Borrowing in Cochrane, Alberta

Cochrane is one of the Alberta places covered here, with 32,199 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Cochrane

32,199 people were counted in Cochrane in the 2021 Census. The census records a land area of 31.6 square kilometres for Cochrane.

On those two figures, density is 1019.6 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 15 in the province.

Compared with the other 361 covered Alberta places, Cochrane ranks 15 by population.

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.

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 middle band covers larger towns and smaller cities, all inside one provincial licensing framework.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Products compared here

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

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The land area recorded for Cochrane is 31.6 square kilometres, and the population is 32,199 residents in the 2021 Census.

The density figure for Cochrane, 1019.6 people per square kilometre, is calculated from the population and land area above.

Cochrane is one of 361 covered Alberta places, counted at 32,199 residents with a land area of 31.6 square kilometres.

Cochrane appears in the census record with 32,199 residents, and the density of 1019.6 people per square kilometre follows from it.

Cochrane ranks 15 by 2021 Census population among the covered places in Alberta.

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

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

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

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

At 32,199 residents in the 2021 Census, Cochrane is listed alongside the other covered places in Alberta.

Cochrane sits at rank 15 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

For Cochrane, 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.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to 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.