Borrowing in James, Ontario

A loan taken out in James is governed by Ontario's licensing rules, and the 2021 Census counted 348 people in the community.

Products compared here

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

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

The Ontario rules that apply

Consumer lending in Ontario is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

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 James

In the 2021 Census, James had 348 residents. 85.4 square kilometres of land are attributed to James.

The arithmetic gives 4.1 people per square kilometre.

James ranks 461 by population among the Ontario places on this site.

James is one of 527 places listed for Ontario, ranked 461 by population and measured at 85.4 square kilometres.

James sits at rank 461 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for James is 85.4 square kilometres, and the population is 348 residents in the 2021 Census.

At 348 residents in the 2021 Census, James is listed alongside the other covered places in Ontario.

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

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

James is one of 527 covered Ontario places, counted at 348 residents with a land area of 85.4 square kilometres.

James appears in the census record with 348 residents, and the density of 4.1 people per square kilometre follows from it.

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

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

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

James ranks 461 by 2021 Census population among the covered places in Ontario.

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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