Borrowing in Riverdale, Manitoba

Riverdale is one of the Manitoba places covered here, with 1,803 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

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, 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 in Manitoba, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

At the small end of the census range, the community still borrows inside the province's licensing system.

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.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. An application usually asks for identification, income evidence, banking details and a statement of obligations.

The census figures for Riverdale

Riverdale recorded a population of 1,803 in Statistics Canada's 2021 Census of Population. The census records a land area of 576.0 square kilometres for Riverdale.

Dividing population by land area gives 3.1 residents per square kilometre, rounded to one decimal place.

The community is the 90th largest place in the province within this census set.

Riverdale is one of 203 places listed for Manitoba, ranked 90 by population and measured at 576.0 square kilometres.

Products compared here

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

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

Riverdale is one of 203 covered Manitoba places, counted at 1,803 residents with a land area of 576.0 square kilometres.

The land area recorded for Riverdale is 576.0 square kilometres, and the population is 1,803 residents in the 2021 Census.

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

Riverdale sits at rank 90 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Riverdale ranks 90 by 2021 Census population among the covered places in Manitoba.

Riverdale appears in the census record with 1,803 residents, and the density of 3.1 people per square kilometre follows from it.

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

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

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

At 1,803 residents in the 2021 Census, Riverdale is listed alongside the other covered places in Manitoba.

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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.