Borrowing in Mountain (South), Manitoba

A loan taken out in Mountain (South) is governed by Manitoba's licensing rules, and the 2021 Census counted 443 people in the community.

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.

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

How borrowing works locally

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.

A mortgage is registered against the property, which is what gives the lender its claim. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

The census figures for Mountain (South)

Mountain (South) recorded a population of 443 in Statistics Canada's 2021 Census of Population. 1615.4 square kilometres of land are attributed to Mountain (South).

The calculated density is 0.3 people per square kilometre.

By population it ranks 180 among the Manitoba places covered here.

Mountain (South) sits at rank 180 among the 203 Manitoba places here, with 443 residents in the 2021 Census.

Products compared here

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

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

The land area recorded for Mountain (South) is 1615.4 square kilometres, and the population is 443 residents in the 2021 Census.

Readers comparing Mountain (South) with another community can use the same four census fields.

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

For Mountain (South), the two census fields above are the only local statistics used anywhere on the page.

Mountain (South) appears in the census record with 443 residents, and the density of 0.3 people per square kilometre follows from it.

Mountain (South) sits at rank 180 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Mountain (South) could not be verified, the page names the publisher instead of printing a number.

Mountain (South) ranks 180 by 2021 Census population among the covered places in Manitoba.

The Mountain (South) page follows the same structure as every other place page, with population, land area, density and rank.

Mountain (South) is one of 203 covered Manitoba places, counted at 443 residents with a land area of 1615.4 square kilometres.

The density figure for Mountain (South), 0.3 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.

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).

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