Borrowing in Elton, Manitoba

With 1,276 residents counted in the 2021 Census, Elton sits inside Manitoba's provincial lending framework.

The Manitoba rules that apply

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

Payday lending is licensed in Manitoba; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $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, and notes that a province may set a lower figure.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

The census figures for Elton

Elton recorded a population of 1,276 in Statistics Canada's 2021 Census of Population. Its land area is 576.1 square kilometres.

The calculated density is 2.2 people per square kilometre.

By population it ranks 126 among the Manitoba places covered here.

Elton is one of 203 places listed for Manitoba, ranked 126 by population and measured at 576.1 square kilometres.

Products compared here

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

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

Elton sits at rank 126 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Elton is one of 203 covered Manitoba places, counted at 1,276 residents with a land area of 576.1 square kilometres.

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

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

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

The land area recorded for Elton is 576.1 square kilometres, and the population is 1,276 residents in the 2021 Census.

The density figure for Elton, 2.2 people per square kilometre, is calculated from the population and land area above.

Elton ranks 126 by 2021 Census population among the covered places in Manitoba.

At 1,276 residents in the 2021 Census, Elton is listed alongside the other covered places in Manitoba.

Elton appears in the census record with 1,276 residents, and the density of 2.2 people per square kilometre follows from it.

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

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.

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