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Borrowing in Pickle Lake, Ontario

Population 398, land area 247.2 square kilometres: the census facts for Pickle Lake, plus how consumer credit is regulated in Ontario.

Province Ontario (ON)
Population, 2021 Census 398
Land area 247.2 km²
Provincial regulator See the FCAC list

Pickle Lake, Ontario, recorded a population of 398 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

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.

The census figures for Pickle Lake

398 people were counted in Pickle Lake in the 2021 Census. Statistics Canada lists 247.2 square kilometres of land for the community.

The calculated density is 1.6 people per square kilometre.

Its provincial population rank is 447 within this data set.

Pickle Lake sits at rank 447 among the 527 Ontario places here, with 398 residents in the 2021 Census.

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.

  • 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.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

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

Pickle Lake ranks 447 by 2021 Census population among the covered places in Ontario.

At 398 residents in the 2021 Census, Pickle Lake is listed alongside the other covered places in Ontario.

Pickle Lake appears in the census record with 398 residents, and the density of 1.6 people per square kilometre follows from it.

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

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

The land area recorded for Pickle Lake is 247.2 square kilometres, and the population is 398 residents in the 2021 Census.

Pickle Lake is one of 527 covered Ontario places, counted at 398 residents with a land area of 247.2 square kilometres.

Pickle Lake sits at rank 447 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

The density figure for Pickle Lake, 1.6 people per square kilometre, is calculated from the population and land area above.

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).

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

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Pickle Lake

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

Nearby places

Toronto 2,794,356 Ottawa 1,017,449 Mississauga 717,961 Brampton 656,480 Hamilton 569,353 London 422,324

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