Borrowing in Brooke-Alvinston, Ontario

Brooke-Alvinston, Ontario, recorded a population of 2,359 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Brooke-Alvinston

2,359 people were counted in Brooke-Alvinston in the 2021 Census. The community covers 311.4 square kilometres of land.

Dividing population by land area gives 7.6 residents per square kilometre, rounded to one decimal place.

Among covered Ontario places, Brooke-Alvinston sits at rank 300 by population.

Compared with the other 527 covered Ontario places, Brooke-Alvinston ranks 300 by population.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• 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.

The Ontario rules that apply

The regulator for consumer credit in Ontario is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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).

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

An application usually asks for identification, income evidence, banking details and a statement of obligations.

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 mortgage is registered against the property, which is what gives the lender its claim.

Brooke-Alvinston ranks 300 by 2021 Census population among the covered places in Ontario.

At 2,359 residents in the 2021 Census, Brooke-Alvinston is listed alongside the other covered places in Ontario.

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

Readers comparing Brooke-Alvinston with another community can use the same four census fields.

Brooke-Alvinston is one of 527 covered Ontario places, counted at 2,359 residents with a land area of 311.4 square kilometres.

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

The density figure for Brooke-Alvinston, 7.6 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Brooke-Alvinston is 311.4 square kilometres, and the population is 2,359 residents in the 2021 Census.

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

Brooke-Alvinston appears in the census record with 2,359 residents, and the density of 7.6 people per square kilometre follows from it.

Brooke-Alvinston sits at rank 300 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

For Brooke-Alvinston, 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.