Borrowing in Musquash, New Brunswick

With 1,253 residents counted in the 2021 Census, Musquash sits inside New Brunswick's provincial lending framework.

The New Brunswick rules that apply

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

Payday lending is licensed in New Brunswick; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Musquash

1,253 people were counted in Musquash in the 2021 Census. The census records a land area of 233.1 square kilometres for Musquash.

Population divided by land area produces a density of 5.4 people per square kilometre.

The community is the 125th largest place in the province within this census set.

Musquash sits at rank 125 among the 256 New Brunswick places here, with 1,253 residents in the 2021 Census.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• 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

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

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

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

Musquash appears in the census record with 1,253 residents, and the density of 5.4 people per square kilometre follows from it.

The land area recorded for Musquash is 233.1 square kilometres, and the population is 1,253 residents in the 2021 Census.

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

Musquash is one of 256 covered New Brunswick places, counted at 1,253 residents with a land area of 233.1 square kilometres.

Musquash sits at rank 125 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

At 1,253 residents in the 2021 Census, Musquash is listed alongside the other covered places in New Brunswick.

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

The density figure for Musquash, 5.4 people per square kilometre, is calculated from the population and land area above.

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

Musquash ranks 125 by 2021 Census population among the covered places in New Brunswick.

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.