Borrowing in Jocelyn, Ontario

With 314 residents counted in the 2021 Census, Jocelyn sits inside Ontario's provincial lending framework.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A credit file is compiled by private agencies from information lenders and other creditors report.

Products compared here

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

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

The census figures for Jocelyn

In the 2021 Census, Jocelyn had 314 residents. Statistics Canada lists 130.4 square kilometres of land for the community.

Population divided by land area produces a density of 2.4 people per square kilometre.

The community is the 466th largest place in the province within this census set.

Jocelyn is one of 527 places listed for Ontario, ranked 466 by population and measured at 130.4 square kilometres.

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.

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

Jocelyn is one of 527 covered Ontario places, counted at 314 residents with a land area of 130.4 square kilometres.

The density figure for Jocelyn, 2.4 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Jocelyn is 130.4 square kilometres, and the population is 314 residents in the 2021 Census.

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

Jocelyn ranks 466 by 2021 Census population among the covered places in Ontario.

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

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

Jocelyn appears in the census record with 314 residents, and the density of 2.4 people per square kilometre follows from it.

Jocelyn sits at rank 466 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

At 314 residents in the 2021 Census, Jocelyn is listed alongside the other covered places in Ontario.

Nothing on the Jocelyn 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.

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.

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