Borrowing in Glooscap 35, Nova Scotia

Glooscap 35 is one of the Nova Scotia communities covered here, with a 2021 Census population of 111, and borrowing there is licensed under Nova Scotia's consumer credit rules.

The Nova Scotia rules that apply

The body that licenses consumer lending in Nova Scotia is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Nova Scotia, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Joint applications combine two incomes and two sets of obligations in the same assessment. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

The census figures for Glooscap 35

In the 2021 Census, Glooscap 35 had 111 residents. The census records a land area of 1.7 square kilometres for Glooscap 35.

That gives a density of 64.9 people per square kilometre, rounded to one decimal place.

Among covered Nova Scotia places, Glooscap 35 sits at rank 82 by population.

Compared with the other 82 covered Nova Scotia places, Glooscap 35 ranks 82 by population.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

At 111 residents in the 2021 Census, Glooscap 35 is listed alongside the other covered places in Nova Scotia.

Glooscap 35 is one of 82 covered Nova Scotia places, counted at 111 residents with a land area of 1.7 square kilometres.

Nothing on the Glooscap 35 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Glooscap 35 page follows the same structure as every other place page, with population, land area, density and rank.

Glooscap 35 appears in the census record with 111 residents, and the density of 64.9 people per square kilometre follows from it.

Glooscap 35 sits at rank 82 within Nova Scotia in this data set, and the provincial rules apply as they do elsewhere.

Glooscap 35 ranks 82 by 2021 Census population among the covered places in Nova Scotia.

For Glooscap 35, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Glooscap 35 is 1.7 square kilometres, and the population is 111 residents in the 2021 Census.

The density figure for Glooscap 35, 64.9 people per square kilometre, is calculated from the population and land area above.

Readers comparing Glooscap 35 with another community can use the same four census fields.

Where a figure for Glooscap 35 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.

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.