Borrowing in Whitbourne, Newfoundland and Labrador

This page covers borrowing in Whitbourne, Newfoundland and Labrador: the census facts, the provincial rules, and the products people compare.

The Newfoundland and Labrador rules that apply

Consumer lending in Newfoundland and Labrador 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.

In Newfoundland and Labrador, 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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

The census figures for Whitbourne

Population for Whitbourne stands at 955 in the 2021 Census. The census records a land area of 21.5 square kilometres for Whitbourne.

The calculated density is 44.4 people per square kilometre.

By population it ranks 80 among the Newfoundland and Labrador places covered here.

Whitbourne therefore appears at rank 80 of 322 covered Newfoundland and Labrador places, with a density of 44.4 people per square kilometre.

Products compared here

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

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

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

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

At 955 residents in the 2021 Census, Whitbourne is listed alongside the other covered places in Newfoundland and Labrador.

The density figure for Whitbourne, 44.4 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Whitbourne is 21.5 square kilometres, and the population is 955 residents in the 2021 Census.

Whitbourne sits at rank 80 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Whitbourne appears in the census record with 955 residents, and the density of 44.4 people per square kilometre follows from it.

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

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

Whitbourne is one of 322 covered Newfoundland and Labrador places, counted at 955 residents with a land area of 21.5 square kilometres.

Whitbourne ranks 80 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

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).

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