Borrowing in Pembina, Manitoba

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

The census figures for Pembina

Pembina recorded a population of 2,406 in Statistics Canada's 2021 Census of Population. Its land area is 1130.6 square kilometres.

That gives a density of 2.1 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 67 within this data set.

Pembina therefore appears at rank 67 of 203 covered Manitoba places, with a density of 2.1 people per square kilometre.

The Manitoba rules that apply

The body that licenses consumer lending in Manitoba is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) count Manitoba among the provinces with payday lending rules, where the published maximum cost of borrowing is $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 under SOR/2024-114.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

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.

A mortgage is registered against the property, which is what gives the lender its claim. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Products compared here

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

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

Pembina is one of 203 covered Manitoba places, counted at 2,406 residents with a land area of 1130.6 square kilometres.

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

Pembina ranks 67 by 2021 Census population among the covered places in Manitoba.

The land area recorded for Pembina is 1130.6 square kilometres, and the population is 2,406 residents in the 2021 Census.

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

At 2,406 residents in the 2021 Census, Pembina is listed alongside the other covered places in Manitoba.

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

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

The density figure for Pembina, 2.1 people per square kilometre, is calculated from the population and land area above.

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

Pembina sits at rank 67 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).

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