Borrowing in Innisfail, Alberta

A loan taken out in Innisfail is governed by Alberta's licensing rules, and the 2021 Census counted 7,985 people in the community.

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.

The federal Payday Lending Regulations (SOR/2024-114) count Alberta among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

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

The census figures for Innisfail

7,985 people were counted in Innisfail in the 2021 Census. The community covers 19.4 square kilometres of land.

On those two figures, density is 411.8 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 59 in the province.

Innisfail sits at rank 59 among the 361 Alberta places here, with 7,985 residents in the 2021 Census.

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.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Innisfail sits at rank 59 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Innisfail appears in the census record with 7,985 residents, and the density of 411.8 people per square kilometre follows from it.

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

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

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

At 7,985 residents in the 2021 Census, Innisfail is listed alongside the other covered places in Alberta.

The density figure for Innisfail, 411.8 people per square kilometre, is calculated from the population and land area above.

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

The land area recorded for Innisfail is 19.4 square kilometres, and the population is 7,985 residents in the 2021 Census.

Innisfail is one of 361 covered Alberta places, counted at 7,985 residents with a land area of 19.4 square kilometres.

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

Innisfail ranks 59 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.

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.