Borrowing in Fort McPherson, Northwest Territories

This page covers borrowing in Fort McPherson, Northwest Territories: the census facts, the provincial rules, and the products people compare.

The Northwest Territories rules that apply

Consumer lending in Northwest Territories 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.

No territorial payday cap is published for Northwest Territories; the federal Payday Lending Regulations (SOR/2024-114) confirm that the territories have no specific payday lending rules, and the limit should be confirmed with the regulator.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

The census figures for Fort McPherson

In the 2021 Census, Fort McPherson had 647 residents. The community covers 53.8 square kilometres of land.

On those two figures, density is 12.0 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 9 within this data set.

The place record for Fort McPherson covers 53.8 square kilometres and 647 residents, a density of 12.0 people per square kilometre.

Products compared here

Each product below has its own page, and the Northwest Territories position applies to all of them.

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Fort McPherson is one of 29 covered Northwest Territories places, counted at 647 residents with a land area of 53.8 square kilometres.

Fort McPherson ranks 9 by 2021 Census population among the covered places in Northwest Territories.

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

Fort McPherson appears in the census record with 647 residents, and the density of 12.0 people per square kilometre follows from it.

At 647 residents in the 2021 Census, Fort McPherson is listed alongside the other covered places in Northwest Territories.

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

Fort McPherson sits at rank 9 within Northwest Territories in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Fort McPherson, 12.0 people per square kilometre, is calculated from the population and land area above.

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

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

The land area recorded for Fort McPherson is 53.8 square kilometres, and the population is 647 residents in the 2021 Census.

Nothing on the Fort McPherson 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).

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