Borrowing in Division No. 5, Subd. E, Newfoundland and Labrador

A loan taken out in Division No. 5, Subd. E is governed by Newfoundland and Labrador's licensing rules, and the 2021 Census counted 188 people in the community.

The census figures for Division No. 5, Subd. E

Statistics Canada's 2021 Census gives Division No. 5, Subd. E a population of 188. Statistics Canada lists 1167.5 square kilometres of land for the community.

The calculated density is 0.2 people per square kilometre.

By population it ranks 269 among the Newfoundland and Labrador places covered here.

Compared with the other 322 covered Newfoundland and Labrador places, Division No. 5, Subd. E ranks 269 by population.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

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.

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

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. An application usually asks for identification, income evidence, banking details and a statement of obligations.

Readers comparing Division No. 5, Subd. E with another community can use the same four census fields.

The Division No. 5, Subd. E page follows the same structure as every other place page, with population, land area, density and rank.

Division No. 5, Subd. E ranks 269 by 2021 Census population among the covered places in Newfoundland and Labrador.

Nothing on the Division No. 5, Subd. E page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Division No. 5, Subd. E appears in the census record with 188 residents, and the density of 0.2 people per square kilometre follows from it.

The density figure for Division No. 5, Subd. E, 0.2 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Division No. 5, Subd. E is 1167.5 square kilometres, and the population is 188 residents in the 2021 Census.

Division No. 5, Subd. E is one of 322 covered Newfoundland and Labrador places, counted at 188 residents with a land area of 1167.5 square kilometres.

For Division No. 5, Subd. E, the two census fields above are the only local statistics used anywhere on the page.

Division No. 5, Subd. E sits at rank 269 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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).

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