Borrowing in Rosemary, Alberta

Rosemary, Alberta, recorded a population of 370 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Alberta rules that apply

Consumer credit in Alberta is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of 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).

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Debt management plans are administered by accredited credit counsellors, and they are not loans. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

The census figures for Rosemary

Rosemary recorded a population of 370 in Statistics Canada's 2021 Census of Population. Its land area is 0.6 square kilometres.

Population divided by land area produces a density of 627.1 people per square kilometre.

Among covered Alberta places, Rosemary sits at rank 268 by population.

Rosemary sits at rank 268 among the 361 Alberta places here, with 370 residents in the 2021 Census.

Products compared here

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

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

Rosemary ranks 268 by 2021 Census population among the covered places in Alberta.

The density figure for Rosemary, 627.1 people per square kilometre, is calculated from the population and land area above.

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

At 370 residents in the 2021 Census, Rosemary is listed alongside the other covered places in Alberta.

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

The land area recorded for Rosemary is 0.6 square kilometres, and the population is 370 residents in the 2021 Census.

Rosemary appears in the census record with 370 residents, and the density of 627.1 people per square kilometre follows from it.

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

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

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

Rosemary sits at rank 268 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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