Borrowing in Bittern Lake, Alberta

This page covers borrowing in Bittern Lake, Alberta: the census facts, the provincial rules, and the products people compare.

The census figures for Bittern Lake

In the 2021 Census, Bittern Lake had 216 residents. 6.6 square kilometres of land are attributed to Bittern Lake.

Dividing population by land area gives 32.9 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 306 in the province.

The place record for Bittern Lake covers 6.6 square kilometres and 216 residents, a density of 32.9 people per square kilometre.

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.

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

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. Joint applications combine two incomes and two sets of obligations in the same assessment.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

Bittern Lake is one of 361 covered Alberta places, counted at 216 residents with a land area of 6.6 square kilometres.

The land area recorded for Bittern Lake is 6.6 square kilometres, and the population is 216 residents in the 2021 Census.

Bittern Lake appears in the census record with 216 residents, and the density of 32.9 people per square kilometre follows from it.

At 216 residents in the 2021 Census, Bittern Lake is listed alongside the other covered places in Alberta.

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

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

Bittern Lake sits at rank 306 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

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

The density figure for Bittern Lake, 32.9 people per square kilometre, is calculated from the population and land area above.

Bittern Lake ranks 306 by 2021 Census population among the covered places in Alberta.

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

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from 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.