Borrowing in Alma, New Brunswick

With 282 residents counted in the 2021 Census, Alma sits inside New Brunswick's provincial lending framework.

The census figures for Alma

The 2021 Census counted 282 residents in Alma. The census records a land area of 47.6 square kilometres for Alma.

Dividing population by land area gives 5.9 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 244 within this data set.

Alma is one of 256 places listed for New Brunswick, ranked 244 by population and measured at 47.6 square kilometres.

The New Brunswick rules that apply

Consumer lending in New Brunswick 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.

In New Brunswick, 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 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

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• 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.

Alma sits at rank 244 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

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

Alma appears in the census record with 282 residents, and the density of 5.9 people per square kilometre follows from it.

Alma ranks 244 by 2021 Census population among the covered places in New Brunswick.

At 282 residents in the 2021 Census, Alma is listed alongside the other covered places in New Brunswick.

The land area recorded for Alma is 47.6 square kilometres, and the population is 282 residents in the 2021 Census.

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

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

The density figure for Alma, 5.9 people per square kilometre, is calculated from the population and land area above.

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

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.

The provincial rules apply wherever a borrower is in New Brunswick; a municipal boundary does not change them.