Borrowing in Victoria, Manitoba

With 1,188 residents counted in the 2021 Census, Victoria sits inside Manitoba's provincial lending framework.

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.

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).

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Victoria

Victoria recorded a population of 1,188 in Statistics Canada's 2021 Census of Population. 703.5 square kilometres of land are attributed to Victoria.

On those two figures, density is 1.7 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 134 within this data set.

Victoria sits at rank 134 among the 203 Manitoba places here, with 1,188 residents in the 2021 Census.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. 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.

The density figure for Victoria, 1.7 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Victoria is 703.5 square kilometres, and the population is 1,188 residents in the 2021 Census.

At 1,188 residents in the 2021 Census, Victoria is listed alongside the other covered places in Manitoba.

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

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

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

Victoria appears in the census record with 1,188 residents, and the density of 1.7 people per square kilometre follows from it.

Victoria is one of 203 covered Manitoba places, counted at 1,188 residents with a land area of 703.5 square kilometres.

Victoria sits at rank 134 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Victoria ranks 134 by 2021 Census population among the covered places in Manitoba.

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

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

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.