Borrowing in Beaverlodge, Alberta

Beaverlodge, Alberta, recorded a population of 2,271 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Alberta rules that apply

Consumer credit in Alberta is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) list Alberta among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Beaverlodge

Statistics Canada's 2021 Census gives Beaverlodge a population of 2,271. 5.4 square kilometres of land are attributed to Beaverlodge.

On those two figures, density is 422.1 residents per square kilometre when rounded to one decimal place.

Among covered Alberta places, Beaverlodge sits at rank 138 by population.

Beaverlodge sits at rank 138 among the 361 Alberta places here, with 2,271 residents in the 2021 Census.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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 provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Beaverlodge is one of 361 covered Alberta places, counted at 2,271 residents with a land area of 5.4 square kilometres.

Beaverlodge sits at rank 138 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Beaverlodge is 5.4 square kilometres, and the population is 2,271 residents in the 2021 Census.

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

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

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

Beaverlodge appears in the census record with 2,271 residents, and the density of 422.1 people per square kilometre follows from it.

Beaverlodge ranks 138 by 2021 Census population among the covered places in Alberta.

The density figure for Beaverlodge, 422.1 people per square kilometre, is calculated from the population and land area above.

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

For Beaverlodge, 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).

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