Borrowing in Pelican Narrows, Alberta

A loan taken out in Pelican Narrows is governed by Alberta's licensing rules, and the 2021 Census counted 158 people in the community.

The census figures for Pelican Narrows

Population for Pelican Narrows stands at 158 in the 2021 Census. Land area for Pelican Narrows is 0.7 square kilometres in the same census.

The arithmetic gives 213.5 people per square kilometre.

Among covered Alberta places, Pelican Narrows sits at rank 335 by population.

The place record for Pelican Narrows covers 0.7 square kilometres and 158 residents, a density of 213.5 people per square kilometre.

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.

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.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Products compared here

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

• 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.

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

Pelican Narrows appears in the census record with 158 residents, and the density of 213.5 people per square kilometre follows from it.

At 158 residents in the 2021 Census, Pelican Narrows is listed alongside the other covered places in Alberta.

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

The density figure for Pelican Narrows, 213.5 people per square kilometre, is calculated from the population and land area above.

Pelican Narrows is one of 361 covered Alberta places, counted at 158 residents with a land area of 0.7 square kilometres.

The land area recorded for Pelican Narrows is 0.7 square kilometres, and the population is 158 residents in the 2021 Census.

Pelican Narrows ranks 335 by 2021 Census population among the covered places in Alberta.

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

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

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

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.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.