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Borrowing in Montreal Lake 106, Saskatchewan

Borrowing in Montreal Lake 106 is licensed by Saskatchewan, and the 2021 Census counted 1,015 people across 57.8 square kilometres.

Province Saskatchewan (SK)
Population, 2021 Census 1,015
Land area 57.8 km²
Provincial regulator See the FCAC list

This page covers borrowing in Montreal Lake 106, Saskatchewan: the census facts, the provincial rules, and the products people compare.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. Debt management plans are administered by accredited credit counsellors, and they are not loans.

The census figures for Montreal Lake 106

1,015 people were counted in Montreal Lake 106 in the 2021 Census. The community covers 57.8 square kilometres of land.

The calculated density is 17.6 people per square kilometre.

By population it ranks 119 among the Saskatchewan places covered here.

Within Saskatchewan, Montreal Lake 106 is place number 119 by population in this census set, at 1,015 residents.

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.

At 1,015 residents in the 2021 Census, Montreal Lake 106 is listed alongside the other covered places in Saskatchewan.

Montreal Lake 106 is one of 733 covered Saskatchewan places, counted at 1,015 residents with a land area of 57.8 square kilometres.

Where a figure for Montreal Lake 106 could not be verified, the page names the publisher instead of printing a number.

Montreal Lake 106 appears in the census record with 1,015 residents, and the density of 17.6 people per square kilometre follows from it.

The land area recorded for Montreal Lake 106 is 57.8 square kilometres, and the population is 1,015 residents in the 2021 Census.

Readers comparing Montreal Lake 106 with another community can use the same four census fields.

The density figure for Montreal Lake 106, 17.6 people per square kilometre, is calculated from the population and land area above.

Montreal Lake 106 ranks 119 by 2021 Census population among the covered places in Saskatchewan.

The Montreal Lake 106 page follows the same structure as every other place page, with population, land area, density and rank.

For Montreal Lake 106, the two census fields above are the only local statistics used anywhere on the page.

Montreal Lake 106 sits at rank 119 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Nothing on the Montreal Lake 106 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Montreal Lake 106

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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