Borrowing in Brigus, Newfoundland and Labrador

This page covers borrowing in Brigus, Newfoundland and Labrador: the census facts, the provincial rules, and the products people compare.

The census figures for Brigus

Statistics Canada's 2021 Census gives Brigus a population of 699. Its land area is 11.5 square kilometres.

On those two figures, density is 60.9 residents per square kilometre when rounded to one decimal place.

By population it ranks 107 among the Newfoundland and Labrador places covered here.

Brigus is one of 322 places listed for Newfoundland and Labrador, ranked 107 by population and measured at 11.5 square kilometres.

Products compared here

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

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The Newfoundland and Labrador rules that apply

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

In Newfoundland and Labrador, 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 advanced under SOR/2024-114.

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

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Brigus appears in the census record with 699 residents, and the density of 60.9 people per square kilometre follows from it.

At 699 residents in the 2021 Census, Brigus is listed alongside the other covered places in Newfoundland and Labrador.

Brigus is one of 322 covered Newfoundland and Labrador places, counted at 699 residents with a land area of 11.5 square kilometres.

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

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

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

The land area recorded for Brigus is 11.5 square kilometres, and the population is 699 residents in the 2021 Census.

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

Brigus ranks 107 by 2021 Census population among the covered places in Newfoundland and Labrador.

The density figure for Brigus, 60.9 people per square kilometre, is calculated from the population and land area above.

Brigus sits at rank 107 within Newfoundland and Labrador 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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.