Borrowing in Kangiqsujuaq, Quebec

This page covers borrowing in Kangiqsujuaq, Quebec: the census facts, the provincial rules, and the products people compare.

Products compared here

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

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

The Quebec rules that apply

The body that licenses consumer lending in Quebec is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

Payday lending is not licensed in Quebec; the federal Payday Lending Regulations (SOR/2024-114) list Quebec separately from the provinces that operate a licensed payday regime.

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

The census figures for Kangiqsujuaq

837 people were counted in Kangiqsujuaq in the 2021 Census. Statistics Canada lists 12.4 square kilometres of land for the community.

The arithmetic gives 67.4 people per square kilometre.

Its provincial population rank is 738 within this data set.

Within Quebec, Kangiqsujuaq is place number 738 by population in this census set, at 837 residents.

Kangiqsujuaq ranks 738 by 2021 Census population among the covered places in Quebec.

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

Kangiqsujuaq sits at rank 738 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 837 residents in the 2021 Census, Kangiqsujuaq is listed alongside the other covered places in Quebec.

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

Kangiqsujuaq is one of 1150 covered Quebec places, counted at 837 residents with a land area of 12.4 square kilometres.

Kangiqsujuaq appears in the census record with 837 residents, and the density of 67.4 people per square kilometre follows from it.

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

The density figure for Kangiqsujuaq, 67.4 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Kangiqsujuaq is 12.4 square kilometres, and the population is 837 residents in the 2021 Census.

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.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.