Borrowing in Teulon, Manitoba

Teulon is one of the Manitoba communities covered here, with a 2021 Census population of 1,196, and borrowing there is licensed under Manitoba's consumer credit rules.

The census figures for Teulon

The 2021 Census counted 1,196 residents in Teulon. 3.2 square kilometres of land are attributed to Teulon.

Dividing population by land area gives 370.3 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 133 in the province.

Teulon therefore appears at rank 133 of 203 covered Manitoba places, with a density of 370.3 people per square kilometre.

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.

In Manitoba, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $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 under SOR/2024-114.

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

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Products compared here

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

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

The land area recorded for Teulon is 3.2 square kilometres, and the population is 1,196 residents in the 2021 Census.

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

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

At 1,196 residents in the 2021 Census, Teulon is listed alongside the other covered places in Manitoba.

Teulon sits at rank 133 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Teulon ranks 133 by 2021 Census population among the covered places in Manitoba.

Teulon appears in the census record with 1,196 residents, and the density of 370.3 people per square kilometre follows from it.

The density figure for Teulon, 370.3 people per square kilometre, is calculated from the population and land area above.

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

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

Teulon is one of 203 covered Manitoba places, counted at 1,196 residents with a land area of 3.2 square kilometres.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.