Borrowing in Opaskwayak Cree Nation 21B, Manitoba

Opaskwayak Cree Nation 21B is one of the Manitoba communities covered here, with a 2021 Census population of 278, and borrowing there is licensed under Manitoba's consumer credit rules.

The census figures for Opaskwayak Cree Nation 21B

Opaskwayak Cree Nation 21B recorded a population of 278 in Statistics Canada's 2021 Census of Population. The community covers 1.0 square kilometres of land.

On those two figures, density is 283.7 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 187 within this data set.

Opaskwayak Cree Nation 21B therefore appears at rank 187 of 203 covered Manitoba places, with a density of 283.7 people per square kilometre.

The Manitoba rules that apply

The body that licenses consumer lending in Manitoba is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

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).

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

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 mortgage is registered against the property, which is what gives the lender its claim.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

For Opaskwayak Cree Nation 21B, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Opaskwayak Cree Nation 21B with another community can use the same four census fields.

Nothing on the Opaskwayak Cree Nation 21B page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Opaskwayak Cree Nation 21B is one of 203 covered Manitoba places, counted at 278 residents with a land area of 1.0 square kilometres.

The density figure for Opaskwayak Cree Nation 21B, 283.7 people per square kilometre, is calculated from the population and land area above.

Opaskwayak Cree Nation 21B ranks 187 by 2021 Census population among the covered places in Manitoba.

Where a figure for Opaskwayak Cree Nation 21B could not be verified, the page names the publisher instead of printing a number.

Opaskwayak Cree Nation 21B sits at rank 187 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

At 278 residents in the 2021 Census, Opaskwayak Cree Nation 21B is listed alongside the other covered places in Manitoba.

The land area recorded for Opaskwayak Cree Nation 21B is 1.0 square kilometres, and the population is 278 residents in the 2021 Census.

Opaskwayak Cree Nation 21B appears in the census record with 278 residents, and the density of 283.7 people per square kilometre follows from it.

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.

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