Borrowing in Donnelly, Alberta

Donnelly, Alberta, recorded a population of 338 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Donnelly

Statistics Canada's 2021 Census gives Donnelly a population of 338. The census records a land area of 1.3 square kilometres for Donnelly.

The calculated density is 268.3 people per square kilometre.

Donnelly ranks 277 by population among the Alberta places on this site.

Donnelly is one of 361 places listed for Alberta, ranked 277 by population and measured at 1.3 square kilometres.

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.

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.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

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

Products compared here

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

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

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

The density figure for Donnelly, 268.3 people per square kilometre, is calculated from the population and land area above.

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

Donnelly is one of 361 covered Alberta places, counted at 338 residents with a land area of 1.3 square kilometres.

The land area recorded for Donnelly is 1.3 square kilometres, and the population is 338 residents in the 2021 Census.

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

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

Donnelly sits at rank 277 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Donnelly ranks 277 by 2021 Census population among the covered places in Alberta.

At 338 residents in the 2021 Census, Donnelly is listed alongside the other covered places in Alberta.

Donnelly appears in the census record with 338 residents, and the density of 268.3 people per square kilometre follows from it.

For Donnelly, 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).

The provincial rules apply wherever a borrower is in Alberta; a municipal boundary does not change them.