Borrowing in Oka, Quebec

With 3,968 residents counted in the 2021 Census, Oka sits inside Quebec's provincial lending framework.

The Quebec rules that apply

Provincial or territorial law decides who may lend in Quebec, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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

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

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The census figures for Oka

In the 2021 Census, Oka had 3,968 residents. 57.0 square kilometres of land are attributed to Oka.

Dividing population by land area gives 69.6 residents per square kilometre, rounded to one decimal place.

By population it ranks 218 among the Quebec places covered here.

Compared with the other 1150 covered Quebec places, Oka ranks 218 by population.

Products compared here

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

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

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

The land area recorded for Oka is 57.0 square kilometres, and the population is 3,968 residents in the 2021 Census.

Oka ranks 218 by 2021 Census population among the covered places in Quebec.

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

Oka is one of 1150 covered Quebec places, counted at 3,968 residents with a land area of 57.0 square kilometres.

At 3,968 residents in the 2021 Census, Oka is listed alongside the other covered places in Quebec.

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

Oka appears in the census record with 3,968 residents, and the density of 69.6 people per square kilometre follows from it.

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

The density figure for Oka, 69.6 people per square kilometre, is calculated from the population and land area above.

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

Oka sits at rank 218 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.

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.