Borrowing in Tiny, Ontario

Tiny is one of the Ontario communities covered here, with a 2021 Census population of 12,966, and borrowing there is licensed under Ontario's consumer credit rules.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file. Joint applications combine two incomes and two sets of obligations in the same assessment.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

The census figures for Tiny

12,966 people were counted in Tiny in the 2021 Census. Land area for Tiny is 335.1 square kilometres in the same census.

Population divided by land area produces a density of 38.7 people per square kilometre.

The community is the 123rd largest place in the province within this census set.

Within Ontario, Tiny is place number 123 by population in this census set, at 12,966 residents.

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.

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 community sits in the lower-middle population band, which changes the census figures rather than the rules.

Tiny is one of 527 covered Ontario places, counted at 12,966 residents with a land area of 335.1 square kilometres.

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

Tiny sits at rank 123 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Tiny ranks 123 by 2021 Census population among the covered places in Ontario.

The land area recorded for Tiny is 335.1 square kilometres, and the population is 12,966 residents in the 2021 Census.

At 12,966 residents in the 2021 Census, Tiny is listed alongside the other covered places in Ontario.

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

Tiny appears in the census record with 12,966 residents, and the density of 38.7 people per square kilometre follows from it.

The density figure for Tiny, 38.7 people per square kilometre, is calculated from the population and land area above.

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

For Tiny, 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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.