Borrowing in Waswanipi, Quebec

Waswanipi, Quebec, recorded a population of 459 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Quebec rules that apply

Licensing for consumer credit in Quebec sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) are explicit that Quebec does not license payday lending, which changes which rules a short-term advance falls under.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

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. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

The census figures for Waswanipi

459 people were counted in Waswanipi in the 2021 Census. Statistics Canada lists 385.8 square kilometres of land for the community.

The calculated density is 1.2 people per square kilometre.

Among covered Quebec places, Waswanipi sits at rank 950 by population.

Waswanipi therefore appears at rank 950 of 1150 covered Quebec places, with a density of 1.2 people per square kilometre.

Products compared here

Each product below has its own page, and the Quebec position applies to all of them.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

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

At 459 residents in the 2021 Census, Waswanipi is listed alongside the other covered places in Quebec.

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

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

Waswanipi appears in the census record with 459 residents, and the density of 1.2 people per square kilometre follows from it.

The density figure for Waswanipi, 1.2 people per square kilometre, is calculated from the population and land area above.

Waswanipi is one of 1150 covered Quebec places, counted at 459 residents with a land area of 385.8 square kilometres.

Waswanipi ranks 950 by 2021 Census population among the covered places in Quebec.

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

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

The land area recorded for Waswanipi is 385.8 square kilometres, and the population is 459 residents in the 2021 Census.

Waswanipi sits at rank 950 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.

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).

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