Borrowing in Newport, Quebec

Newport is one of the Quebec communities covered here, with a 2021 Census population of 698, 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 lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. Joint applications combine two incomes and two sets of obligations in the same assessment.

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.

For Quebec, the federal Payday Lending Regulations (SOR/2024-114) record that payday lending is not licensed, so the cost limit should be confirmed with the provincial regulator.

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 Newport

Statistics Canada's 2021 Census gives Newport a population of 698. The community covers 270.6 square kilometres of land.

On those two figures, density is 2.6 residents per square kilometre when rounded to one decimal place.

The community is the 804th largest place in the province within this census set.

Within Quebec, Newport is place number 804 by population in this census set, at 698 residents.

At 698 residents in the 2021 Census, Newport is listed alongside the other covered places in Quebec.

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

Newport ranks 804 by 2021 Census population among the covered places in Quebec.

The land area recorded for Newport is 270.6 square kilometres, and the population is 698 residents in the 2021 Census.

Newport is one of 1150 covered Quebec places, counted at 698 residents with a land area of 270.6 square kilometres.

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

Newport appears in the census record with 698 residents, and the density of 2.6 people per square kilometre follows from it.

Newport sits at rank 804 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Newport, 2.6 people per square kilometre, is calculated from the population and land area above.

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

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

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

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.

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