Borrowing in Kenora 38B, Ontario

A loan taken out in Kenora 38B is governed by Ontario's licensing rules, and the 2021 Census counted 402 people in the community.

The Ontario rules that apply

Consumer credit in Ontario is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

The census figures for Kenora 38B

In the 2021 Census, Kenora 38B had 402 residents. The census records a land area of 19.4 square kilometres for Kenora 38B.

Dividing population by land area gives 20.7 residents per square kilometre, rounded to one decimal place.

The community is the 445th largest place in the province within this census set.

Kenora 38B sits at rank 445 among the 527 Ontario places here, with 402 residents in the 2021 Census.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

Readers comparing Kenora 38B with another community can use the same four census fields.

The Kenora 38B page follows the same structure as every other place page, with population, land area, density and rank.

Kenora 38B appears in the census record with 402 residents, and the density of 20.7 people per square kilometre follows from it.

Where a figure for Kenora 38B could not be verified, the page names the publisher instead of printing a number.

The density figure for Kenora 38B, 20.7 people per square kilometre, is calculated from the population and land area above.

For Kenora 38B, the two census fields above are the only local statistics used anywhere on the page.

Kenora 38B sits at rank 445 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Nothing on the Kenora 38B page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

At 402 residents in the 2021 Census, Kenora 38B is listed alongside the other covered places in Ontario.

Kenora 38B is one of 527 covered Ontario places, counted at 402 residents with a land area of 19.4 square kilometres.

Kenora 38B ranks 445 by 2021 Census population among the covered places in Ontario.

The land area recorded for Kenora 38B is 19.4 square kilometres, and the population is 402 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.

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.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.