Borrowing in Bienfait, Saskatchewan

Bienfait, Saskatchewan, recorded a population of 668 in the 2021 Census; the rules that govern a loan signed there are provincial.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The Saskatchewan rules that apply

Licensing for consumer credit in Saskatchewan sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) count Saskatchewan among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced under SOR/2024-114.

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

The census figures for Bienfait

Statistics Canada's 2021 Census gives Bienfait a population of 668. Land area for Bienfait is 3.0 square kilometres in the same census.

On those two figures, density is 219.0 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 213 in the province.

The place record for Bienfait covers 3.0 square kilometres and 668 residents, a density of 219.0 people per square kilometre.

The land area recorded for Bienfait is 3.0 square kilometres, and the population is 668 residents in the 2021 Census.

Bienfait is one of 733 covered Saskatchewan places, counted at 668 residents with a land area of 3.0 square kilometres.

The density figure for Bienfait, 219.0 people per square kilometre, is calculated from the population and land area above.

At 668 residents in the 2021 Census, Bienfait is listed alongside the other covered places in Saskatchewan.

Bienfait sits at rank 213 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

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

Bienfait ranks 213 by 2021 Census population among the covered places in Saskatchewan.

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

Bienfait appears in the census record with 668 residents, and the density of 219.0 people per square kilometre follows from it.

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

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 Saskatchewan; a municipal boundary does not change them.