Borrowing in Loon Lake No. 561, Saskatchewan

A loan taken out in Loon Lake No. 561 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 836 people in the community.

Products compared here

Each product below has its own page, and the Saskatchewan position applies to all of them.

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

How borrowing works locally

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

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

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, 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.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Loon Lake No. 561

Statistics Canada's 2021 Census gives Loon Lake No. 561 a population of 836. Its land area is 3148.1 square kilometres.

Dividing population by land area gives 0.3 residents per square kilometre, rounded to one decimal place.

Loon Lake No. 561 ranks 159 by population among the Saskatchewan places on this site.

Loon Lake No. 561 sits at rank 159 among the 733 Saskatchewan places here, with 836 residents in the 2021 Census.

Loon Lake No. 561 is one of 733 covered Saskatchewan places, counted at 836 residents with a land area of 3148.1 square kilometres.

Loon Lake No. 561 sits at rank 159 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

At 836 residents in the 2021 Census, Loon Lake No. 561 is listed alongside the other covered places in Saskatchewan.

For Loon Lake No. 561, the two census fields above are the only local statistics used anywhere on the page.

The density figure for Loon Lake No. 561, 0.3 people per square kilometre, is calculated from the population and land area above.

Where a figure for Loon Lake No. 561 could not be verified, the page names the publisher instead of printing a number.

Loon Lake No. 561 appears in the census record with 836 residents, and the density of 0.3 people per square kilometre follows from it.

The Loon Lake No. 561 page follows the same structure as every other place page, with population, land area, density and rank.

Loon Lake No. 561 ranks 159 by 2021 Census population among the covered places in Saskatchewan.

Nothing on the Loon Lake No. 561 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The land area recorded for Loon Lake No. 561 is 3148.1 square kilometres, and the population is 836 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.

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).

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