Borrowing in Kangiqsualujjuaq, Quebec

Kangiqsualujjuaq is one of the Quebec communities covered here, with a 2021 Census population of 956, and borrowing there is licensed under Quebec's consumer credit rules.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• 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.

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.

A mortgage is registered against the property, which is what gives the lender its claim. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

The Quebec rules that apply

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

Quebec is the province that does not license payday lending, so the federal cap that applies in licensed provinces has no provincial regime to sit inside.

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

The census figures for Kangiqsualujjuaq

Kangiqsualujjuaq recorded a population of 956 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 34.3 square kilometres of land for the community.

On those two figures, density is 27.8 residents per square kilometre when rounded to one decimal place.

Among covered Quebec places, Kangiqsualujjuaq sits at rank 678 by population.

Within Quebec, Kangiqsualujjuaq is place number 678 by population in this census set, at 956 residents.

Kangiqsualujjuaq sits at rank 678 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

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

Kangiqsualujjuaq is one of 1150 covered Quebec places, counted at 956 residents with a land area of 34.3 square kilometres.

At 956 residents in the 2021 Census, Kangiqsualujjuaq is listed alongside the other covered places in Quebec.

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

The density figure for Kangiqsualujjuaq, 27.8 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Kangiqsualujjuaq is 34.3 square kilometres, and the population is 956 residents in the 2021 Census.

Kangiqsualujjuaq appears in the census record with 956 residents, and the density of 27.8 people per square kilometre follows from it.

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.

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