Borrowing in Grosse-Île, Quebec

With 464 residents counted in the 2021 Census, Grosse-Île sits inside Quebec's provincial lending framework.

The census figures for Grosse-Île

In the 2021 Census, Grosse-Île had 464 residents. The census records a land area of 32.3 square kilometres for Grosse-Île.

The arithmetic gives 14.4 people per square kilometre.

The community is the 946th largest place in the province within this census set.

Grosse-Île sits at rank 946 among the 1150 Quebec places here, with 464 residents in the 2021 Census.

The Quebec rules that apply

The body that licenses consumer lending in Quebec is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

Quebec does not license payday lending, a fact the federal Payday Lending Regulations (SOR/2024-114) record when it lists the provinces that regulate the product.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

A mortgage is registered against the property, which is what gives the lender its claim. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Products compared here

Each product below has its own page, and the Quebec 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.

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

Readers comparing Grosse-Île with another community can use the same four census fields.

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

Grosse-Île ranks 946 by 2021 Census population among the covered places in Quebec.

Grosse-Île is one of 1150 covered Quebec places, counted at 464 residents with a land area of 32.3 square kilometres.

The land area recorded for Grosse-Île is 32.3 square kilometres, and the population is 464 residents in the 2021 Census.

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

Grosse-Île appears in the census record with 464 residents, and the density of 14.4 people per square kilometre follows from it.

The density figure for Grosse-Île, 14.4 people per square kilometre, is calculated from the population and land area above.

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

At 464 residents in the 2021 Census, Grosse-Île is listed alongside the other covered places in Quebec.

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).

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