Borrowing in Melbourne, Quebec

Melbourne, Quebec, recorded a population of 1,096 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Quebec rules that apply

Consumer credit in Quebec is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Melbourne

Population for Melbourne stands at 1,096 in the 2021 Census. Statistics Canada lists 173.9 square kilometres of land for the community.

The arithmetic gives 6.3 people per square kilometre.

By population it ranks 622 among the Quebec places covered here.

Within Quebec, Melbourne is place number 622 by population in this census set, at 1,096 residents.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

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.

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

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

The density figure for Melbourne, 6.3 people per square kilometre, is calculated from the population and land area above.

Melbourne ranks 622 by 2021 Census population among the covered places in Quebec.

Melbourne is one of 1150 covered Quebec places, counted at 1,096 residents with a land area of 173.9 square kilometres.

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

Melbourne sits at rank 622 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Melbourne is 173.9 square kilometres, and the population is 1,096 residents in the 2021 Census.

Melbourne appears in the census record with 1,096 residents, and the density of 6.3 people per square kilometre follows from it.

At 1,096 residents in the 2021 Census, Melbourne is listed alongside the other covered places in Quebec.

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

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 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.