Borrowing in Division No. 1, Subd. G, Newfoundland and Labrador

With 1,673 residents counted in the 2021 Census, Division No. 1, Subd. G sits inside Newfoundland and Labrador's provincial lending framework.

The census figures for Division No. 1, Subd. G

1,673 people were counted in Division No. 1, Subd. G in the 2021 Census. Its land area is 302.7 square kilometres.

The arithmetic gives 5.5 people per square kilometre.

Its provincial population rank is 49 within this data set.

Division No. 1, Subd. G therefore appears at rank 49 of 322 covered Newfoundland and Labrador places, with a density of 5.5 people per square kilometre.

The Newfoundland and Labrador rules that apply

Consumer lending in Newfoundland and Labrador 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.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Newfoundland and Labrador, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

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.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

Division No. 1, Subd. G sits at rank 49 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

At 1,673 residents in the 2021 Census, Division No. 1, Subd. G is listed alongside the other covered places in Newfoundland and Labrador.

The Division No. 1, Subd. G page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Division No. 1, Subd. G could not be verified, the page names the publisher instead of printing a number.

The land area recorded for Division No. 1, Subd. G is 302.7 square kilometres, and the population is 1,673 residents in the 2021 Census.

Division No. 1, Subd. G appears in the census record with 1,673 residents, and the density of 5.5 people per square kilometre follows from it.

Division No. 1, Subd. G is one of 322 covered Newfoundland and Labrador places, counted at 1,673 residents with a land area of 302.7 square kilometres.

For Division No. 1, Subd. G, the two census fields above are the only local statistics used anywhere on the page.

Division No. 1, Subd. G ranks 49 by 2021 Census population among the covered places in Newfoundland and Labrador.

The density figure for Division No. 1, Subd. G, 5.5 people per square kilometre, is calculated from the population and land area above.

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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.