Borrowing in Wood Buffalo, Alberta

Wood Buffalo is one of the Alberta communities covered here, with a 2021 Census population of 72,326, and borrowing there is licensed under Alberta's consumer credit rules.

The census figures for Wood Buffalo

Statistics Canada's 2021 Census gives Wood Buffalo a population of 72,326. Statistics Canada lists 60843.9 square kilometres of land for the community.

On those two figures, density is 1.2 residents per square kilometre when rounded to one decimal place.

By population it ranks 7 among the Alberta places covered here.

Within Alberta, Wood Buffalo is place number 7 by population in this census set, at 72,326 residents.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

The Alberta rules that apply

Licensing for consumer credit in Alberta sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

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.

This is a mid-sized community in the middle band, which the site treats with the same provincial rulebook.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Debt management plans are administered by accredited credit counsellors, and they are not loans. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Wood Buffalo is one of 361 covered Alberta places, counted at 72,326 residents with a land area of 60843.9 square kilometres.

At 72,326 residents in the 2021 Census, Wood Buffalo is listed alongside the other covered places in Alberta.

The land area recorded for Wood Buffalo is 60843.9 square kilometres, and the population is 72,326 residents in the 2021 Census.

Wood Buffalo ranks 7 by 2021 Census population among the covered places in Alberta.

The density figure for Wood Buffalo, 1.2 people per square kilometre, is calculated from the population and land area above.

Wood Buffalo sits at rank 7 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

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

Wood Buffalo appears in the census record with 72,326 residents, and the density of 1.2 people per square kilometre follows from it.

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

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

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.