Borrowing in Vegreville, Alberta

With 5,689 residents counted in the 2021 Census, Vegreville sits inside Alberta's provincial lending framework.

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.

This community sits in the lower-middle population band, which changes the census figures rather than the rules.

The census figures for Vegreville

5,689 people were counted in Vegreville in the 2021 Census. Its land area is 14.1 square kilometres.

On those two figures, density is 404.0 residents per square kilometre when rounded to one decimal place.

The community is the 83rd largest place in the province within this census set.

Vegreville therefore appears at rank 83 of 361 covered Alberta places, with a density of 404.0 people per square kilometre.

Products compared here

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

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

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

At 5,689 residents in the 2021 Census, Vegreville is listed alongside the other covered places in Alberta.

Vegreville sits at rank 83 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

Vegreville ranks 83 by 2021 Census population among the covered places in Alberta.

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

The density figure for Vegreville, 404.0 people per square kilometre, is calculated from the population and land area above.

Vegreville appears in the census record with 5,689 residents, and the density of 404.0 people per square kilometre follows from it.

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

Vegreville is one of 361 covered Alberta places, counted at 5,689 residents with a land area of 14.1 square kilometres.

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

The land area recorded for Vegreville is 14.1 square kilometres, and the population is 5,689 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.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to 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.