Borrowing in Les Îles-de-la-Madeleine, Quebec

Les Îles-de-la-Madeleine, Quebec, recorded a population of 12,190 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Quebec rules that apply

Consumer lending in Quebec 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.

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.

In the lower-middle band, pages carry the census figures for the place and the same provincial lending position as larger centres.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

The census figures for Les Îles-de-la-Madeleine

The 2021 Census counted 12,190 residents in Les Îles-de-la-Madeleine. The census records a land area of 155.1 square kilometres for Les Îles-de-la-Madeleine.

That gives a density of 78.6 people per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 91 in the province.

Compared with the other 1150 covered Quebec places, Les Îles-de-la-Madeleine ranks 91 by population.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

Les Îles-de-la-Madeleine ranks 91 by 2021 Census population among the covered places in Quebec.

Nothing on the Les Îles-de-la-Madeleine page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Les Îles-de-la-Madeleine sits at rank 91 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

At 12,190 residents in the 2021 Census, Les Îles-de-la-Madeleine is listed alongside the other covered places in Quebec.

The land area recorded for Les Îles-de-la-Madeleine is 155.1 square kilometres, and the population is 12,190 residents in the 2021 Census.

Where a figure for Les Îles-de-la-Madeleine could not be verified, the page names the publisher instead of printing a number.

Les Îles-de-la-Madeleine appears in the census record with 12,190 residents, and the density of 78.6 people per square kilometre follows from it.

The density figure for Les Îles-de-la-Madeleine, 78.6 people per square kilometre, is calculated from the population and land area above.

For Les Îles-de-la-Madeleine, the two census fields above are the only local statistics used anywhere on the page.

The Les Îles-de-la-Madeleine page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Les Îles-de-la-Madeleine with another community can use the same four census fields.

Les Îles-de-la-Madeleine is one of 1150 covered Quebec places, counted at 12,190 residents with a land area of 155.1 square kilometres.

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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.