Borrowing in Pic River 50, Ontario

With 372 residents counted in the 2021 Census, Pic River 50 sits inside Ontario's provincial lending framework.

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.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

How borrowing works locally

An application usually asks for identification, income evidence, banking details and a statement of obligations.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

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, 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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

The census figures for Pic River 50

Population for Pic River 50 stands at 372 in the 2021 Census. Statistics Canada lists 4.0 square kilometres of land for the community.

Dividing population by land area gives 92.3 residents per square kilometre, rounded to one decimal place.

By population it ranks 455 among the Ontario places covered here.

Pic River 50 is one of 527 places listed for Ontario, ranked 455 by population and measured at 4.0 square kilometres.

Pic River 50 sits at rank 455 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing Pic River 50 with another community can use the same four census fields.

For Pic River 50, the two census fields above are the only local statistics used anywhere on the page.

Nothing on the Pic River 50 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

At 372 residents in the 2021 Census, Pic River 50 is listed alongside the other covered places in Ontario.

The Pic River 50 page follows the same structure as every other place page, with population, land area, density and rank.

Pic River 50 appears in the census record with 372 residents, and the density of 92.3 people per square kilometre follows from it.

Pic River 50 is one of 527 covered Ontario places, counted at 372 residents with a land area of 4.0 square kilometres.

Where a figure for Pic River 50 could not be verified, the page names the publisher instead of printing a number.

The density figure for Pic River 50, 92.3 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Pic River 50 is 4.0 square kilometres, and the population is 372 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.

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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.