Borrowing in Roseau River 2, Manitoba

A loan taken out in Roseau River 2 is governed by Manitoba's licensing rules, and the 2021 Census counted 564 people in the community.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

How borrowing works locally

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

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 lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

The Manitoba rules that apply

The regulator for consumer credit in Manitoba is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

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.

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

The census figures for Roseau River 2

In the 2021 Census, Roseau River 2 had 564 residents. Land area for Roseau River 2 is 22.2 square kilometres in the same census.

On those two figures, density is 25.4 residents per square kilometre when rounded to one decimal place.

The community is the 172nd largest place in the province within this census set.

Compared with the other 203 covered Manitoba places, Roseau River 2 ranks 172 by population.

The Roseau River 2 page follows the same structure as every other place page, with population, land area, density and rank.

Roseau River 2 ranks 172 by 2021 Census population among the covered places in Manitoba.

Roseau River 2 is one of 203 covered Manitoba places, counted at 564 residents with a land area of 22.2 square kilometres.

The density figure for Roseau River 2, 25.4 people per square kilometre, is calculated from the population and land area above.

Roseau River 2 sits at rank 172 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Roseau River 2 could not be verified, the page names the publisher instead of printing a number.

For Roseau River 2, the two census fields above are the only local statistics used anywhere on the page.

Roseau River 2 appears in the census record with 564 residents, and the density of 25.4 people per square kilometre follows from it.

At 564 residents in the 2021 Census, Roseau River 2 is listed alongside the other covered places in Manitoba.

Readers comparing Roseau River 2 with another community can use the same four census fields.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.