Borrowing in Oakland-Wawanesa, Manitoba

Oakland-Wawanesa is one of the Manitoba communities covered here, with a 2021 Census population of 1,758, and borrowing there is licensed under Manitoba's consumer credit rules.

The Manitoba rules that apply

Consumer credit in Manitoba is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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.

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

The census figures for Oakland-Wawanesa

1,758 people were counted in Oakland-Wawanesa in the 2021 Census. The community covers 578.8 square kilometres of land.

That gives a density of 3.0 people per square kilometre, rounded to one decimal place.

Oakland-Wawanesa ranks 92 by population among the Manitoba places on this site.

Oakland-Wawanesa is one of 203 places listed for Manitoba, ranked 92 by population and measured at 578.8 square kilometres.

Products compared here

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

• 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.

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. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

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

Oakland-Wawanesa is one of 203 covered Manitoba places, counted at 1,758 residents with a land area of 578.8 square kilometres.

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

The land area recorded for Oakland-Wawanesa is 578.8 square kilometres, and the population is 1,758 residents in the 2021 Census.

Oakland-Wawanesa sits at rank 92 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Oakland-Wawanesa, 3.0 people per square kilometre, is calculated from the population and land area above.

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

Oakland-Wawanesa appears in the census record with 1,758 residents, and the density of 3.0 people per square kilometre follows from it.

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

At 1,758 residents in the 2021 Census, Oakland-Wawanesa is listed alongside the other covered places in Manitoba.

Readers comparing Oakland-Wawanesa with another community can use the same four census fields.

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.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.