Borrowing in Rainy Lake 26A, Ontario

Rainy Lake 26A is one of the Ontario places covered here, with 158 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

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.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

The census figures for Rainy Lake 26A

Rainy Lake 26A recorded a population of 158 in Statistics Canada's 2021 Census of Population. The census records a land area of 24.1 square kilometres for Rainy Lake 26A.

Population divided by land area produces a density of 6.6 people per square kilometre.

Rainy Lake 26A ranks 503 by population among the Ontario places on this site.

Rainy Lake 26A sits at rank 503 among the 527 Ontario places here, with 158 residents in the 2021 Census.

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) count Ontario among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The land area recorded for Rainy Lake 26A is 24.1 square kilometres, and the population is 158 residents in the 2021 Census.

Rainy Lake 26A ranks 503 by 2021 Census population among the covered places in Ontario.

For Rainy Lake 26A, the two census fields above are the only local statistics used anywhere on the page.

The density figure for Rainy Lake 26A, 6.6 people per square kilometre, is calculated from the population and land area above.

Readers comparing Rainy Lake 26A with another community can use the same four census fields.

At 158 residents in the 2021 Census, Rainy Lake 26A is listed alongside the other covered places in Ontario.

Rainy Lake 26A is one of 527 covered Ontario places, counted at 158 residents with a land area of 24.1 square kilometres.

Rainy Lake 26A appears in the census record with 158 residents, and the density of 6.6 people per square kilometre follows from it.

Nothing on the Rainy Lake 26A page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Rainy Lake 26A sits at rank 503 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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.

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