Borrowing in Quaqtaq, Quebec

A loan taken out in Quaqtaq is governed by Quebec's licensing rules, and the 2021 Census counted 453 people in the community.

The Quebec rules that apply

Consumer lending in Quebec is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

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 is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Joint applications combine two incomes and two sets of obligations in the same assessment. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

The census figures for Quaqtaq

In the 2021 Census, Quaqtaq had 453 residents. The community covers 25.8 square kilometres of land.

Population divided by land area produces a density of 17.5 people per square kilometre.

The 2021 Census population places it at rank 956 in the province.

Quaqtaq is one of 1150 places listed for Quebec, ranked 956 by population and measured at 25.8 square kilometres.

Products compared here

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

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

Quaqtaq ranks 956 by 2021 Census population among the covered places in Quebec.

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

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

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

Quaqtaq is one of 1150 covered Quebec places, counted at 453 residents with a land area of 25.8 square kilometres.

At 453 residents in the 2021 Census, Quaqtaq is listed alongside the other covered places in Quebec.

Quaqtaq appears in the census record with 453 residents, and the density of 17.5 people per square kilometre follows from it.

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

Quaqtaq sits at rank 956 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Quaqtaq is 25.8 square kilometres, and the population is 453 residents in the 2021 Census.

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.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.