Borrowing in Saint-Damien, Quebec

Saint-Damien is one of the Quebec communities covered here, with a 2021 Census population of 2,393, and borrowing there is licensed under Quebec's consumer credit rules.

The Quebec rules that apply

The body that licenses consumer lending in Quebec is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

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 census figures for Saint-Damien

Saint-Damien recorded a population of 2,393 in Statistics Canada's 2021 Census of Population. 252.3 square kilometres of land are attributed to Saint-Damien.

That gives a density of 9.5 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 346 within this data set.

Saint-Damien therefore appears at rank 346 of 1150 covered Quebec places, with a density of 9.5 people per square kilometre.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

How borrowing works locally

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

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

The density figure for Saint-Damien, 9.5 people per square kilometre, is calculated from the population and land area above.

Saint-Damien appears in the census record with 2,393 residents, and the density of 9.5 people per square kilometre follows from it.

The land area recorded for Saint-Damien is 252.3 square kilometres, and the population is 2,393 residents in the 2021 Census.

Saint-Damien is one of 1150 covered Quebec places, counted at 2,393 residents with a land area of 252.3 square kilometres.

At 2,393 residents in the 2021 Census, Saint-Damien is listed alongside the other covered places in Quebec.

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

Saint-Damien ranks 346 by 2021 Census population among the covered places in Quebec.

Readers comparing Saint-Damien with another community can use the same four census fields.

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

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

Saint-Damien sits at rank 346 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

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