Borrowing in Thessalon 12, Ontario

This page covers borrowing in Thessalon 12, Ontario: the census facts, the provincial rules, and the products people compare.

The census figures for Thessalon 12

In the 2021 Census, Thessalon 12 had 151 residents. Land area for Thessalon 12 is 9.6 square kilometres in the same census.

The calculated density is 15.8 people per square kilometre.

Thessalon 12 ranks 509 by population among the Ontario places on this site.

Thessalon 12 sits at rank 509 among the 527 Ontario places here, with 151 residents in the 2021 Census.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

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.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Thessalon 12 is one of 527 covered Ontario places, counted at 151 residents with a land area of 9.6 square kilometres.

At 151 residents in the 2021 Census, Thessalon 12 is listed alongside the other covered places in Ontario.

For Thessalon 12, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Thessalon 12 with another community can use the same four census fields.

Nothing on the Thessalon 12 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Thessalon 12 sits at rank 509 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

The Thessalon 12 page follows the same structure as every other place page, with population, land area, density and rank.

Thessalon 12 ranks 509 by 2021 Census population among the covered places in Ontario.

The land area recorded for Thessalon 12 is 9.6 square kilometres, and the population is 151 residents in the 2021 Census.

Thessalon 12 appears in the census record with 151 residents, and the density of 15.8 people per square kilometre follows from it.

The density figure for Thessalon 12, 15.8 people per square kilometre, is calculated from the population and land area above.

Where a figure for Thessalon 12 could not be verified, the page names the publisher instead of printing a number.

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 provincial rules apply wherever a borrower is in Ontario; a municipal boundary does not change them.