Borrowing in Saanich, British Columbia

A loan taken out in Saanich is governed by British Columbia's licensing rules, and the 2021 Census counted 117,735 people in the community.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A credit file is compiled by private agencies from information lenders and other creditors report.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

The census figures for Saanich

The 2021 Census counted 117,735 residents in Saanich. Statistics Canada lists 103.6 square kilometres of land for the community.

On those two figures, density is 1136.5 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 9 within this data set.

Within British Columbia, Saanich is place number 9 by population in this census set, at 117,735 residents.

The British Columbia rules that apply

Consumer lending in British Columbia is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

A payday advance in British Columbia falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

The upper-middle band covers substantial cities, each licensed under the same provincial framework.

Saanich is one of 460 covered British Columbia places, counted at 117,735 residents with a land area of 103.6 square kilometres.

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

Saanich sits at rank 9 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Saanich ranks 9 by 2021 Census population among the covered places in British Columbia.

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

The land area recorded for Saanich is 103.6 square kilometres, and the population is 117,735 residents in the 2021 Census.

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

The density figure for Saanich, 1136.5 people per square kilometre, is calculated from the population and land area above.

At 117,735 residents in the 2021 Census, Saanich is listed alongside the other covered places in British Columbia.

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

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

Saanich appears in the census record with 117,735 residents, and the density of 1136.5 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).

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