Borrowing in St. Clair, Ontario

A loan taken out in St. Clair is governed by Ontario's licensing rules, and the 2021 Census counted 14,659 people in the community.

The census figures for St. Clair

Statistics Canada's 2021 Census gives St. Clair a population of 14,659. Land area for St. Clair is 618.6 square kilometres in the same census.

Population divided by land area produces a density of 23.7 people per square kilometre.

Its provincial population rank is 109 within this data set.

Compared with the other 527 covered Ontario places, St. Clair ranks 109 by population.

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.

Places in the lower-middle band group smaller towns and municipalities under the same provincial framework.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. Debt management plans are administered by accredited credit counsellors, and they are not loans.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

St. Clair ranks 109 by 2021 Census population among the covered places in Ontario.

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

St. Clair sits at rank 109 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

The density figure for St. Clair, 23.7 people per square kilometre, is calculated from the population and land area above.

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

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

St. Clair is one of 527 covered Ontario places, counted at 14,659 residents with a land area of 618.6 square kilometres.

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

The land area recorded for St. Clair is 618.6 square kilometres, and the population is 14,659 residents in the 2021 Census.

At 14,659 residents in the 2021 Census, St. Clair is listed alongside the other covered places in Ontario.

St. Clair appears in the census record with 14,659 residents, and the density of 23.7 people per square kilometre follows from it.

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).

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.