Borrowing in Gimli, Manitoba

This page covers borrowing in Gimli, Manitoba: the census facts, the provincial rules, and the products people compare.

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.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing 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 in Manitoba, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

Size changes the census figures, not the rules; this community falls in the lower-middle band.

How borrowing works locally

Joint applications combine two incomes and two sets of obligations in the same assessment.

Debt management plans are administered by accredited credit counsellors, and they are not loans. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

The census figures for Gimli

6,569 people were counted in Gimli in the 2021 Census. Land area for Gimli is 318.1 square kilometres in the same census.

The calculated density is 20.7 people per square kilometre.

The community is the 23rd largest place in the province within this census set.

Gimli sits at rank 23 among the 203 Manitoba places here, with 6,569 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.

• 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.

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

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

Gimli ranks 23 by 2021 Census population among the covered places in Manitoba.

The land area recorded for Gimli is 318.1 square kilometres, and the population is 6,569 residents in the 2021 Census.

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

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

Gimli appears in the census record with 6,569 residents, and the density of 20.7 people per square kilometre follows from it.

The density figure for Gimli, 20.7 people per square kilometre, is calculated from the population and land area above.

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

Gimli sits at rank 23 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Gimli is one of 203 covered Manitoba places, counted at 6,569 residents with a land area of 318.1 square kilometres.

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).

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