Borrowing in Innisfree, Alberta

Innisfree, Alberta, recorded a population of 187 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

The census figures for Innisfree

187 people were counted in Innisfree in the 2021 Census. The census records a land area of 1.0 square kilometres for Innisfree.

The calculated density is 187.0 people per square kilometre.

Its provincial population rank is 318 within this data set.

The place record for Innisfree covers 1.0 square kilometres and 187 residents, a density of 187.0 people per square kilometre.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

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

Innisfree appears in the census record with 187 residents, and the density of 187.0 people per square kilometre follows from it.

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

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

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

At 187 residents in the 2021 Census, Innisfree is listed alongside the other covered places in Alberta.

Innisfree sits at rank 318 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Innisfree is 1.0 square kilometres, and the population is 187 residents in the 2021 Census.

The density figure for Innisfree, 187.0 people per square kilometre, is calculated from the population and land area above.

Innisfree ranks 318 by 2021 Census population among the covered places in Alberta.

Innisfree is one of 361 covered Alberta places, counted at 187 residents with a land area of 1.0 square kilometres.

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

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