Borrowing in Oro-Medonte, Ontario

Oro-Medonte is one of the Ontario places covered here, with 23,017 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

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, 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.

Size changes the census figures, not the rules; this community falls in the lower-middle band.

The census figures for Oro-Medonte

The 2021 Census counted 23,017 residents in Oro-Medonte. The census records a land area of 585.4 square kilometres for Oro-Medonte.

That gives a density of 39.3 people per square kilometre, rounded to one decimal place.

Among covered Ontario places, Oro-Medonte sits at rank 76 by population.

Oro-Medonte sits at rank 76 among the 527 Ontario places here, with 23,017 residents in the 2021 Census.

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

Readers comparing Oro-Medonte with another community can use the same four census fields.

The density figure for Oro-Medonte, 39.3 people per square kilometre, is calculated from the population and land area above.

Oro-Medonte ranks 76 by 2021 Census population among the covered places in Ontario.

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

Oro-Medonte sits at rank 76 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

At 23,017 residents in the 2021 Census, Oro-Medonte is listed alongside the other covered places in Ontario.

Oro-Medonte appears in the census record with 23,017 residents, and the density of 39.3 people per square kilometre follows from it.

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

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

The land area recorded for Oro-Medonte is 585.4 square kilometres, and the population is 23,017 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.

The provincial rules apply wherever a borrower is in Ontario; a municipal boundary does not change them.