Borrowing in Castor, Alberta

Castor is one of the Alberta places covered here, with 803 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Castor

In the 2021 Census, Castor had 803 residents. The community covers 2.6 square kilometres of land.

The calculated density is 307.7 people per square kilometre.

By population it ranks 213 among the Alberta places covered here.

Castor sits at rank 213 among the 361 Alberta places here, with 803 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.

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

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.

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

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

The land area recorded for Castor is 2.6 square kilometres, and the population is 803 residents in the 2021 Census.

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

The density figure for Castor, 307.7 people per square kilometre, is calculated from the population and land area above.

At 803 residents in the 2021 Census, Castor is listed alongside the other covered places in Alberta.

Castor sits at rank 213 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Castor ranks 213 by 2021 Census population among the covered places in Alberta.

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

Castor appears in the census record with 803 residents, and the density of 307.7 people per square kilometre follows from it.

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

Castor is one of 361 covered Alberta places, counted at 803 residents with a land area of 2.6 square kilometres.

Where a figure for Castor 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.

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).

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