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Borrowing in Greater Sudbury / Grand Sudbury, Ontario

Greater Sudbury / Grand Sudbury, Ontario: 166,004 residents in the 2021 Census, 3186.3 square kilometres of land, and the provincial lending rules that apply across Ontario.

Province Ontario (ON)
Population, 2021 Census 166,004
Land area 3186.3 km²
Provincial regulator See the FCAC list

This page covers borrowing in Greater Sudbury / Grand Sudbury, Ontario: the census facts, the provincial rules, and the products people compare.

The census figures for Greater Sudbury / Grand Sudbury

The 2021 Census counted 166,004 residents in Greater Sudbury / Grand Sudbury. Its land area is 3186.3 square kilometres.

Population divided by land area produces a density of 52.1 people per square kilometre.

Greater Sudbury / Grand Sudbury ranks 15 by population among the Ontario places on this site.

Greater Sudbury / Grand Sudbury sits at rank 15 among the 527 Ontario places here, with 166,004 residents in the 2021 Census.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

  • Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
  • Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

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 is in the upper-middle band, and the provincial rules apply as they do across the province.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The Greater Sudbury / Grand Sudbury page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Greater Sudbury / Grand Sudbury could not be verified, the page names the publisher instead of printing a number.

At 166,004 residents in the 2021 Census, Greater Sudbury / Grand Sudbury is listed alongside the other covered places in Ontario.

The land area recorded for Greater Sudbury / Grand Sudbury is 3186.3 square kilometres, and the population is 166,004 residents in the 2021 Census.

Greater Sudbury / Grand Sudbury sits at rank 15 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

For Greater Sudbury / Grand Sudbury, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Greater Sudbury / Grand Sudbury with another community can use the same four census fields.

Greater Sudbury / Grand Sudbury appears in the census record with 166,004 residents, and the density of 52.1 people per square kilometre follows from it.

The density figure for Greater Sudbury / Grand Sudbury, 52.1 people per square kilometre, is calculated from the population and land area above.

Greater Sudbury / Grand Sudbury is one of 527 covered Ontario places, counted at 166,004 residents with a land area of 3186.3 square kilometres.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from 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.

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Greater Sudbury / Grand Sudbury

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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