Borrowing in Burin, Newfoundland and Labrador

This page covers borrowing in Burin, Newfoundland and Labrador: the census facts, the provincial rules, and the products people compare.

How borrowing works locally

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

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Products compared here

Each product below has its own page, and the Newfoundland and Labrador position applies to all of them.

• 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.

The census figures for Burin

The 2021 Census counted 2,237 residents in Burin. The community covers 34.5 square kilometres of land.

That gives a density of 64.9 people per square kilometre, rounded to one decimal place.

Burin ranks 33 by population among the Newfoundland and Labrador places on this site.

The place record for Burin covers 34.5 square kilometres and 2,237 residents, a density of 64.9 people per square kilometre.

The Newfoundland and Labrador rules that apply

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

A payday advance in Newfoundland and Labrador 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).

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

The land area recorded for Burin is 34.5 square kilometres, and the population is 2,237 residents in the 2021 Census.

Burin sits at rank 33 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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

Burin appears in the census record with 2,237 residents, and the density of 64.9 people per square kilometre follows from it.

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

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

Burin ranks 33 by 2021 Census population among the covered places in Newfoundland and Labrador.

Burin is one of 322 covered Newfoundland and Labrador places, counted at 2,237 residents with a land area of 34.5 square kilometres.

The density figure for Burin, 64.9 people per square kilometre, is calculated from the population and land area above.

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

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

At 2,237 residents in the 2021 Census, Burin is listed alongside the other covered places in Newfoundland and Labrador.

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.