Borrowing in Devon, Alberta

Devon is one of the Alberta communities covered here, with a 2021 Census population of 6,545, and borrowing there is licensed under Alberta's consumer credit rules.

The census figures for Devon

Devon recorded a population of 6,545 in Statistics Canada's 2021 Census of Population. 14.3 square kilometres of land are attributed to Devon.

That gives a density of 459.0 people per square kilometre, rounded to one decimal place.

Among covered Alberta places, Devon sits at rank 74 by population.

Devon is one of 361 places listed for Alberta, ranked 74 by population and measured at 14.3 square kilometres.

Products compared here

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

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

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.

The federal Payday Lending Regulations (SOR/2024-114) list Alberta among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

In the lower-middle band, pages carry the census figures for the place and the same provincial lending position as larger centres.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

The land area recorded for Devon is 14.3 square kilometres, and the population is 6,545 residents in the 2021 Census.

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

Devon sits at rank 74 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Devon appears in the census record with 6,545 residents, and the density of 459.0 people per square kilometre follows from it.

Devon is one of 361 covered Alberta places, counted at 6,545 residents with a land area of 14.3 square kilometres.

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

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

The density figure for Devon, 459.0 people per square kilometre, is calculated from the population and land area above.

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

At 6,545 residents in the 2021 Census, Devon is listed alongside the other covered places in Alberta.

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

Devon ranks 74 by 2021 Census population among the covered places in Alberta.

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).

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