Borrowing in Westmount, Quebec

Westmount, Quebec, recorded a population of 19,658 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Westmount

Westmount recorded a population of 19,658 in Statistics Canada's 2021 Census of Population. The community covers 4.0 square kilometres of land.

Dividing population by land area gives 4865.8 residents per square kilometre, rounded to one decimal place.

The community is the 60th largest place in the province within this census set.

Westmount therefore appears at rank 60 of 1150 covered Quebec places, with a density of 4865.8 people per square kilometre.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

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.

Payday lending is not licensed in Quebec; the federal Payday Lending Regulations (SOR/2024-114) list Quebec separately from the provinces that operate a licensed payday regime.

In the lower-middle band, pages carry the census figures for the place and the same provincial lending position as larger centres.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A credit file is compiled by private agencies from information lenders and other creditors report.

Westmount appears in the census record with 19,658 residents, and the density of 4865.8 people per square kilometre follows from it.

At 19,658 residents in the 2021 Census, Westmount is listed alongside the other covered places in Quebec.

Westmount is one of 1150 covered Quebec places, counted at 19,658 residents with a land area of 4.0 square kilometres.

The density figure for Westmount, 4865.8 people per square kilometre, is calculated from the population and land area above.

Westmount ranks 60 by 2021 Census population among the covered places in Quebec.

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

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

The land area recorded for Westmount is 4.0 square kilometres, and the population is 19,658 residents in the 2021 Census.

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

Westmount sits at rank 60 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.

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.

The provincial rules apply wherever a borrower is in Quebec; a municipal boundary does not change them.