Borrowing in Malartic, Quebec

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

The Quebec rules that apply

The regulator for consumer credit in Quebec is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) are explicit that Quebec does not license payday lending, which changes which rules a short-term advance falls under.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. A credit file is compiled by private agencies from information lenders and other creditors report.

The census figures for Malartic

Population for Malartic stands at 3,355 in the 2021 Census. Land area for Malartic is 147.4 square kilometres in the same census.

That gives a density of 22.8 people per square kilometre, rounded to one decimal place.

By population it ranks 248 among the Quebec places covered here.

Compared with the other 1150 covered Quebec places, Malartic ranks 248 by population.

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.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

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

At 3,355 residents in the 2021 Census, Malartic is listed alongside the other covered places in Quebec.

Malartic appears in the census record with 3,355 residents, and the density of 22.8 people per square kilometre follows from it.

The density figure for Malartic, 22.8 people per square kilometre, is calculated from the population and land area above.

Malartic sits at rank 248 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

Malartic ranks 248 by 2021 Census population among the covered places in Quebec.

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

The land area recorded for Malartic is 147.4 square kilometres, and the population is 3,355 residents in the 2021 Census.

Malartic is one of 1150 covered Quebec places, counted at 3,355 residents with a land area of 147.4 square kilometres.

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

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

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.