Borrowing in Utikoomak Lake 155A, Alberta

Utikoomak Lake 155A, Alberta, recorded a population of 145 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

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. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

The census figures for Utikoomak Lake 155A

Statistics Canada's 2021 Census gives Utikoomak Lake 155A a population of 145. Statistics Canada lists 10.3 square kilometres of land for the community.

On those two figures, density is 14.1 residents per square kilometre when rounded to one decimal place.

By population it ranks 343 among the Alberta places covered here.

Utikoomak Lake 155A therefore appears at rank 343 of 361 covered Alberta places, with a density of 14.1 people per square kilometre.

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.

The federal Payday Lending Regulations (SOR/2024-114) list Alberta among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

For Utikoomak Lake 155A, the two census fields above are the only local statistics used anywhere on the page.

The Utikoomak Lake 155A page follows the same structure as every other place page, with population, land area, density and rank.

At 145 residents in the 2021 Census, Utikoomak Lake 155A is listed alongside the other covered places in Alberta.

Where a figure for Utikoomak Lake 155A could not be verified, the page names the publisher instead of printing a number.

Readers comparing Utikoomak Lake 155A with another community can use the same four census fields.

Nothing on the Utikoomak Lake 155A page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Utikoomak Lake 155A sits at rank 343 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Utikoomak Lake 155A ranks 343 by 2021 Census population among the covered places in Alberta.

Utikoomak Lake 155A is one of 361 covered Alberta places, counted at 145 residents with a land area of 10.3 square kilometres.

The density figure for Utikoomak Lake 155A, 14.1 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Utikoomak Lake 155A is 10.3 square kilometres, and the population is 145 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.

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).

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.