Borrowing in Wunnumin 1, Ontario

This page covers borrowing in Wunnumin 1, Ontario: the census facts, the provincial rules, and the products people compare.

The census figures for Wunnumin 1

Population for Wunnumin 1 stands at 587 in the 2021 Census. The census records a land area of 64.0 square kilometres for Wunnumin 1.

The calculated density is 9.2 people per square kilometre.

The 2021 Census population places it at rank 410 in the province.

The place record for Wunnumin 1 covers 64.0 square kilometres and 587 residents, a density of 9.2 people per square kilometre.

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.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

Wunnumin 1 appears in the census record with 587 residents, and the density of 9.2 people per square kilometre follows from it.

The land area recorded for Wunnumin 1 is 64.0 square kilometres, and the population is 587 residents in the 2021 Census.

For Wunnumin 1, the two census fields above are the only local statistics used anywhere on the page.

The Wunnumin 1 page follows the same structure as every other place page, with population, land area, density and rank.

Nothing on the Wunnumin 1 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Where a figure for Wunnumin 1 could not be verified, the page names the publisher instead of printing a number.

The density figure for Wunnumin 1, 9.2 people per square kilometre, is calculated from the population and land area above.

Wunnumin 1 ranks 410 by 2021 Census population among the covered places in Ontario.

Readers comparing Wunnumin 1 with another community can use the same four census fields.

Wunnumin 1 sits at rank 410 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Wunnumin 1 is one of 527 covered Ontario places, counted at 587 residents with a land area of 64.0 square kilometres.

At 587 residents in the 2021 Census, Wunnumin 1 is listed alongside the other covered places in Ontario.

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.

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