Borrowing in Val-des-Lacs, Quebec

Val-des-Lacs, Quebec, recorded a population of 750 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Quebec rules that apply

The regulator for consumer credit in Quebec is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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 provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

The census figures for Val-des-Lacs

Statistics Canada's 2021 Census gives Val-des-Lacs a population of 750. Land area for Val-des-Lacs is 126.7 square kilometres in the same census.

The arithmetic gives 5.9 people per square kilometre.

By population it ranks 782 among the Quebec places covered here.

Val-des-Lacs therefore appears at rank 782 of 1150 covered Quebec places, with a density of 5.9 people per square kilometre.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

Readers comparing Val-des-Lacs with another community can use the same four census fields.

The density figure for Val-des-Lacs, 5.9 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Val-des-Lacs is 126.7 square kilometres, and the population is 750 residents in the 2021 Census.

Where a figure for Val-des-Lacs could not be verified, the page names the publisher instead of printing a number.

Val-des-Lacs sits at rank 782 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

Val-des-Lacs ranks 782 by 2021 Census population among the covered places in Quebec.

Val-des-Lacs appears in the census record with 750 residents, and the density of 5.9 people per square kilometre follows from it.

Val-des-Lacs is one of 1150 covered Quebec places, counted at 750 residents with a land area of 126.7 square kilometres.

For Val-des-Lacs, the two census fields above are the only local statistics used anywhere on the page.

At 750 residents in the 2021 Census, Val-des-Lacs is listed alongside the other covered places in Quebec.

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

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.

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