Borrowing in Gilbert Plains, Manitoba

Gilbert Plains is one of the Manitoba communities covered here, with a 2021 Census population of 1,420, and borrowing there is licensed under Manitoba's consumer credit rules.

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.

A payday advance in Manitoba falls under a provincial licensing regime, and the cost of borrowing is capped at $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 according to the federal Payday Lending Regulations (SOR/2024-114).

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

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.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

The census figures for Gilbert Plains

1,420 people were counted in Gilbert Plains in the 2021 Census. The census records a land area of 1050.2 square kilometres for Gilbert Plains.

Dividing population by land area gives 1.4 residents per square kilometre, rounded to one decimal place.

Among covered Manitoba places, Gilbert Plains sits at rank 114 by population.

Compared with the other 203 covered Manitoba places, Gilbert Plains ranks 114 by population.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

The land area recorded for Gilbert Plains is 1050.2 square kilometres, and the population is 1,420 residents in the 2021 Census.

Gilbert Plains appears in the census record with 1,420 residents, and the density of 1.4 people per square kilometre follows from it.

At 1,420 residents in the 2021 Census, Gilbert Plains is listed alongside the other covered places in Manitoba.

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

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

The density figure for Gilbert Plains, 1.4 people per square kilometre, is calculated from the population and land area above.

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

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

Gilbert Plains ranks 114 by 2021 Census population among the covered places in Manitoba.

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

Gilbert Plains sits at rank 114 within Manitoba 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).

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