Borrowing in The Archipelago, Ontario

The Archipelago is one of the Ontario communities covered here, with a 2021 Census population of 979, and borrowing there is licensed under Ontario's consumer credit rules.

The census figures for The Archipelago

Statistics Canada's 2021 Census gives The Archipelago a population of 979. Statistics Canada lists 592.1 square kilometres of land for the community.

Dividing population by land area gives 1.7 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 360 in the province.

The Archipelago therefore appears at rank 360 of 527 covered Ontario places, with a density of 1.7 people per square kilometre.

Products compared here

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

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The Ontario rules that apply

The body that licenses consumer lending in Ontario is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

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.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

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

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

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

The Archipelago ranks 360 by 2021 Census population among the covered places in Ontario.

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

At 979 residents in the 2021 Census, The Archipelago is listed alongside the other covered places in Ontario.

The land area recorded for The Archipelago is 592.1 square kilometres, and the population is 979 residents in the 2021 Census.

The Archipelago appears in the census record with 979 residents, and the density of 1.7 people per square kilometre follows from it.

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

The density figure for The Archipelago, 1.7 people per square kilometre, is calculated from the population and land area above.

The Archipelago sits at rank 360 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.

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.