Borrowing in Douglas, New Brunswick

With 5,935 residents counted in the 2021 Census, Douglas sits inside New Brunswick's provincial lending framework.

The New Brunswick rules that apply

The regulator for consumer credit in New Brunswick is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

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.

The lower-middle band covers towns of moderate size, none of which sets its own lending rules.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

The census figures for Douglas

In the 2021 Census, Douglas had 5,935 residents. 1443.3 square kilometres of land are attributed to Douglas.

That gives a density of 4.1 people per square kilometre, rounded to one decimal place.

By population it ranks 20 among the New Brunswick places covered here.

Within New Brunswick, Douglas is place number 20 by population in this census set, at 5,935 residents.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

Douglas is one of 256 covered New Brunswick places, counted at 5,935 residents with a land area of 1443.3 square kilometres.

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

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

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

The land area recorded for Douglas is 1443.3 square kilometres, and the population is 5,935 residents in the 2021 Census.

The density figure for Douglas, 4.1 people per square kilometre, is calculated from the population and land area above.

At 5,935 residents in the 2021 Census, Douglas is listed alongside the other covered places in New Brunswick.

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

Douglas ranks 20 by 2021 Census population among the covered places in New Brunswick.

Douglas appears in the census record with 5,935 residents, and the density of 4.1 people per square kilometre follows from it.

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

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).

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