Borrowing in Coronation, Alberta

With 868 residents counted in the 2021 Census, Coronation sits inside Alberta's provincial lending framework.

The census figures for Coronation

Statistics Canada's 2021 Census gives Coronation a population of 868. Statistics Canada lists 3.6 square kilometres of land for the community.

Dividing population by land area gives 243.1 residents per square kilometre, rounded to one decimal place.

By population it ranks 203 among the Alberta places covered here.

Coronation therefore appears at rank 203 of 361 covered Alberta places, with a density of 243.1 people per square kilometre.

The Alberta rules that apply

The regulator for consumer credit in Alberta is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Alberta, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

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

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A mortgage is registered against the property, which is what gives the lender its claim.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

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

Coronation ranks 203 by 2021 Census population among the covered places in Alberta.

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

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

The land area recorded for Coronation is 3.6 square kilometres, and the population is 868 residents in the 2021 Census.

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

Coronation sits at rank 203 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

At 868 residents in the 2021 Census, Coronation is listed alongside the other covered places in Alberta.

Coronation is one of 361 covered Alberta places, counted at 868 residents with a land area of 3.6 square kilometres.

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

Coronation appears in the census record with 868 residents, and the density of 243.1 people per square kilometre follows from it.

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.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.