Borrowing in Fox Lake 162, Alberta

Fox Lake 162, Alberta, recorded a population of 2,488 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Fox Lake 162

The 2021 Census counted 2,488 residents in Fox Lake 162. Its land area is 98.0 square kilometres.

The calculated density is 25.4 people per square kilometre.

Fox Lake 162 ranks 131 by population among the Alberta places on this site.

Fox Lake 162 is one of 361 places listed for Alberta, ranked 131 by population and measured at 98.0 square kilometres.

The Alberta rules that apply

Licensing for consumer credit in Alberta sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public 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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

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.

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Products compared here

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

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

Fox Lake 162 appears in the census record with 2,488 residents, and the density of 25.4 people per square kilometre follows from it.

Fox Lake 162 ranks 131 by 2021 Census population among the covered places in Alberta.

The land area recorded for Fox Lake 162 is 98.0 square kilometres, and the population is 2,488 residents in the 2021 Census.

Fox Lake 162 sits at rank 131 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Fox Lake 162 could not be verified, the page names the publisher instead of printing a number.

The density figure for Fox Lake 162, 25.4 people per square kilometre, is calculated from the population and land area above.

Readers comparing Fox Lake 162 with another community can use the same four census fields.

The Fox Lake 162 page follows the same structure as every other place page, with population, land area, density and rank.

For Fox Lake 162, the two census fields above are the only local statistics used anywhere on the page.

At 2,488 residents in the 2021 Census, Fox Lake 162 is listed alongside the other covered places in Alberta.

Nothing on the Fox Lake 162 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.

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.