Borrowing in Annapolis Valley First Nation, Nova Scotia

With 743 residents counted in the 2021 Census, Annapolis Valley First Nation sits inside Nova Scotia's provincial lending framework.

The Nova Scotia rules that apply

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

The federal Payday Lending Regulations (SOR/2024-114) list Nova Scotia 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.

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

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

The census figures for Annapolis Valley First Nation

Statistics Canada's 2021 Census gives Annapolis Valley First Nation a population of 743. The community covers 0.7 square kilometres of land.

The arithmetic gives 1143.1 people per square kilometre.

Its provincial population rank is 70 within this data set.

Annapolis Valley First Nation sits at rank 70 among the 82 Nova Scotia places here, with 743 residents in the 2021 Census.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The density figure for Annapolis Valley First Nation, 1143.1 people per square kilometre, is calculated from the population and land area above.

At 743 residents in the 2021 Census, Annapolis Valley First Nation is listed alongside the other covered places in Nova Scotia.

Annapolis Valley First Nation is one of 82 covered Nova Scotia places, counted at 743 residents with a land area of 0.7 square kilometres.

Annapolis Valley First Nation ranks 70 by 2021 Census population among the covered places in Nova Scotia.

The Annapolis Valley First Nation page follows the same structure as every other place page, with population, land area, density and rank.

Annapolis Valley First Nation appears in the census record with 743 residents, and the density of 1143.1 people per square kilometre follows from it.

Annapolis Valley First Nation sits at rank 70 within Nova Scotia in this data set, and the provincial rules apply as they do elsewhere.

For Annapolis Valley First Nation, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Annapolis Valley First Nation is 0.7 square kilometres, and the population is 743 residents in the 2021 Census.

Readers comparing Annapolis Valley First Nation with another community can use the same four census fields.

Where a figure for Annapolis Valley First Nation could not be verified, the page names the publisher instead of printing a number.

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.

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.