Borrowing in Sarnia, Ontario

With 72,047 residents counted in the 2021 Census, Sarnia sits inside Ontario's provincial lending framework.

The census figures for Sarnia

The 2021 Census counted 72,047 residents in Sarnia. Statistics Canada lists 163.9 square kilometres of land for the community.

The calculated density is 439.6 people per square kilometre.

The 2021 Census population places it at rank 36 in the province.

The place record for Sarnia covers 163.9 square kilometres and 72,047 residents, a density of 439.6 people per square kilometre.

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.

A payday advance in Ontario falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

This is a mid-sized community in the middle band, which the site treats with the same provincial rulebook.

How borrowing works locally

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

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

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

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

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

Sarnia appears in the census record with 72,047 residents, and the density of 439.6 people per square kilometre follows from it.

The land area recorded for Sarnia is 163.9 square kilometres, and the population is 72,047 residents in the 2021 Census.

The density figure for Sarnia, 439.6 people per square kilometre, is calculated from the population and land area above.

At 72,047 residents in the 2021 Census, Sarnia is listed alongside the other covered places in Ontario.

Sarnia is one of 527 covered Ontario places, counted at 72,047 residents with a land area of 163.9 square kilometres.

Sarnia ranks 36 by 2021 Census population among the covered places in Ontario.

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

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

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.