Borrowing in Lac Pelletier No. 107, Saskatchewan

Lac Pelletier No. 107, Saskatchewan, recorded a population of 563 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

A payday advance in Saskatchewan falls under a provincial licensing regime, and the cost of borrowing is capped 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 according to the federal Payday Lending Regulations (SOR/2024-114).

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

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

An application usually asks for identification, income evidence, banking details and a statement of obligations. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The census figures for Lac Pelletier No. 107

563 people were counted in Lac Pelletier No. 107 in the 2021 Census. The community covers 841.4 square kilometres of land.

Population divided by land area produces a density of 0.7 people per square kilometre.

The community is the 262nd largest place in the province within this census set.

Compared with the other 733 covered Saskatchewan places, Lac Pelletier No. 107 ranks 262 by population.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

Lac Pelletier No. 107 is one of 733 covered Saskatchewan places, counted at 563 residents with a land area of 841.4 square kilometres.

For Lac Pelletier No. 107, the two census fields above are the only local statistics used anywhere on the page.

Where a figure for Lac Pelletier No. 107 could not be verified, the page names the publisher instead of printing a number.

At 563 residents in the 2021 Census, Lac Pelletier No. 107 is listed alongside the other covered places in Saskatchewan.

The density figure for Lac Pelletier No. 107, 0.7 people per square kilometre, is calculated from the population and land area above.

Lac Pelletier No. 107 appears in the census record with 563 residents, and the density of 0.7 people per square kilometre follows from it.

The Lac Pelletier No. 107 page follows the same structure as every other place page, with population, land area, density and rank.

Lac Pelletier No. 107 ranks 262 by 2021 Census population among the covered places in Saskatchewan.

Readers comparing Lac Pelletier No. 107 with another community can use the same four census fields.

The land area recorded for Lac Pelletier No. 107 is 841.4 square kilometres, and the population is 563 residents in the 2021 Census.

Lac Pelletier No. 107 sits at rank 262 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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.