Borrowing in Shoal Lake 39A, Ontario

Shoal Lake 39A, Ontario, recorded a population of 445 in the 2021 Census; the rules that govern a loan signed there are provincial.

Products compared here

Each product below has its own page, and the Ontario position applies to all of them.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A credit file is compiled by private agencies from information lenders and other creditors report.

The Ontario rules that apply

Consumer lending in Ontario is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

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

The census figures for Shoal Lake 39A

In the 2021 Census, Shoal Lake 39A had 445 residents. 32.5 square kilometres of land are attributed to Shoal Lake 39A.

The calculated density is 13.7 people per square kilometre.

Among covered Ontario places, Shoal Lake 39A sits at rank 437 by population.

Compared with the other 527 covered Ontario places, Shoal Lake 39A ranks 437 by population.

Shoal Lake 39A is one of 527 covered Ontario places, counted at 445 residents with a land area of 32.5 square kilometres.

Nothing on the Shoal Lake 39A page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

At 445 residents in the 2021 Census, Shoal Lake 39A is listed alongside the other covered places in Ontario.

Shoal Lake 39A ranks 437 by 2021 Census population among the covered places in Ontario.

Shoal Lake 39A appears in the census record with 445 residents, and the density of 13.7 people per square kilometre follows from it.

The density figure for Shoal Lake 39A, 13.7 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Shoal Lake 39A is 32.5 square kilometres, and the population is 445 residents in the 2021 Census.

Shoal Lake 39A sits at rank 437 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing Shoal Lake 39A with another community can use the same four census fields.

Where a figure for Shoal Lake 39A could not be verified, the page names the publisher instead of printing a number.

The Shoal Lake 39A page follows the same structure as every other place page, with population, land area, density and rank.

For Shoal Lake 39A, 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.

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).

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