Borrowing in Barons, Alberta

Barons, Alberta, recorded a population of 313 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Alberta rules that apply

Consumer lending in Alberta is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

Payday lending is licensed in Alberta; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

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

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A mortgage is registered against the property, which is what gives the lender its claim. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The census figures for Barons

Barons recorded a population of 313 in Statistics Canada's 2021 Census of Population. 0.8 square kilometres of land are attributed to Barons.

Dividing population by land area gives 386.4 residents per square kilometre, rounded to one decimal place.

By population it ranks 280 among the Alberta places covered here.

Within Alberta, Barons is place number 280 by population in this census set, at 313 residents.

Products compared here

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

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

Barons is one of 361 covered Alberta places, counted at 313 residents with a land area of 0.8 square kilometres.

Barons appears in the census record with 313 residents, and the density of 386.4 people per square kilometre follows from it.

The density figure for Barons, 386.4 people per square kilometre, is calculated from the population and land area above.

Barons ranks 280 by 2021 Census population among the covered places in Alberta.

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

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

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

The land area recorded for Barons is 0.8 square kilometres, and the population is 313 residents in the 2021 Census.

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

At 313 residents in the 2021 Census, Barons is listed alongside the other covered places in Alberta.

Barons sits at rank 280 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.