Borrowing in Simpson, Saskatchewan

Simpson is one of the Saskatchewan communities covered here, with a 2021 Census population of 131, and borrowing there is licensed under Saskatchewan's consumer credit rules.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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).

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 Simpson

Statistics Canada's 2021 Census gives Simpson a population of 131. Statistics Canada lists 1.6 square kilometres of land for the community.

On those two figures, density is 83.4 residents per square kilometre when rounded to one decimal place.

By population it ranks 687 among the Saskatchewan places covered here.

Simpson therefore appears at rank 687 of 733 covered Saskatchewan places, with a density of 83.4 people per square kilometre.

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

Simpson ranks 687 by 2021 Census population among the covered places in Saskatchewan.

At 131 residents in the 2021 Census, Simpson is listed alongside the other covered places in Saskatchewan.

Simpson sits at rank 687 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Simpson, 83.4 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Simpson is 1.6 square kilometres, and the population is 131 residents in the 2021 Census.

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

Simpson is one of 733 covered Saskatchewan places, counted at 131 residents with a land area of 1.6 square kilometres.

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

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

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

Simpson appears in the census record with 131 residents, and the density of 83.4 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.

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.

The provincial rules apply wherever a borrower is in Saskatchewan; a municipal boundary does not change them.