Borrowing in Foam Lake, Saskatchewan

With 1,183 residents counted in the 2021 Census, Foam Lake sits inside Saskatchewan's provincial lending framework.

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.

• 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.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

The Saskatchewan rules that apply

Provincial or territorial law decides who may lend in Saskatchewan, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $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 in Saskatchewan, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

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

The census figures for Foam Lake

Population for Foam Lake stands at 1,183 in the 2021 Census. Statistics Canada lists 6.0 square kilometres of land for the community.

That gives a density of 195.9 people per square kilometre, rounded to one decimal place.

By population it ranks 99 among the Saskatchewan places covered here.

The place record for Foam Lake covers 6.0 square kilometres and 1,183 residents, a density of 195.9 people per square kilometre.

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

At 1,183 residents in the 2021 Census, Foam Lake is listed alongside the other covered places in Saskatchewan.

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

The land area recorded for Foam Lake is 6.0 square kilometres, and the population is 1,183 residents in the 2021 Census.

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

The density figure for Foam Lake, 195.9 people per square kilometre, is calculated from the population and land area above.

Foam Lake appears in the census record with 1,183 residents, and the density of 195.9 people per square kilometre follows from it.

Foam Lake sits at rank 99 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

Foam Lake is one of 733 covered Saskatchewan places, counted at 1,183 residents with a land area of 6.0 square kilometres.

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

Foam Lake ranks 99 by 2021 Census population among the covered places in Saskatchewan.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.