Borrowing in Meaford, Ontario

A loan taken out in Meaford is governed by Ontario's licensing rules, and the 2021 Census counted 11,485 people in the community.

The Ontario rules that apply

Licensing for consumer credit in Ontario sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) count Ontario among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

In the lower-middle band, pages carry the census figures for the place and the same provincial lending position as larger centres.

How borrowing works locally

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

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

The census figures for Meaford

The 2021 Census counted 11,485 residents in Meaford. Its land area is 587.6 square kilometres.

Dividing population by land area gives 19.5 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 132 in the province.

The place record for Meaford covers 587.6 square kilometres and 11,485 residents, a density of 19.5 people per square kilometre.

Products compared here

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

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

Meaford sits at rank 132 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Meaford is one of 527 covered Ontario places, counted at 11,485 residents with a land area of 587.6 square kilometres.

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

The density figure for Meaford, 19.5 people per square kilometre, is calculated from the population and land area above.

Meaford appears in the census record with 11,485 residents, and the density of 19.5 people per square kilometre follows from it.

At 11,485 residents in the 2021 Census, Meaford is listed alongside the other covered places in Ontario.

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

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

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

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

Meaford ranks 132 by 2021 Census population among the covered places in Ontario.

The land area recorded for Meaford is 587.6 square kilometres, and the population is 11,485 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.

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).

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