Borrowing in Highlands East, Ontario

A loan taken out in Highlands East is governed by Ontario's licensing rules, and the 2021 Census counted 3,830 people in the community.

Products compared here

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

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

How borrowing works locally

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A credit file is compiled by private agencies from information lenders and other creditors report.

The Ontario rules that apply

Licensing for consumer credit in Ontario sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

The census figures for Highlands East

Highlands East recorded a population of 3,830 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 688.2 square kilometres of land for the community.

On those two figures, density is 5.6 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 257 in the province.

Highlands East therefore appears at rank 257 of 527 covered Ontario places, with a density of 5.6 people per square kilometre.

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

At 3,830 residents in the 2021 Census, Highlands East is listed alongside the other covered places in Ontario.

The Highlands East page follows the same structure as every other place page, with population, land area, density and rank.

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

Highlands East appears in the census record with 3,830 residents, and the density of 5.6 people per square kilometre follows from it.

Highlands East ranks 257 by 2021 Census population among the covered places in Ontario.

The land area recorded for Highlands East is 688.2 square kilometres, and the population is 3,830 residents in the 2021 Census.

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

Highlands East is one of 527 covered Ontario places, counted at 3,830 residents with a land area of 688.2 square kilometres.

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

The density figure for Highlands East, 5.6 people per square kilometre, is calculated from the population and land area above.

Highlands East sits at rank 257 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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.