Borrowing in Sainte-Madeleine, Quebec

Sainte-Madeleine is one of the Quebec communities covered here, with a 2021 Census population of 2,268, and borrowing there is licensed under Quebec's consumer credit rules.

Products compared here

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

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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 deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

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.

The federal Payday Lending Regulations (SOR/2024-114) are explicit that Quebec does not license payday lending, which changes which rules a short-term advance falls under.

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

The census figures for Sainte-Madeleine

2,268 people were counted in Sainte-Madeleine in the 2021 Census. The census records a land area of 5.4 square kilometres for Sainte-Madeleine.

The calculated density is 423.1 people per square kilometre.

Sainte-Madeleine ranks 366 by population among the Quebec places on this site.

The place record for Sainte-Madeleine covers 5.4 square kilometres and 2,268 residents, a density of 423.1 people per square kilometre.

Sainte-Madeleine appears in the census record with 2,268 residents, and the density of 423.1 people per square kilometre follows from it.

At 2,268 residents in the 2021 Census, Sainte-Madeleine is listed alongside the other covered places in Quebec.

Sainte-Madeleine ranks 366 by 2021 Census population among the covered places in Quebec.

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

Sainte-Madeleine sits at rank 366 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

Readers comparing Sainte-Madeleine with another community can use the same four census fields.

Sainte-Madeleine is one of 1150 covered Quebec places, counted at 2,268 residents with a land area of 5.4 square kilometres.

The land area recorded for Sainte-Madeleine is 5.4 square kilometres, and the population is 2,268 residents in the 2021 Census.

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

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

The density figure for Sainte-Madeleine, 423.1 people per square kilometre, is calculated from the population and land area above.

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.