Borrowing in Coldwell, Manitoba

Coldwell is one of the Manitoba communities covered here, with a 2021 Census population of 1,313, and borrowing there is licensed under Manitoba's consumer credit rules.

The census figures for Coldwell

Coldwell recorded a population of 1,313 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 891.9 square kilometres of land for the community.

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

By population it ranks 121 among the Manitoba places covered here.

The place record for Coldwell covers 891.9 square kilometres and 1,313 residents, a density of 1.5 people per square kilometre.

The Manitoba rules that apply

Consumer lending in Manitoba 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) 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.

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

How borrowing works locally

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

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 land area recorded for Coldwell is 891.9 square kilometres, and the population is 1,313 residents in the 2021 Census.

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

At 1,313 residents in the 2021 Census, Coldwell is listed alongside the other covered places in Manitoba.

Coldwell sits at rank 121 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

Coldwell appears in the census record with 1,313 residents, and the density of 1.5 people per square kilometre follows from it.

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

Coldwell is one of 203 covered Manitoba places, counted at 1,313 residents with a land area of 891.9 square kilometres.

Nothing on the Coldwell 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.

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 provincial rules apply wherever a borrower is in Manitoba; a municipal boundary does not change them.