Borrowing in Norquay, Saskatchewan
Population 420, land area 1.6 square kilometres: the census facts for Norquay, plus how consumer credit is regulated in Saskatchewan.
This page covers borrowing in Norquay, Saskatchewan: the census facts, the provincial rules, and the products people compare.
How borrowing works locally
Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.
Joint applications combine two incomes and two sets of obligations in the same assessment. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.
Products compared here
The site describes 20 products in total; the two below are representative of the range.
- Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
- Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
The census figures for Norquay
The 2021 Census counted 420 residents in Norquay. Its land area is 1.6 square kilometres.
Dividing population by land area gives 259.3 residents per square kilometre, rounded to one decimal place.
Norquay ranks 349 by population among the Saskatchewan places on this site.
Compared with the other 733 covered Saskatchewan places, Norquay ranks 349 by population.
The Saskatchewan rules that apply
The regulator for consumer credit in Saskatchewan is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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.
Where a figure for Norquay could not be verified, the page names the publisher instead of printing a number.
Norquay is one of 733 covered Saskatchewan places, counted at 420 residents with a land area of 1.6 square kilometres.
At 420 residents in the 2021 Census, Norquay is listed alongside the other covered places in Saskatchewan.
Norquay ranks 349 by 2021 Census population among the covered places in Saskatchewan.
Norquay sits at rank 349 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.
The land area recorded for Norquay is 1.6 square kilometres, and the population is 420 residents in the 2021 Census.
The Norquay page follows the same structure as every other place page, with population, land area, density and rank.
For Norquay, the two census fields above are the only local statistics used anywhere on the page.
The density figure for Norquay, 259.3 people per square kilometre, is calculated from the population and land area above.
Norquay appears in the census record with 420 residents, and the density of 259.3 people per square kilometre follows from it.
Nothing on the Norquay 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.
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.
The provincial rules apply wherever a borrower is in Saskatchewan; a municipal boundary does not change them.
Borrowing in Norquay
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