Borrowing in Lac du Bonnet, Manitoba

Lac du Bonnet is one of the Manitoba communities covered here, with a 2021 Census population of 3,563, and borrowing there is licensed under Manitoba's consumer credit rules.

The census figures for Lac du Bonnet

Lac du Bonnet recorded a population of 3,563 in Statistics Canada's 2021 Census of Population. 1097.6 square kilometres of land are attributed to Lac du Bonnet.

Population divided by land area produces a density of 3.2 people per square kilometre.

By population it ranks 41 among the Manitoba places covered here.

Lac du Bonnet is one of 203 places listed for Manitoba, ranked 41 by population and measured at 1097.6 square kilometres.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

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.

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).

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. 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.

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

Readers comparing Lac du Bonnet with another community can use the same four census fields.

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

The land area recorded for Lac du Bonnet is 1097.6 square kilometres, and the population is 3,563 residents in the 2021 Census.

Lac du Bonnet sits at rank 41 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Lac du Bonnet ranks 41 by 2021 Census population among the covered places in Manitoba.

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

At 3,563 residents in the 2021 Census, Lac du Bonnet is listed alongside the other covered places in Manitoba.

Lac du Bonnet appears in the census record with 3,563 residents, and the density of 3.2 people per square kilometre follows from it.

Lac du Bonnet is one of 203 covered Manitoba places, counted at 3,563 residents with a land area of 1097.6 square kilometres.

The density figure for Lac du Bonnet, 3.2 people per square kilometre, is calculated from the population and land area above.

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).

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