Borrowing in Oakdale No. 320, Saskatchewan

Oakdale No. 320, Saskatchewan, recorded a population of 216 in the 2021 Census; the rules that govern a loan signed there are provincial.

Products compared here

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

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. A credit file is compiled by private agencies from information lenders and other creditors report.

The Saskatchewan rules that apply

The body that licenses consumer lending in Saskatchewan is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of 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).

At the small end of the census range, the community still borrows inside the province's licensing system.

The census figures for Oakdale No. 320

Population for Oakdale No. 320 stands at 216 in the 2021 Census. The census records a land area of 826.8 square kilometres for Oakdale No. 320.

Population divided by land area produces a density of 0.3 people per square kilometre.

Oakdale No. 320 ranks 579 by population among the Saskatchewan places on this site.

Oakdale No. 320 therefore appears at rank 579 of 733 covered Saskatchewan places, with a density of 0.3 people per square kilometre.

Oakdale No. 320 sits at rank 579 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Oakdale No. 320 is 826.8 square kilometres, and the population is 216 residents in the 2021 Census.

Nothing on the Oakdale No. 320 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

At 216 residents in the 2021 Census, Oakdale No. 320 is listed alongside the other covered places in Saskatchewan.

Oakdale No. 320 ranks 579 by 2021 Census population among the covered places in Saskatchewan.

The Oakdale No. 320 page follows the same structure as every other place page, with population, land area, density and rank.

For Oakdale No. 320, the two census fields above are the only local statistics used anywhere on the page.

Where a figure for Oakdale No. 320 could not be verified, the page names the publisher instead of printing a number.

The density figure for Oakdale No. 320, 0.3 people per square kilometre, is calculated from the population and land area above.

Oakdale No. 320 is one of 733 covered Saskatchewan places, counted at 216 residents with a land area of 826.8 square kilometres.

Oakdale No. 320 appears in the census record with 216 residents, and the density of 0.3 people per square kilometre follows from it.

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.