Borrowing in Montcalm, Quebec

With 632 residents counted in the 2021 Census, Montcalm sits inside Quebec's provincial lending framework.

The census figures for Montcalm

632 people were counted in Montcalm in the 2021 Census. The census records a land area of 117.7 square kilometres for Montcalm.

On those two figures, density is 5.4 residents per square kilometre when rounded to one decimal place.

The community is the 849th largest place in the province within this census set.

Within Quebec, Montcalm is place number 849 by population in this census set, at 632 residents.

The Quebec rules that apply

Consumer credit in Quebec is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Because Quebec does not license payday lending, no provincial payday cap applies there, and the federal Payday Lending Regulations (SOR/2024-114) note the distinction.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Products compared here

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

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

Montcalm ranks 849 by 2021 Census population among the covered places in Quebec.

At 632 residents in the 2021 Census, Montcalm is listed alongside the other covered places in Quebec.

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

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

Montcalm is one of 1150 covered Quebec places, counted at 632 residents with a land area of 117.7 square kilometres.

Montcalm appears in the census record with 632 residents, and the density of 5.4 people per square kilometre follows from it.

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

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

The land area recorded for Montcalm is 117.7 square kilometres, and the population is 632 residents in the 2021 Census.

Montcalm sits at rank 849 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

The density figure for Montcalm, 5.4 people per square kilometre, is calculated from the population and land area above.

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

The provincial rules apply wherever a borrower is in Quebec; a municipal boundary does not change them.