Borrowing in Murray Harbour, Prince Edward Island

Murray Harbour, Prince Edward Island, recorded a population of 282 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Murray Harbour

Population for Murray Harbour stands at 282 in the 2021 Census. 3.9 square kilometres of land are attributed to Murray Harbour.

Population divided by land area produces a density of 72.3 people per square kilometre.

The community is the 70th largest place in the province within this census set.

Compared with the other 91 covered Prince Edward Island places, Murray Harbour ranks 70 by population.

Products compared here

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

• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

The Prince Edward Island rules that apply

Consumer lending in Prince Edward Island 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.

A payday advance in Prince Edward Island falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

An application usually asks for identification, income evidence, banking details and a statement of obligations. Debt management plans are administered by accredited credit counsellors, and they are not loans.

Murray Harbour is one of 91 covered Prince Edward Island places, counted at 282 residents with a land area of 3.9 square kilometres.

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

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

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

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

Murray Harbour sits at rank 70 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Murray Harbour is 3.9 square kilometres, and the population is 282 residents in the 2021 Census.

Murray Harbour ranks 70 by 2021 Census population among the covered places in Prince Edward Island.

The density figure for Murray Harbour, 72.3 people per square kilometre, is calculated from the population and land area above.

Murray Harbour appears in the census record with 282 residents, and the density of 72.3 people per square kilometre follows from it.

At 282 residents in the 2021 Census, Murray Harbour is listed alongside the other covered places in Prince Edward Island.

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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.