Borrowing in Oyen, Alberta

With 917 residents counted in the 2021 Census, Oyen sits inside Alberta's provincial lending framework.

The census figures for Oyen

The 2021 Census counted 917 residents in Oyen. The census records a land area of 5.2 square kilometres for Oyen.

The arithmetic gives 178.1 people per square kilometre.

Among covered Alberta places, Oyen sits at rank 201 by population.

Oyen is one of 361 places listed for Alberta, ranked 201 by population and measured at 5.2 square kilometres.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

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.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Alberta, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

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

How borrowing works locally

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

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Oyen appears in the census record with 917 residents, and the density of 178.1 people per square kilometre follows from it.

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

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

Oyen is one of 361 covered Alberta places, counted at 917 residents with a land area of 5.2 square kilometres.

The density figure for Oyen, 178.1 people per square kilometre, is calculated from the population and land area above.

Oyen ranks 201 by 2021 Census population among the covered places in Alberta.

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

Oyen sits at rank 201 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

At 917 residents in the 2021 Census, Oyen is listed alongside the other covered places in Alberta.

The land area recorded for Oyen is 5.2 square kilometres, and the population is 917 residents in the 2021 Census.

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 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.