Borrowing in Blackfalds, Alberta

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

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A credit file is compiled by private agencies from information lenders and other creditors report.

Products compared here

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

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

The census figures for Blackfalds

Blackfalds recorded a population of 10,470 in Statistics Canada's 2021 Census of Population. 16.6 square kilometres of land are attributed to Blackfalds.

The calculated density is 631.5 people per square kilometre.

The community is the 42nd largest place in the province within this census set.

Blackfalds sits at rank 42 among the 361 Alberta places here, with 10,470 residents in the 2021 Census.

The Alberta rules that apply

Licensing for consumer credit in Alberta sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

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.

In the lower-middle band, pages carry the census figures for the place and the same provincial lending position as larger centres.

Blackfalds sits at rank 42 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

The density figure for Blackfalds, 631.5 people per square kilometre, is calculated from the population and land area above.

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

Blackfalds ranks 42 by 2021 Census population among the covered places in Alberta.

Blackfalds appears in the census record with 10,470 residents, and the density of 631.5 people per square kilometre follows from it.

At 10,470 residents in the 2021 Census, Blackfalds is listed alongside the other covered places in Alberta.

For Blackfalds, 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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