Borrowing in Piikani 147, Alberta

Piikani 147, Alberta, recorded a population of 1,550 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Alberta rules that apply

The regulator for consumer credit in Alberta is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

A payday advance in Alberta falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Piikani 147

Statistics Canada's 2021 Census gives Piikani 147 a population of 1,550. Statistics Canada lists 424.1 square kilometres of land for the community.

Dividing population by land area gives 3.7 residents per square kilometre, rounded to one decimal place.

Among covered Alberta places, Piikani 147 sits at rank 162 by population.

Compared with the other 361 covered Alberta places, Piikani 147 ranks 162 by population.

Products compared here

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

• 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.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. Debt management plans are administered by accredited credit counsellors, and they are not loans.

Piikani 147 ranks 162 by 2021 Census population among the covered places in Alberta.

The Piikani 147 page follows the same structure as every other place page, with population, land area, density and rank.

The land area recorded for Piikani 147 is 424.1 square kilometres, and the population is 1,550 residents in the 2021 Census.

The density figure for Piikani 147, 3.7 people per square kilometre, is calculated from the population and land area above.

For Piikani 147, the two census fields above are the only local statistics used anywhere on the page.

Where a figure for Piikani 147 could not be verified, the page names the publisher instead of printing a number.

Nothing on the Piikani 147 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Piikani 147 is one of 361 covered Alberta places, counted at 1,550 residents with a land area of 424.1 square kilometres.

Readers comparing Piikani 147 with another community can use the same four census fields.

Piikani 147 sits at rank 162 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

At 1,550 residents in the 2021 Census, Piikani 147 is listed alongside the other covered places in Alberta.

Piikani 147 appears in the census record with 1,550 residents, and the density of 3.7 people per square kilometre follows from it.

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.