Borrowing in Lorne, Manitoba

A loan taken out in Lorne is governed by Manitoba's licensing rules, and the 2021 Census counted 2,904 people in the community.

The census figures for Lorne

In the 2021 Census, Lorne had 2,904 residents. The community covers 923.0 square kilometres of land.

That gives a density of 3.1 people per square kilometre, rounded to one decimal place.

The community is the 55th largest place in the province within this census set.

Lorne sits at rank 55 among the 203 Manitoba places here, with 2,904 residents in the 2021 Census.

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.

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.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

Products compared here

Each product below has its own page, and the Manitoba position applies to all of them.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

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

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

The density figure for Lorne, 3.1 people per square kilometre, is calculated from the population and land area above.

Lorne appears in the census record with 2,904 residents, and the density of 3.1 people per square kilometre follows from it.

Lorne sits at rank 55 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Lorne is 923.0 square kilometres, and the population is 2,904 residents in the 2021 Census.

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

At 2,904 residents in the 2021 Census, Lorne is listed alongside the other covered places in Manitoba.

Lorne is one of 203 covered Manitoba places, counted at 2,904 residents with a land area of 923.0 square kilometres.

For Lorne, 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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