Borrowing in Hanover, Manitoba

With 17,216 residents counted in the 2021 Census, Hanover sits inside Manitoba's provincial lending framework.

The census figures for Hanover

Statistics Canada's 2021 Census gives Hanover a population of 17,216. The community covers 730.4 square kilometres of land.

Population divided by land area produces a density of 23.6 people per square kilometre.

Hanover ranks 4 by population among the Manitoba places on this site.

The place record for Hanover covers 730.4 square kilometres and 17,216 residents, a density of 23.6 people per square kilometre.

Products compared here

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

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

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) count Manitoba among the provinces with payday lending rules, where the published maximum cost of borrowing is $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 under SOR/2024-114.

This community sits in the lower-middle population band, which changes the census figures rather than the rules.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. Joint applications combine two incomes and two sets of obligations in the same assessment.

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

The land area recorded for Hanover is 730.4 square kilometres, and the population is 17,216 residents in the 2021 Census.

The density figure for Hanover, 23.6 people per square kilometre, is calculated from the population and land area above.

Hanover appears in the census record with 17,216 residents, and the density of 23.6 people per square kilometre follows from it.

Hanover is one of 203 covered Manitoba places, counted at 17,216 residents with a land area of 730.4 square kilometres.

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

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

Hanover ranks 4 by 2021 Census population among the covered places in Manitoba.

At 17,216 residents in the 2021 Census, Hanover is listed alongside the other covered places in Manitoba.

Hanover sits at rank 4 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from 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.