Borrowing in Matagami, Quebec

This page covers borrowing in Matagami, Quebec: the census facts, the provincial rules, and the products people compare.

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.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Products compared here

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

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

The census figures for Matagami

Statistics Canada's 2021 Census gives Matagami a population of 1,402. The community covers 75.1 square kilometres of land.

Dividing population by land area gives 18.7 residents per square kilometre, rounded to one decimal place.

Among covered Quebec places, Matagami sits at rank 528 by population.

Matagami is one of 1150 places listed for Quebec, ranked 528 by population and measured at 75.1 square kilometres.

The Quebec rules that apply

Provincial or territorial law decides who may lend in Quebec, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

Payday lending is not licensed in Quebec; the federal Payday Lending Regulations (SOR/2024-114) list Quebec separately from the provinces that operate a licensed payday regime.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

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

Matagami is one of 1150 covered Quebec places, counted at 1,402 residents with a land area of 75.1 square kilometres.

The density figure for Matagami, 18.7 people per square kilometre, is calculated from the population and land area above.

Matagami appears in the census record with 1,402 residents, and the density of 18.7 people per square kilometre follows from it.

Matagami sits at rank 528 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Matagami ranks 528 by 2021 Census population among the covered places in Quebec.

The land area recorded for Matagami is 75.1 square kilometres, and the population is 1,402 residents in the 2021 Census.

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

At 1,402 residents in the 2021 Census, Matagami is listed alongside the other covered places in Quebec.

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

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

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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.