Borrowing in Kingfisher Lake 1, Ontario

Kingfisher Lake 1, Ontario, recorded a population of 511 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Kingfisher Lake 1

511 people were counted in Kingfisher Lake 1 in the 2021 Census. The census records a land area of 9.1 square kilometres for Kingfisher Lake 1.

The calculated density is 56.0 people per square kilometre.

Its provincial population rank is 428 within this data set.

Kingfisher Lake 1 sits at rank 428 among the 527 Ontario places here, with 511 residents in the 2021 Census.

The Ontario rules that apply

Provincial or territorial law decides who may lend in Ontario, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Ontario, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

Kingfisher Lake 1 appears in the census record with 511 residents, and the density of 56.0 people per square kilometre follows from it.

Nothing on the Kingfisher Lake 1 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Readers comparing Kingfisher Lake 1 with another community can use the same four census fields.

Kingfisher Lake 1 ranks 428 by 2021 Census population among the covered places in Ontario.

Kingfisher Lake 1 sits at rank 428 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Kingfisher Lake 1 could not be verified, the page names the publisher instead of printing a number.

Kingfisher Lake 1 is one of 527 covered Ontario places, counted at 511 residents with a land area of 9.1 square kilometres.

The Kingfisher Lake 1 page follows the same structure as every other place page, with population, land area, density and rank.

The density figure for Kingfisher Lake 1, 56.0 people per square kilometre, is calculated from the population and land area above.

For Kingfisher Lake 1, the two census fields above are the only local statistics used anywhere on the page.

At 511 residents in the 2021 Census, Kingfisher Lake 1 is listed alongside the other 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.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

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