Borrowing in Paqtnkek-Niktuek No. 23, Nova Scotia

Paqtnkek-Niktuek No. 23, Nova Scotia, recorded a population of 372 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Paqtnkek-Niktuek No. 23

372 people were counted in Paqtnkek-Niktuek No. 23 in the 2021 Census. Land area for Paqtnkek-Niktuek No. 23 is 2.7 square kilometres in the same census.

Population divided by land area produces a density of 137.3 people per square kilometre.

Its provincial population rank is 78 within this data set.

Paqtnkek-Niktuek No. 23 sits at rank 78 among the 82 Nova Scotia places here, with 372 residents in the 2021 Census.

Products compared here

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

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

How borrowing works locally

Joint applications combine two incomes and two sets of obligations in the same assessment.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Nothing on the Paqtnkek-Niktuek No. 23 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Paqtnkek-Niktuek No. 23 is one of 82 covered Nova Scotia places, counted at 372 residents with a land area of 2.7 square kilometres.

For Paqtnkek-Niktuek No. 23, the two census fields above are the only local statistics used anywhere on the page.

Where a figure for Paqtnkek-Niktuek No. 23 could not be verified, the page names the publisher instead of printing a number.

The density figure for Paqtnkek-Niktuek No. 23, 137.3 people per square kilometre, is calculated from the population and land area above.

At 372 residents in the 2021 Census, Paqtnkek-Niktuek No. 23 is listed alongside the other covered places in Nova Scotia.

Paqtnkek-Niktuek No. 23 sits at rank 78 within Nova Scotia in this data set, and the provincial rules apply as they do elsewhere.

Paqtnkek-Niktuek No. 23 ranks 78 by 2021 Census population among the covered places in Nova Scotia.

The land area recorded for Paqtnkek-Niktuek No. 23 is 2.7 square kilometres, and the population is 372 residents in the 2021 Census.

Paqtnkek-Niktuek No. 23 appears in the census record with 372 residents, and the density of 137.3 people per square kilometre follows from it.

Readers comparing Paqtnkek-Niktuek No. 23 with another community can use the same four census fields.

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 provincial rules apply wherever a borrower is in Nova Scotia; a municipal boundary does not change them.