Borrowing in Breton, Alberta

A loan taken out in Breton is governed by Alberta's licensing rules, and the 2021 Census counted 567 people in the community.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

An application usually asks for identification, income evidence, banking details and a statement of obligations. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

The Alberta rules that apply

Provincial or territorial law decides who may lend in Alberta, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

In Alberta, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

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

The census figures for Breton

In the 2021 Census, Breton had 567 residents. Statistics Canada lists 1.7 square kilometres of land for the community.

The arithmetic gives 329.7 people per square kilometre.

By population it ranks 242 among the Alberta places covered here.

Breton therefore appears at rank 242 of 361 covered Alberta places, with a density of 329.7 people per square kilometre.

Breton appears in the census record with 567 residents, and the density of 329.7 people per square kilometre follows from it.

Breton sits at rank 242 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 567 residents in the 2021 Census, Breton is listed alongside the other covered places in Alberta.

The land area recorded for Breton is 1.7 square kilometres, and the population is 567 residents in the 2021 Census.

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

The density figure for Breton, 329.7 people per square kilometre, is calculated from the population and land area above.

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

Breton is one of 361 covered Alberta places, counted at 567 residents with a land area of 1.7 square kilometres.

Breton ranks 242 by 2021 Census population among the covered places in Alberta.

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

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.