Readers comparing Clanwilliam-Erickson with another community can use the same four census fields.

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

Clanwilliam-Erickson ranks 147 by 2021 Census population among the covered places in Manitoba.

At 1,012 residents in the 2021 Census, Clanwilliam-Erickson is listed alongside the other covered places in Manitoba.

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

Clanwilliam-Erickson appears in the census record with 1,012 residents, and the density of 2.8 people per square kilometre follows from it.

The land area recorded for Clanwilliam-Erickson is 358.1 square kilometres, and the population is 1,012 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.