Borrowing in Snipe Lake No. 259, Saskatchewan

A loan taken out in Snipe Lake No. 259 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 410 people in the community.

The census figures for Snipe Lake No. 259

Population for Snipe Lake No. 259 stands at 410 in the 2021 Census. Statistics Canada lists 1615.9 square kilometres of land for the community.

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

Its provincial population rank is 364 within this data set.

Snipe Lake No. 259 therefore appears at rank 364 of 733 covered Saskatchewan places, with a density of 0.3 people per square kilometre.

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.

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

The Saskatchewan rules that apply

Licensing for consumer credit in Saskatchewan sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. A mortgage is registered against the property, which is what gives the lender its claim.

Snipe Lake No. 259 is one of 733 covered Saskatchewan places, counted at 410 residents with a land area of 1615.9 square kilometres.

Snipe Lake No. 259 sits at rank 364 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

At 410 residents in the 2021 Census, Snipe Lake No. 259 is listed alongside the other covered places in Saskatchewan.

The density figure for Snipe Lake No. 259, 0.3 people per square kilometre, is calculated from the population and land area above.

Nothing on the Snipe Lake No. 259 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Readers comparing Snipe Lake No. 259 with another community can use the same four census fields.

Where a figure for Snipe Lake No. 259 could not be verified, the page names the publisher instead of printing a number.

Snipe Lake No. 259 ranks 364 by 2021 Census population among the covered places in Saskatchewan.

For Snipe Lake No. 259, the two census fields above are the only local statistics used anywhere on the page.

Snipe Lake No. 259 appears in the census record with 410 residents, and the density of 0.3 people per square kilometre follows from it.

The land area recorded for Snipe Lake No. 259 is 1615.9 square kilometres, and the population is 410 residents in the 2021 Census.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.