Borrowing in Division No. 2, Subd. H, Newfoundland and Labrador

This page covers borrowing in Division No. 2, Subd. H, Newfoundland and Labrador: the census facts, the provincial rules, and the products people compare.

The census figures for Division No. 2, Subd. H

196 people were counted in Division No. 2, Subd. H in the 2021 Census. The community covers 269.4 square kilometres of land.

On those two figures, density is 0.7 residents per square kilometre when rounded to one decimal place.

The community is the 265th largest place in the province within this census set.

Compared with the other 322 covered Newfoundland and Labrador places, Division No. 2, Subd. H ranks 265 by population.

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.

In Newfoundland and Labrador, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Products compared here

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

• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

The Division No. 2, Subd. H page follows the same structure as every other place page, with population, land area, density and rank.

Division No. 2, Subd. H is one of 322 covered Newfoundland and Labrador places, counted at 196 residents with a land area of 269.4 square kilometres.

Division No. 2, Subd. H ranks 265 by 2021 Census population among the covered places in Newfoundland and Labrador.

Division No. 2, Subd. H appears in the census record with 196 residents, and the density of 0.7 people per square kilometre follows from it.

Nothing on the Division No. 2, Subd. H page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

For Division No. 2, Subd. H, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Division No. 2, Subd. H is 269.4 square kilometres, and the population is 196 residents in the 2021 Census.

The density figure for Division No. 2, Subd. H, 0.7 people per square kilometre, is calculated from the population and land area above.

At 196 residents in the 2021 Census, Division No. 2, Subd. H 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.