Borrowing in Russell-Binscarth, Manitoba

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

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) list Manitoba among the provinces that regulate payday lending, where 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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

The census figures for Russell-Binscarth

In the 2021 Census, Russell-Binscarth had 2,596 residents. The census records a land area of 569.7 square kilometres for Russell-Binscarth.

Dividing population by land area gives 4.6 residents per square kilometre, rounded to one decimal place.

The community is the 62nd largest place in the province within this census set.

Compared with the other 203 covered Manitoba places, Russell-Binscarth ranks 62 by population.

Products compared here

Each product below has its own page, and the Manitoba position applies to all of them.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

How borrowing works locally

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Joint applications combine two incomes and two sets of obligations in the same assessment. A mortgage is registered against the property, which is what gives the lender its claim.

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

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

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

Readers comparing Russell-Binscarth with another community can use the same four census fields.

Russell-Binscarth appears in the census record with 2,596 residents, and the density of 4.6 people per square kilometre follows from it.

Russell-Binscarth is one of 203 covered Manitoba places, counted at 2,596 residents with a land area of 569.7 square kilometres.

Russell-Binscarth sits at rank 62 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

Russell-Binscarth ranks 62 by 2021 Census population among the covered places in Manitoba.

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

At 2,596 residents in the 2021 Census, Russell-Binscarth is listed alongside the other covered places in Manitoba.

The land area recorded for Russell-Binscarth is 569.7 square kilometres, and the population is 2,596 residents in the 2021 Census.

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.

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