Borrowing in Leaf Rapids, Manitoba

This page covers borrowing in Leaf Rapids, Manitoba: the census facts, the provincial rules, and the products people compare.

The census figures for Leaf Rapids

Leaf Rapids recorded a population of 351 in Statistics Canada's 2021 Census of Population. Land area for Leaf Rapids is 1237.7 square kilometres in the same census.

Dividing population by land area gives 0.3 residents per square kilometre, rounded to one decimal place.

The community is the 185th largest place in the province within this census set.

Within Manitoba, Leaf Rapids is place number 185 by population in this census set, at 351 residents.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

The Manitoba rules that apply

Provincial or territorial law decides who may lend in Manitoba, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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).

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

The land area recorded for Leaf Rapids is 1237.7 square kilometres, and the population is 351 residents in the 2021 Census.

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

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

At 351 residents in the 2021 Census, Leaf Rapids is listed alongside the other covered places in Manitoba.

The density figure for Leaf Rapids, 0.3 people per square kilometre, is calculated from the population and land area above.

Leaf Rapids ranks 185 by 2021 Census population among the covered places in Manitoba.

Leaf Rapids appears in the census record with 351 residents, and the density of 0.3 people per square kilometre follows from it.

Leaf Rapids is one of 203 covered Manitoba places, counted at 351 residents with a land area of 1237.7 square kilometres.

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

Leaf Rapids sits at rank 185 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

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

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.