Borrowing in Lougheed, Alberta

Lougheed, Alberta, recorded a population of 225 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

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

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Products compared here

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

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

The census figures for Lougheed

225 people were counted in Lougheed in the 2021 Census. Its land area is 2.0 square kilometres.

Dividing population by land area gives 112.5 residents per square kilometre, rounded to one decimal place.

By population it ranks 301 among the Alberta places covered here.

Lougheed therefore appears at rank 301 of 361 covered Alberta places, with a density of 112.5 people per square kilometre.

The Alberta rules that apply

Consumer lending in Alberta is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

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

Lougheed is one of 361 covered Alberta places, counted at 225 residents with a land area of 2.0 square kilometres.

At 225 residents in the 2021 Census, Lougheed is listed alongside the other covered places in Alberta.

The land area recorded for Lougheed is 2.0 square kilometres, and the population is 225 residents in the 2021 Census.

Lougheed sits at rank 301 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

Lougheed ranks 301 by 2021 Census population among the covered places in Alberta.

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

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

The density figure for Lougheed, 112.5 people per square kilometre, is calculated from the population and land area above.

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

Lougheed appears in the census record with 225 residents, and the density of 112.5 people per square kilometre follows from it.

Nothing on the Lougheed 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.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

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