Borrowing in Brant, Ontario

Brant, Ontario, recorded a population of 39,474 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Ontario rules that apply

The body that licenses consumer lending in Ontario is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

A payday advance in Ontario falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

This community falls in the middle band, where the census fields and the provincial rules are the same as everywhere else in the province.

The census figures for Brant

In the 2021 Census, Brant had 39,474 residents. 817.7 square kilometres of land are attributed to Brant.

The arithmetic gives 48.3 people per square kilometre.

Among covered Ontario places, Brant sits at rank 55 by population.

Brant is one of 527 places listed for Ontario, ranked 55 by population and measured at 817.7 square kilometres.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Debt management plans are administered by accredited credit counsellors, and they are not loans. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

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

At 39,474 residents in the 2021 Census, Brant is listed alongside the other covered places in Ontario.

Brant ranks 55 by 2021 Census population among the covered places in Ontario.

Brant sits at rank 55 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

The density figure for Brant, 48.3 people per square kilometre, is calculated from the population and land area above.

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

Brant appears in the census record with 39,474 residents, and the density of 48.3 people per square kilometre follows from it.

The land area recorded for Brant is 817.7 square kilometres, and the population is 39,474 residents in the 2021 Census.

Nothing on the Brant 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.

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.