Borrowing in Hope, Quebec

Hope, Quebec, recorded a population of 584 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Products compared here

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

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The census figures for Hope

In the 2021 Census, Hope had 584 residents. The community covers 70.5 square kilometres of land.

That gives a density of 8.3 people per square kilometre, rounded to one decimal place.

Among covered Quebec places, Hope sits at rank 869 by population.

Hope sits at rank 869 among the 1150 Quebec places here, with 584 residents in the 2021 Census.

The Quebec rules that apply

Consumer lending in Quebec 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.

Quebec does not license payday lending, a fact the federal Payday Lending Regulations (SOR/2024-114) record when it lists the provinces that regulate the product.

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

The density figure for Hope, 8.3 people per square kilometre, is calculated from the population and land area above.

Hope sits at rank 869 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Hope is 70.5 square kilometres, and the population is 584 residents in the 2021 Census.

Hope appears in the census record with 584 residents, and the density of 8.3 people per square kilometre follows from it.

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

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

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

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

At 584 residents in the 2021 Census, Hope is listed alongside the other covered places in Quebec.

Hope is one of 1150 covered Quebec places, counted at 584 residents with a land area of 70.5 square kilometres.

Hope ranks 869 by 2021 Census population among the covered places in Quebec.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.