Borrowing in Tobique 20, New Brunswick

Tobique 20 is one of the New Brunswick places covered here, with 1,080 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

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.

The federal Payday Lending Regulations (SOR/2024-114) list New Brunswick among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

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

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The census figures for Tobique 20

Tobique 20 recorded a population of 1,080 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 25.0 square kilometres of land for the community.

That gives a density of 43.2 people per square kilometre, rounded to one decimal place.

By population it ranks 141 among the New Brunswick places covered here.

Tobique 20 is one of 256 places listed for New Brunswick, ranked 141 by population and measured at 25.0 square kilometres.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• 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.

At 1,080 residents in the 2021 Census, Tobique 20 is listed alongside the other covered places in New Brunswick.

Where a figure for Tobique 20 could not be verified, the page names the publisher instead of printing a number.

Tobique 20 appears in the census record with 1,080 residents, and the density of 43.2 people per square kilometre follows from it.

The land area recorded for Tobique 20 is 25.0 square kilometres, and the population is 1,080 residents in the 2021 Census.

Readers comparing Tobique 20 with another community can use the same four census fields.

Tobique 20 sits at rank 141 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

Tobique 20 ranks 141 by 2021 Census population among the covered places in New Brunswick.

Nothing on the Tobique 20 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The density figure for Tobique 20, 43.2 people per square kilometre, is calculated from the population and land area above.

The Tobique 20 page follows the same structure as every other place page, with population, land area, density and rank.

For Tobique 20, the two census fields above are the only local statistics used anywhere on the page.

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.