Borrowing in Minitonas-Bowsman, Manitoba

A loan taken out in Minitonas-Bowsman is governed by Manitoba's licensing rules, and the 2021 Census counted 1,587 people in the community.

Products compared here

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

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

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 Manitoba rules that apply

Provincial or territorial law decides who may lend in Manitoba, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

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.

The census figures for Minitonas-Bowsman

Minitonas-Bowsman recorded a population of 1,587 in Statistics Canada's 2021 Census of Population. 1199.2 square kilometres of land are attributed to Minitonas-Bowsman.

The arithmetic gives 1.3 people per square kilometre.

Minitonas-Bowsman ranks 100 by population among the Manitoba places on this site.

The place record for Minitonas-Bowsman covers 1199.2 square kilometres and 1,587 residents, a density of 1.3 people per square kilometre.

Minitonas-Bowsman ranks 100 by 2021 Census population among the covered places in Manitoba.

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

Minitonas-Bowsman appears in the census record with 1,587 residents, and the density of 1.3 people per square kilometre follows from it.

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

The density figure for Minitonas-Bowsman, 1.3 people per square kilometre, is calculated from the population and land area above.

At 1,587 residents in the 2021 Census, Minitonas-Bowsman is listed alongside the other covered places in Manitoba.

The land area recorded for Minitonas-Bowsman is 1199.2 square kilometres, and the population is 1,587 residents in the 2021 Census.

Readers comparing Minitonas-Bowsman with another community can use the same four census fields.

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

Minitonas-Bowsman is one of 203 covered Manitoba places, counted at 1,587 residents with a land area of 1199.2 square kilometres.

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

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.