Borrowing in Lucky Lake, Saskatchewan

This page covers borrowing in Lucky Lake, Saskatchewan: the census facts, the provincial rules, and the products people compare.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

A credit file is compiled by private agencies from information lenders and other creditors report. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

The census figures for Lucky Lake

The 2021 Census counted 270 residents in Lucky Lake. Statistics Canada lists 0.8 square kilometres of land for the community.

That gives a density of 329.3 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 518 within this data set.

Within Saskatchewan, Lucky Lake is place number 518 by population in this census set, at 270 residents.

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) list Saskatchewan among the provinces that regulate payday lending, where 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.

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

Lucky Lake ranks 518 by 2021 Census population among the covered places in Saskatchewan.

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

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

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

Lucky Lake is one of 733 covered Saskatchewan places, counted at 270 residents with a land area of 0.8 square kilometres.

The land area recorded for Lucky Lake is 0.8 square kilometres, and the population is 270 residents in the 2021 Census.

Lucky Lake sits at rank 518 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Lucky Lake, 329.3 people per square kilometre, is calculated from the population and land area above.

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

Lucky Lake appears in the census record with 270 residents, and the density of 329.3 people per square kilometre follows from it.

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

At 270 residents in the 2021 Census, Lucky Lake is listed alongside the other 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.