Borrowing in Edmonton, Alberta

This page covers borrowing in Edmonton, Alberta: the census facts, the provincial rules, and the products people compare.

The Alberta rules that apply

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

Payday lending is licensed in Alberta; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

At this scale the local market is deep, but the rulebook is the provincial one that covers the whole province.

The census figures for Edmonton

Population for Edmonton stands at 1,010,899 in the 2021 Census. 765.6 square kilometres of land are attributed to Edmonton.

Dividing population by land area gives 1320.4 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 2 within this data set.

Compared with the other 361 covered Alberta places, Edmonton ranks 2 by population.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Edmonton appears in the census record with 1,010,899 residents, and the density of 1320.4 people per square kilometre follows from it.

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

The density figure for Edmonton, 1320.4 people per square kilometre, is calculated from the population and land area above.

Edmonton ranks 2 by 2021 Census population among the covered places in Alberta.

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

The land area recorded for Edmonton is 765.6 square kilometres, and the population is 1,010,899 residents in the 2021 Census.

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

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

At 1,010,899 residents in the 2021 Census, Edmonton is listed alongside the other covered places in Alberta.

Edmonton sits at rank 2 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

Edmonton is one of 361 covered Alberta places, counted at 1,010,899 residents with a land area of 765.6 square kilometres.

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).

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