Borrowing in Dakota Tipi 1, Manitoba

With 226 residents counted in the 2021 Census, Dakota Tipi 1 sits inside Manitoba's provincial lending framework.

The Manitoba rules that apply

The regulator for consumer credit in Manitoba is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

In Manitoba, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced under SOR/2024-114.

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 revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

The census figures for Dakota Tipi 1

The 2021 Census counted 226 residents in Dakota Tipi 1. The community covers 0.4 square kilometres of land.

Dividing population by land area gives 610.8 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 192 within this data set.

Dakota Tipi 1 sits at rank 192 among the 203 Manitoba places here, with 226 residents in the 2021 Census.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

Dakota Tipi 1 is one of 203 covered Manitoba places, counted at 226 residents with a land area of 0.4 square kilometres.

Where a figure for Dakota Tipi 1 could not be verified, the page names the publisher instead of printing a number.

The density figure for Dakota Tipi 1, 610.8 people per square kilometre, is calculated from the population and land area above.

Dakota Tipi 1 appears in the census record with 226 residents, and the density of 610.8 people per square kilometre follows from it.

Dakota Tipi 1 ranks 192 by 2021 Census population among the covered places in Manitoba.

Readers comparing Dakota Tipi 1 with another community can use the same four census fields.

For Dakota Tipi 1, the two census fields above are the only local statistics used anywhere on the page.

Nothing on the Dakota Tipi 1 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Dakota Tipi 1 page follows the same structure as every other place page, with population, land area, density and rank.

Dakota Tipi 1 sits at rank 192 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Dakota Tipi 1 is 0.4 square kilometres, and the population is 226 residents in the 2021 Census.

At 226 residents in the 2021 Census, Dakota Tipi 1 is listed alongside the other covered places in Manitoba.

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.