Borrowing in Labelle, Quebec

A loan taken out in Labelle is governed by Quebec's licensing rules, and the 2021 Census counted 2,765 people in the community.

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.

Quebec is the province that does not license payday lending, so the federal cap that applies in licensed provinces has no provincial regime to sit inside.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

The census figures for Labelle

Statistics Canada's 2021 Census gives Labelle a population of 2,765. 196.7 square kilometres of land are attributed to Labelle.

That gives a density of 14.1 people per square kilometre, rounded to one decimal place.

By population it ranks 298 among the Quebec places covered here.

The place record for Labelle covers 196.7 square kilometres and 2,765 residents, a density of 14.1 people per square kilometre.

Products compared here

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

• 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.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Debt management plans are administered by accredited credit counsellors, and they are not loans. 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.

Labelle ranks 298 by 2021 Census population among the covered places in Quebec.

The density figure for Labelle, 14.1 people per square kilometre, is calculated from the population and land area above.

Labelle appears in the census record with 2,765 residents, and the density of 14.1 people per square kilometre follows from it.

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

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

The land area recorded for Labelle is 196.7 square kilometres, and the population is 2,765 residents in the 2021 Census.

At 2,765 residents in the 2021 Census, Labelle is listed alongside the other covered places in Quebec.

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

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

Labelle is one of 1150 covered Quebec places, counted at 2,765 residents with a land area of 196.7 square kilometres.

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

Labelle sits at rank 298 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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 Quebec; a municipal boundary does not change them.