Borrowing in Hiawatha First Nation, Ontario

Hiawatha First Nation is one of the Ontario places covered here, with 341 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

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.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Ontario, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Debt management plans are administered by accredited credit counsellors, and they are not loans. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

The census figures for Hiawatha First Nation

The 2021 Census counted 341 residents in Hiawatha First Nation. Land area for Hiawatha First Nation is 8.9 square kilometres in the same census.

The arithmetic gives 38.2 people per square kilometre.

Among covered Ontario places, Hiawatha First Nation sits at rank 462 by population.

Within Ontario, Hiawatha First Nation is place number 462 by population in this census set, at 341 residents.

Products compared here

Each product below has its own page, and the Ontario position applies to all of them.

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

At 341 residents in the 2021 Census, Hiawatha First Nation is listed alongside the other covered places in Ontario.

Readers comparing Hiawatha First Nation with another community can use the same four census fields.

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

Hiawatha First Nation appears in the census record with 341 residents, and the density of 38.2 people per square kilometre follows from it.

The density figure for Hiawatha First Nation, 38.2 people per square kilometre, is calculated from the population and land area above.

Hiawatha First Nation is one of 527 covered Ontario places, counted at 341 residents with a land area of 8.9 square kilometres.

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

Hiawatha First Nation ranks 462 by 2021 Census population among the covered places in Ontario.

Hiawatha First Nation sits at rank 462 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

The land area recorded for Hiawatha First Nation is 8.9 square kilometres, and the population is 341 residents in the 2021 Census.

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).

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