Borrowing in Nicolet, Quebec

With 8,620 residents counted in the 2021 Census, Nicolet sits inside Quebec's provincial lending framework.

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.

The lower-middle band covers towns of moderate size, none of which sets its own lending rules.

How borrowing works locally

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

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. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

The census figures for Nicolet

The 2021 Census counted 8,620 residents in Nicolet. 96.1 square kilometres of land are attributed to Nicolet.

Dividing population by land area gives 89.7 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 121 in the province.

Nicolet therefore appears at rank 121 of 1150 covered Quebec places, with a density of 89.7 people per square kilometre.

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At 8,620 residents in the 2021 Census, Nicolet is listed alongside the other covered places in Quebec.

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

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

Nicolet appears in the census record with 8,620 residents, and the density of 89.7 people per square kilometre follows from it.

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

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

Nicolet ranks 121 by 2021 Census population among the covered places in Quebec.

Nicolet is one of 1150 covered Quebec places, counted at 8,620 residents with a land area of 96.1 square kilometres.

The land area recorded for Nicolet is 96.1 square kilometres, and the population is 8,620 residents in the 2021 Census.

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

Nicolet sits at rank 121 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Nicolet, 89.7 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.

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.