Borrowing in Long Lake 58, Ontario

A loan taken out in Long Lake 58 is governed by Ontario's licensing rules, and the 2021 Census counted 410 people in the community.

Products compared here

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

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

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.

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.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

The census figures for Long Lake 58

Long Lake 58 recorded a population of 410 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 2.8 square kilometres of land for the community.

That gives a density of 149.1 people per square kilometre, rounded to one decimal place.

By population it ranks 443 among the Ontario places covered here.

Within Ontario, Long Lake 58 is place number 443 by population in this census set, at 410 residents.

The land area recorded for Long Lake 58 is 2.8 square kilometres, and the population is 410 residents in the 2021 Census.

Long Lake 58 ranks 443 by 2021 Census population among the covered places in Ontario.

The density figure for Long Lake 58, 149.1 people per square kilometre, is calculated from the population and land area above.

Long Lake 58 sits at rank 443 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing Long Lake 58 with another community can use the same four census fields.

Long Lake 58 is one of 527 covered Ontario places, counted at 410 residents with a land area of 2.8 square kilometres.

Nothing on the Long Lake 58 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Long Lake 58 page follows the same structure as every other place page, with population, land area, density and rank.

Long Lake 58 appears in the census record with 410 residents, and the density of 149.1 people per square kilometre follows from it.

At 410 residents in the 2021 Census, Long Lake 58 is listed alongside the other covered places in Ontario.

Where a figure for Long Lake 58 could not be verified, the page names the publisher instead of printing a number.

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.