Borrowing in Heart's Desire, Newfoundland and Labrador

A loan taken out in Heart's Desire is governed by Newfoundland and Labrador's licensing rules, and the 2021 Census counted 184 people in the community.

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

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

The Newfoundland and Labrador rules that apply

Provincial or territorial law decides who may lend in Newfoundland and Labrador, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

The federal Payday Lending Regulations (SOR/2024-114) count Newfoundland and Labrador among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

At the small end of the census range, the community still borrows inside the province's licensing system.

The census figures for Heart's Desire

The 2021 Census counted 184 residents in Heart's Desire. Statistics Canada lists 17.0 square kilometres of land for the community.

On those two figures, density is 10.8 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 273 within this data set.

Compared with the other 322 covered Newfoundland and Labrador places, Heart's Desire ranks 273 by population.

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

The land area recorded for Heart's Desire is 17.0 square kilometres, and the population is 184 residents in the 2021 Census.

The Heart's Desire page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Heart's Desire could not be verified, the page names the publisher instead of printing a number.

Heart's Desire is one of 322 covered Newfoundland and Labrador places, counted at 184 residents with a land area of 17.0 square kilometres.

Readers comparing Heart's Desire with another community can use the same four census fields.

The density figure for Heart's Desire, 10.8 people per square kilometre, is calculated from the population and land area above.

At 184 residents in the 2021 Census, Heart's Desire is listed alongside the other covered places in Newfoundland and Labrador.

For Heart's Desire, the two census fields above are the only local statistics used anywhere on the page.

Heart's Desire sits at rank 273 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Heart's Desire appears in the census record with 184 residents, and the density of 10.8 people per square kilometre follows from it.

Heart's Desire ranks 273 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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