Borrowing in Port Hope, Ontario

With 17,294 residents counted in the 2021 Census, Port Hope sits inside Ontario's provincial lending framework.

The census figures for Port Hope

Statistics Canada's 2021 Census gives Port Hope a population of 17,294. Land area for Port Hope is 278.8 square kilometres in the same census.

The arithmetic gives 62.0 people per square kilometre.

The 2021 Census population places it at rank 101 in the province.

Port Hope sits at rank 101 among the 527 Ontario places here, with 17,294 residents in the 2021 Census.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

The Ontario rules that apply

Provincial or territorial law decides who may lend in Ontario, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

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.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

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

The density figure for Port Hope, 62.0 people per square kilometre, is calculated from the population and land area above.

At 17,294 residents in the 2021 Census, Port Hope is listed alongside the other covered places in Ontario.

Port Hope sits at rank 101 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Port Hope is one of 527 covered Ontario places, counted at 17,294 residents with a land area of 278.8 square kilometres.

Port Hope appears in the census record with 17,294 residents, and the density of 62.0 people per square kilometre follows from it.

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

Port Hope ranks 101 by 2021 Census population among the covered places in Ontario.

The land area recorded for Port Hope is 278.8 square kilometres, and the population is 17,294 residents in the 2021 Census.

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

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

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.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.