Borrowing in Waterloo, Quebec

A loan taken out in Waterloo is governed by Quebec's licensing rules, and the 2021 Census counted 4,920 people in the community.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Debt management plans are administered by accredited credit counsellors, and they are not loans. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

The census figures for Waterloo

The 2021 Census counted 4,920 residents in Waterloo. The census records a land area of 12.2 square kilometres for Waterloo.

That gives a density of 402.3 people per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 191 in the province.

The place record for Waterloo covers 12.2 square kilometres and 4,920 residents, a density of 402.3 people per square kilometre.

The Quebec rules that apply

Licensing for consumer credit in Quebec sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public 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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

Waterloo sits at rank 191 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

Waterloo appears in the census record with 4,920 residents, and the density of 402.3 people per square kilometre follows from it.

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

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

The land area recorded for Waterloo is 12.2 square kilometres, and the population is 4,920 residents in the 2021 Census.

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

Waterloo is one of 1150 covered Quebec places, counted at 4,920 residents with a land area of 12.2 square kilometres.

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

The density figure for Waterloo, 402.3 people per square kilometre, is calculated from the population and land area above.

Waterloo ranks 191 by 2021 Census population among the covered places in Quebec.

At 4,920 residents in the 2021 Census, Waterloo is listed alongside the other 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.

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.