Borrowing in Varennes, Quebec

With 21,198 residents counted in the 2021 Census, Varennes sits inside Quebec's provincial lending framework.

The census figures for Varennes

Population for Varennes stands at 21,198 in the 2021 Census. 94.8 square kilometres of land are attributed to Varennes.

The arithmetic gives 223.6 people per square kilometre.

The community is the 54th largest place in the province within this census set.

Compared with the other 1150 covered Quebec places, Varennes ranks 54 by population.

Products compared here

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

• 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.

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.

Quebec does not license payday lending, a fact the federal Payday Lending Regulations (SOR/2024-114) record when it lists the provinces that regulate the product.

Places in the lower-middle band group smaller towns and municipalities under the same provincial framework.

How borrowing works locally

A mortgage is registered against the property, which is what gives the lender its claim.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

The land area recorded for Varennes is 94.8 square kilometres, and the population is 21,198 residents in the 2021 Census.

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

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

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

Varennes is one of 1150 covered Quebec places, counted at 21,198 residents with a land area of 94.8 square kilometres.

The density figure for Varennes, 223.6 people per square kilometre, is calculated from the population and land area above.

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

Varennes appears in the census record with 21,198 residents, and the density of 223.6 people per square kilometre follows from it.

Varennes sits at rank 54 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

Varennes ranks 54 by 2021 Census population among the covered places in Quebec.

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.