Borrowing in Grise Fiord, Nunavut

This page covers borrowing in Grise Fiord, Nunavut: the census facts, the provincial rules, and the products people compare.

The census figures for Grise Fiord

144 people were counted in Grise Fiord in the 2021 Census. 332.9 square kilometres of land are attributed to Grise Fiord.

Dividing population by land area gives 0.4 residents per square kilometre, rounded to one decimal place.

Among covered Nunavut places, Grise Fiord sits at rank 25 by population.

The place record for Grise Fiord covers 332.9 square kilometres and 144 residents, a density of 0.4 people per square kilometre.

The Nunavut rules that apply

Licensing for consumer credit in Nunavut 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) state that the territories have no specific payday lending rules, so no territorial cap is published for Nunavut and the limit should be confirmed with the territorial regulator.

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

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Products compared here

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

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

The density figure for Grise Fiord, 0.4 people per square kilometre, is calculated from the population and land area above.

Grise Fiord sits at rank 25 within Nunavut in this data set, and the provincial rules apply as they do elsewhere.

Grise Fiord is one of 25 covered Nunavut places, counted at 144 residents with a land area of 332.9 square kilometres.

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

Grise Fiord appears in the census record with 144 residents, and the density of 0.4 people per square kilometre follows from it.

At 144 residents in the 2021 Census, Grise Fiord is listed alongside the other covered places in Nunavut.

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

Grise Fiord ranks 25 by 2021 Census population among the covered places in Nunavut.

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

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

The land area recorded for Grise Fiord is 332.9 square kilometres, and the population is 144 residents in the 2021 Census.

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.