Borrowing in Halifax, Nova Scotia

A loan taken out in Halifax is governed by Nova Scotia's licensing rules, and the 2021 Census counted 439,819 people in the community.

The Nova Scotia rules that apply

Consumer credit in Nova Scotia is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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 this size the census figures are large, but the licensing position is the same provincial one.

How borrowing works locally

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

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A mortgage is registered against the property, which is what gives the lender its claim.

The census figures for Halifax

439,819 people were counted in Halifax in the 2021 Census. Land area for Halifax is 5475.6 square kilometres in the same census.

That gives a density of 80.3 people per square kilometre, rounded to one decimal place.

The community is the 1st largest place in the province within this census set.

Halifax sits at rank 1 among the 82 Nova Scotia places here, with 439,819 residents in the 2021 Census.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

Halifax appears in the census record with 439,819 residents, and the density of 80.3 people per square kilometre follows from it.

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

The density figure for Halifax, 80.3 people per square kilometre, is calculated from the population and land area above.

Halifax is one of 82 covered Nova Scotia places, counted at 439,819 residents with a land area of 5475.6 square kilometres.

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

The land area recorded for Halifax is 5475.6 square kilometres, and the population is 439,819 residents in the 2021 Census.

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

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

Halifax sits at rank 1 within Nova Scotia in this data set, and the provincial rules apply as they do elsewhere.

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

Halifax ranks 1 by 2021 Census population among the covered places in Nova Scotia.

At 439,819 residents in the 2021 Census, Halifax is listed alongside the other covered places in Nova Scotia.

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.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.