Borrowing in Sept-Îles, Quebec

With 24,569 residents counted in the 2021 Census, Sept-Îles sits inside Quebec's provincial lending framework.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. An application usually asks for identification, income evidence, banking details and a statement of obligations.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

The census figures for Sept-Îles

In the 2021 Census, Sept-Îles had 24,569 residents. The community covers 1742.9 square kilometres of land.

Dividing population by land area gives 14.1 residents per square kilometre, rounded to one decimal place.

Among covered Quebec places, Sept-Îles sits at rank 46 by population.

Sept-Îles therefore appears at rank 46 of 1150 covered Quebec places, with a density of 14.1 people per square kilometre.

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.

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.

Size changes the census figures, not the rules; this community falls in the lower-middle band.

The land area recorded for Sept-Îles is 1742.9 square kilometres, and the population is 24,569 residents in the 2021 Census.

At 24,569 residents in the 2021 Census, Sept-Îles is listed alongside the other covered places in Quebec.

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

Sept-Îles is one of 1150 covered Quebec places, counted at 24,569 residents with a land area of 1742.9 square kilometres.

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

The density figure for Sept-Îles, 14.1 people per square kilometre, is calculated from the population and land area above.

Sept-Îles appears in the census record with 24,569 residents, and the density of 14.1 people per square kilometre follows from it.

Readers comparing Sept-Îles with another community can use the same four census fields.

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

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

Sept-Îles sits at rank 46 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Sept-Îles ranks 46 by 2021 Census population among the covered places in Quebec.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.