Borrowing in Canaan No. 225, Saskatchewan

Canaan No. 225, Saskatchewan, recorded a population of 145 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

The census figures for Canaan No. 225

In the 2021 Census, Canaan No. 225 had 145 residents. 550.0 square kilometres of land are attributed to Canaan No. 225.

The calculated density is 0.3 people per square kilometre.

Canaan No. 225 ranks 668 by population among the Saskatchewan places on this site.

Canaan No. 225 therefore appears at rank 668 of 733 covered Saskatchewan places, with a density of 0.3 people per square kilometre.

The Saskatchewan rules that apply

Consumer credit in Saskatchewan is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

At 145 residents in the 2021 Census, Canaan No. 225 is listed alongside the other covered places in Saskatchewan.

Nothing on the Canaan No. 225 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Canaan No. 225 page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Canaan No. 225 with another community can use the same four census fields.

For Canaan No. 225, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Canaan No. 225 is 550.0 square kilometres, and the population is 145 residents in the 2021 Census.

Canaan No. 225 sits at rank 668 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Canaan No. 225 appears in the census record with 145 residents, and the density of 0.3 people per square kilometre follows from it.

Canaan No. 225 ranks 668 by 2021 Census population among the covered places in Saskatchewan.

The density figure for Canaan No. 225, 0.3 people per square kilometre, is calculated from the population and land area above.

Where a figure for Canaan No. 225 could not be verified, the page names the publisher instead of printing a number.

Canaan No. 225 is one of 733 covered Saskatchewan places, counted at 145 residents with a land area of 550.0 square kilometres.

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 Saskatchewan; a municipal boundary does not change them.