Borrowing in Elizabethtown-Kitley, Ontario

Elizabethtown-Kitley, Ontario, recorded a population of 9,545 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Elizabethtown-Kitley

Elizabethtown-Kitley recorded a population of 9,545 in Statistics Canada's 2021 Census of Population. Its land area is 556.0 square kilometres.

On those two figures, density is 17.2 residents per square kilometre when rounded to one decimal place.

The community is the 157th largest place in the province within this census set.

Within Ontario, Elizabethtown-Kitley is place number 157 by population in this census set, at 9,545 residents.

The Ontario rules that apply

Provincial or territorial law decides who may lend in Ontario, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

Payday lending is licensed in Ontario; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

Municipalities of this size are grouped together here, with the province setting the licensing position for all of them.

How borrowing works locally

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

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

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.

The density figure for Elizabethtown-Kitley, 17.2 people per square kilometre, is calculated from the population and land area above.

Elizabethtown-Kitley appears in the census record with 9,545 residents, and the density of 17.2 people per square kilometre follows from it.

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

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

Elizabethtown-Kitley sits at rank 157 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Elizabethtown-Kitley is one of 527 covered Ontario places, counted at 9,545 residents with a land area of 556.0 square kilometres.

Readers comparing Elizabethtown-Kitley with another community can use the same four census fields.

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

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

The land area recorded for Elizabethtown-Kitley is 556.0 square kilometres, and the population is 9,545 residents in the 2021 Census.

Elizabethtown-Kitley ranks 157 by 2021 Census population among the covered places in Ontario.

At 9,545 residents in the 2021 Census, Elizabethtown-Kitley is listed alongside the other covered places in Ontario.

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.

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