Borrowing in Gillies, Ontario

Gillies is one of the Ontario communities covered here, with a 2021 Census population of 441, and borrowing there is licensed under Ontario's consumer credit rules.

The census figures for Gillies

Gillies recorded a population of 441 in Statistics Canada's 2021 Census of Population. Its land area is 92.7 square kilometres.

The calculated density is 4.8 people per square kilometre.

Among covered Ontario places, Gillies sits at rank 438 by population.

Gillies is one of 527 places listed for Ontario, ranked 438 by population and measured at 92.7 square kilometres.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

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.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Debt management plans are administered by accredited credit counsellors, and they are not loans. A credit file is compiled by private agencies from information lenders and other creditors report.

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

Gillies sits at rank 438 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 441 residents in the 2021 Census, Gillies is listed alongside the other covered places in Ontario.

Gillies ranks 438 by 2021 Census population among the covered places in Ontario.

The land area recorded for Gillies is 92.7 square kilometres, and the population is 441 residents in the 2021 Census.

Gillies is one of 527 covered Ontario places, counted at 441 residents with a land area of 92.7 square kilometres.

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

The density figure for Gillies, 4.8 people per square kilometre, is calculated from the population and land area above.

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 provincial rules apply wherever a borrower is in Ontario; a municipal boundary does not change them.