Borrowing in Macamic, Quebec

With 2,744 residents counted in the 2021 Census, Macamic sits inside Quebec's provincial lending framework.

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.

Because Quebec does not license payday lending, no provincial payday cap applies there, and the federal Payday Lending Regulations (SOR/2024-114) note the distinction.

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

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.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. An application usually asks for identification, income evidence, banking details and a statement of obligations.

The census figures for Macamic

2,744 people were counted in Macamic in the 2021 Census. Statistics Canada lists 202.1 square kilometres of land for the community.

That gives a density of 13.6 people per square kilometre, rounded to one decimal place.

Among covered Quebec places, Macamic sits at rank 302 by population.

The place record for Macamic covers 202.1 square kilometres and 2,744 residents, a density of 13.6 people per square kilometre.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

Macamic appears in the census record with 2,744 residents, and the density of 13.6 people per square kilometre follows from it.

At 2,744 residents in the 2021 Census, Macamic is listed alongside the other covered places in Quebec.

Macamic sits at rank 302 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Macamic is 202.1 square kilometres, and the population is 2,744 residents in the 2021 Census.

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

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

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

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

Macamic ranks 302 by 2021 Census population among the covered places in Quebec.

The density figure for Macamic, 13.6 people per square kilometre, is calculated from the population and land area above.

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

Macamic is one of 1150 covered Quebec places, counted at 2,744 residents with a land area of 202.1 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.

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).

The provincial rules apply wherever a borrower is in Quebec; a municipal boundary does not change them.