Borrowing in Lakeland No. 521, Saskatchewan

A loan taken out in Lakeland No. 521 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 1,300 people in the community.

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.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. A credit file is compiled by private agencies from information lenders and other creditors report.

The census figures for Lakeland No. 521

In the 2021 Census, Lakeland No. 521 had 1,300 residents. The census records a land area of 488.6 square kilometres for Lakeland No. 521.

The arithmetic gives 2.7 people per square kilometre.

Lakeland No. 521 ranks 77 by population among the Saskatchewan places on this site.

Compared with the other 733 covered Saskatchewan places, Lakeland No. 521 ranks 77 by population.

Products compared here

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

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

The density figure for Lakeland No. 521, 2.7 people per square kilometre, is calculated from the population and land area above.

For Lakeland No. 521, the two census fields above are the only local statistics used anywhere on the page.

Lakeland No. 521 ranks 77 by 2021 Census population among the covered places in Saskatchewan.

Readers comparing Lakeland No. 521 with another community can use the same four census fields.

Nothing on the Lakeland No. 521 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Lakeland No. 521 page follows the same structure as every other place page, with population, land area, density and rank.

At 1,300 residents in the 2021 Census, Lakeland No. 521 is listed alongside the other covered places in Saskatchewan.

Lakeland No. 521 sits at rank 77 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Lakeland No. 521 is one of 733 covered Saskatchewan places, counted at 1,300 residents with a land area of 488.6 square kilometres.

Lakeland No. 521 appears in the census record with 1,300 residents, and the density of 2.7 people per square kilometre follows from it.

The land area recorded for Lakeland No. 521 is 488.6 square kilometres, and the population is 1,300 residents in the 2021 Census.

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.