Borrowing in Wawa, Ontario
A guide to borrowing in Wawa, Ontario, with the 2021 Census population of 2,705 and the provincial rules that apply locally.
With 2,705 residents counted in the 2021 Census, Wawa sits inside Ontario's provincial lending framework.
The census figures for Wawa
In the 2021 Census, Wawa had 2,705 residents. 411.9 square kilometres of land are attributed to Wawa.
The calculated density is 6.6 people per square kilometre.
By population it ranks 288 among the Ontario places covered here.
Wawa sits at rank 288 among the 527 Ontario places here, with 2,705 residents in the 2021 Census.
Products compared here
Each product below has its own page, and the Ontario position applies to all of them.
- 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
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.
In Ontario, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.
Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.
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 mortgage is registered against the property, which is what gives the lender its claim.
For Wawa, the two census fields above are the only local statistics used anywhere on the page.
Nothing on the Wawa page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.
The land area recorded for Wawa is 411.9 square kilometres, and the population is 2,705 residents in the 2021 Census.
Wawa ranks 288 by 2021 Census population among the covered places in Ontario.
Wawa appears in the census record with 2,705 residents, and the density of 6.6 people per square kilometre follows from it.
At 2,705 residents in the 2021 Census, Wawa is listed alongside the other covered places in Ontario.
Where a figure for Wawa could not be verified, the page names the publisher instead of printing a number.
Readers comparing Wawa with another community can use the same four census fields.
Wawa sits at rank 288 within Ontario in this data set, and the provincial rules apply as they do elsewhere.
Wawa is one of 527 covered Ontario places, counted at 2,705 residents with a land area of 411.9 square kilometres.
The density figure for Wawa, 6.6 people per square kilometre, is calculated from the population and land area above.
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.
Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.
Borrowing in Wawa
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