Borrowing in Champion, Alberta

Champion, Alberta, recorded a population of 351 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.

A payday advance in Alberta falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

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

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A mortgage is registered against the property, which is what gives the lender its claim.

The census figures for Champion

Statistics Canada's 2021 Census gives Champion a population of 351. Statistics Canada lists 0.9 square kilometres of land for the community.

Population divided by land area produces a density of 398.9 people per square kilometre.

By population it ranks 274 among the Alberta places covered here.

Compared with the other 361 covered Alberta places, Champion ranks 274 by population.

Products compared here

Each product below has its own page, and the Alberta position applies to all of them.

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

Champion is one of 361 covered Alberta places, counted at 351 residents with a land area of 0.9 square kilometres.

The land area recorded for Champion is 0.9 square kilometres, and the population is 351 residents in the 2021 Census.

At 351 residents in the 2021 Census, Champion is listed alongside the other covered places in Alberta.

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

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

Champion appears in the census record with 351 residents, and the density of 398.9 people per square kilometre follows from it.

Champion ranks 274 by 2021 Census population among the covered places in Alberta.

The density figure for Champion, 398.9 people per square kilometre, is calculated from the population and land area above.

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

Champion sits at rank 274 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

Nothing on the Champion 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.

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.

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