Borrowing in North Spirit Lake, Ontario

A loan taken out in North Spirit Lake is governed by Ontario's licensing rules, and the 2021 Census counted 265 people in the community.

The census figures for North Spirit Lake

Statistics Canada's 2021 Census gives North Spirit Lake a population of 265. The community covers 18.2 square kilometres of land.

That gives a density of 14.6 people per square kilometre, rounded to one decimal place.

North Spirit Lake ranks 476 by population among the Ontario places on this site.

North Spirit Lake sits at rank 476 among the 527 Ontario places here, with 265 residents in the 2021 Census.

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.

The federal Payday Lending Regulations (SOR/2024-114) list Ontario among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

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.

How borrowing works locally

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

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A credit file is compiled by private agencies from information lenders and other creditors report.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

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

North Spirit Lake sits at rank 476 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

North Spirit Lake ranks 476 by 2021 Census population among the covered places in Ontario.

The density figure for North Spirit Lake, 14.6 people per square kilometre, is calculated from the population and land area above.

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

At 265 residents in the 2021 Census, North Spirit Lake is listed alongside the other covered places in Ontario.

The land area recorded for North Spirit Lake is 18.2 square kilometres, and the population is 265 residents in the 2021 Census.

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

North Spirit Lake appears in the census record with 265 residents, and the density of 14.6 people per square kilometre follows from it.

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.

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