Borrowing in Dorchester, New Brunswick

A loan taken out in Dorchester is governed by New Brunswick's licensing rules, and the 2021 Census counted 906 people in the community.

The census figures for Dorchester

Dorchester recorded a population of 906 in Statistics Canada's 2021 Census of Population. Its land area is 5.7 square kilometres.

The arithmetic gives 158.7 people per square kilometre.

Among covered New Brunswick places, Dorchester sits at rank 166 by population.

Dorchester sits at rank 166 among the 256 New Brunswick places here, with 906 residents in the 2021 Census.

The New Brunswick rules that apply

Consumer lending in New Brunswick is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

The federal Payday Lending Regulations (SOR/2024-114) list New Brunswick 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 advanced.

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.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

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

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

The land area recorded for Dorchester is 5.7 square kilometres, and the population is 906 residents in the 2021 Census.

Dorchester is one of 256 covered New Brunswick places, counted at 906 residents with a land area of 5.7 square kilometres.

Dorchester appears in the census record with 906 residents, and the density of 158.7 people per square kilometre follows from it.

Dorchester sits at rank 166 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

Dorchester ranks 166 by 2021 Census population among the covered places in New Brunswick.

At 906 residents in the 2021 Census, Dorchester is listed alongside the other covered places in New Brunswick.

The density figure for Dorchester, 158.7 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.

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).

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