Borrowing in Nova Scotia

Borrowing in Nova Scotia sits inside a provincial or territorial rulebook that decides who may lend, what must be disclosed, and what a short-term payday advance may cost.

Licensing for lenders in Nova Scotia

Consumer credit in Nova Scotia is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

The payday position in Nova Scotia

The federal Payday Lending Regulations (SOR/2024-114) list Nova Scotia 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 advanced.

The places covered here

There are pages for 82 Nova Scotia communities here; Halifax is the largest, counted at 439,819 people in the 2021 Census.

• Halifax: 439,819 residents; 5475.6 square kilometres; density 80.3 people per square kilometre.
• Cape Breton: 93,694 residents; 2419.7 square kilometres; density 38.7 people per square kilometre.
• Lunenburg: 25,545 residents; 1757.8 square kilometres; density 14.5 people per square kilometre.
• East Hants: 22,892 residents; 1786.5 square kilometres; density 12.8 people per square kilometre.
• Kings, Subd. A: 22,355 residents; 1233.0 square kilometres; density 18.1 people per square kilometre.

• Colchester, Subd. B: population 19,806; land area 1248.2 square kilometres; density 15.9 people per square kilometre.
• West Hants: population 19,509; land area 1250.5 square kilometres; density 15.6 people per square kilometre.
• Truro: population 12,954; land area 37.5 square kilometres; density 345.3 people per square kilometre.
• Colchester, Subd. C: population 12,476; land area 1443.1 square kilometres; density 8.6 people per square kilometre.
• Kings, Subd. B: population 11,951; land area 346.0 square kilometres; density 34.5 people per square kilometre.

The product range

The 20 products on the site each have their own Nova Scotia version, which attaches the provincial position to the product description.

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 Nova Scotia page belongs to a set that follows one structure for every province and territory.

Anyone comparing Nova Scotia with another province can read the same structure: regulator, payday rule, places and products.

The provincial position described for Nova Scotia applies to every covered place in the list, including Halifax and Glooscap 35.

The Nova Scotia page does not rank the places by anything except the 2021 Census population supplied by Statistics Canada.

Nova Scotia is listed in this data set with 82 covered places, from Halifax to Glooscap 35.

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

Nova Scotia is described here using census figures for its places and the payday position published by the federal Payday Lending Regulations (SOR/2024-114).

The Nova Scotia place list runs from Halifax at 439,819 residents to Glooscap 35 at 111, all counted in the 2021 Census.

Population and land area for the places in Nova Scotia come from Statistics Canada; the payday position comes from the federal Payday Lending Regulations (SOR/2024-114).

The Nova Scotia figures on this page come from the 2021 Census of Population and from the federal Payday Lending Regulations (SOR/2024-114).

The Nova Scotia record names Halifax as its capital, and the covered place list starts with Halifax at 439,819 residents.

A reader comparing Nova Scotia with a neighbouring province will find the same payday and licensing blocks in the same order.

No figure on the Nova Scotia page is drawn from advertising; every number carries Statistics Canada or the federal Payday Lending Regulations (SOR/2024-114) its source.

For Nova Scotia, the census record and the payday position are published by different bodies, and both are named on this page.

For Nova Scotia, the smallest covered place is Glooscap 35 at 111 residents, and the largest is Halifax at 439,819.

For Nova Scotia, the page records the provincial regulator position, the payday position, 82 covered places and the product list.

The Nova Scotia coverage includes the capital, Halifax, among the places counted by the 2021 Census.

Nova Scotia appears in this data set with 82 covered places, and the provincial rules described here apply across all of them.

The Nova Scotia page describes how the rules work rather than what any reader should do.

The record for Nova Scotia names Halifax as the capital and Halifax as the largest covered place, at 439,819 residents.

Readers can move from the Nova Scotia page to any covered place page without leaving the same structure.

Every figure in the Nova Scotia entry carries a publisher, and no figure is estimated.

Nothing on the Nova Scotia page is estimated; the place figures come from Statistics Canada and the payday position from the federal Payday Lending Regulations (SOR/2024-114).

How to read this page

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

A published cap is a ceiling rather than a price, and a licensed lender may charge less than the maximum; the disclosure in the agreement is where the actual cost appears.