Borrowing in Huron Shores, Ontario

A loan taken out in Huron Shores is governed by Ontario's licensing rules, and the 2021 Census counted 1,860 people in the community.

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.

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.

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

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.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

The census figures for Huron Shores

The 2021 Census counted 1,860 residents in Huron Shores. Land area for Huron Shores is 451.9 square kilometres in the same census.

Dividing population by land area gives 4.1 residents per square kilometre, rounded to one decimal place.

Among covered Ontario places, Huron Shores sits at rank 313 by population.

Huron Shores therefore appears at rank 313 of 527 covered Ontario places, with a density of 4.1 people per square kilometre.

Products compared here

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

• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

Huron Shores is one of 527 covered Ontario places, counted at 1,860 residents with a land area of 451.9 square kilometres.

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

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

The density figure for Huron Shores, 4.1 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Huron Shores is 451.9 square kilometres, and the population is 1,860 residents in the 2021 Census.

Huron Shores ranks 313 by 2021 Census population among the covered places in Ontario.

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

Huron Shores appears in the census record with 1,860 residents, and the density of 4.1 people per square kilometre follows from it.

Huron Shores sits at rank 313 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

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 same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.