Borrowing in Brampton, Ontario

With 656,480 residents counted in the 2021 Census, Brampton sits inside Ontario's provincial lending framework.

The census figures for Brampton

Brampton recorded a population of 656,480 in Statistics Canada's 2021 Census of Population. The census records a land area of 265.9 square kilometres for Brampton.

The calculated density is 2469.0 people per square kilometre.

Among covered Ontario places, Brampton sits at rank 4 by population.

Brampton is one of 527 places listed for Ontario, ranked 4 by population and measured at 265.9 square kilometres.

The Ontario rules that apply

Licensing for consumer credit in Ontario sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

In Ontario, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

This place sits in the largest band, and every lending rule that applies is provincial rather than municipal.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

The density figure for Brampton, 2469.0 people per square kilometre, is calculated from the population and land area above.

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

Brampton appears in the census record with 656,480 residents, and the density of 2469.0 people per square kilometre follows from it.

At 656,480 residents in the 2021 Census, Brampton is listed alongside the other covered places in Ontario.

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

Brampton ranks 4 by 2021 Census population among the covered places in Ontario.

The land area recorded for Brampton is 265.9 square kilometres, and the population is 656,480 residents in the 2021 Census.

Brampton sits at rank 4 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

Brampton is one of 527 covered Ontario places, counted at 656,480 residents with a land area of 265.9 square kilometres.

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

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.