Borrowing in Woodstock, Ontario

With 46,705 residents counted in the 2021 Census, Woodstock sits inside Ontario's provincial lending framework.

The Ontario rules that apply

Consumer lending in Ontario is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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).

The middle band covers larger towns and smaller cities, all inside one provincial licensing framework.

How borrowing works locally

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

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

The census figures for Woodstock

46,705 people were counted in Woodstock in the 2021 Census. Statistics Canada lists 56.5 square kilometres of land for the community.

Dividing population by land area gives 827.2 residents per square kilometre, rounded to one decimal place.

The community is the 47th largest place in the province within this census set.

Within Ontario, Woodstock is place number 47 by population in this census set, at 46,705 residents.

Products compared here

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

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

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

Woodstock appears in the census record with 46,705 residents, and the density of 827.2 people per square kilometre follows from it.

The density figure for Woodstock, 827.2 people per square kilometre, is calculated from the population and land area above.

Woodstock is one of 527 covered Ontario places, counted at 46,705 residents with a land area of 56.5 square kilometres.

Woodstock ranks 47 by 2021 Census population among the covered places in Ontario.

At 46,705 residents in the 2021 Census, Woodstock is listed alongside the other covered places in Ontario.

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

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

Woodstock sits at rank 47 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Woodstock is 56.5 square kilometres, and the population is 46,705 residents in the 2021 Census.

For Woodstock, 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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