Borrowing in Grand Falls, New Brunswick

This page covers borrowing in Grand Falls, New Brunswick: the census facts, the provincial rules, and the products people compare.

The census figures for Grand Falls

1,077 people were counted in Grand Falls in the 2021 Census. 158.1 square kilometres of land are attributed to Grand Falls.

The calculated density is 6.8 people per square kilometre.

Among covered New Brunswick places, Grand Falls sits at rank 142 by population.

The place record for Grand Falls covers 158.1 square kilometres and 1,077 residents, a density of 6.8 people per square kilometre.

The New Brunswick rules that apply

Licensing for consumer credit in New Brunswick sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

Payday lending is licensed in New Brunswick; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

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 lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. 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.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

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

Grand Falls sits at rank 142 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

The density figure for Grand Falls, 6.8 people per square kilometre, is calculated from the population and land area above.

Grand Falls appears in the census record with 1,077 residents, and the density of 6.8 people per square kilometre follows from it.

Grand Falls is one of 256 covered New Brunswick places, counted at 1,077 residents with a land area of 158.1 square kilometres.

The land area recorded for Grand Falls is 158.1 square kilometres, and the population is 1,077 residents in the 2021 Census.

Grand Falls ranks 142 by 2021 Census population among the covered places in New Brunswick.

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

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

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

At 1,077 residents in the 2021 Census, Grand Falls is listed alongside the other covered places in New Brunswick.

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.

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