Borrowing in English Harbour East, Newfoundland and Labrador

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

The census figures for English Harbour East

The 2021 Census counted 117 residents in English Harbour East. Land area for English Harbour East is 2.8 square kilometres in the same census.

The arithmetic gives 41.6 people per square kilometre.

The 2021 Census population places it at rank 311 in the province.

Compared with the other 322 covered Newfoundland and Labrador places, English Harbour East ranks 311 by population.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• 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

Provincial or territorial law decides who may lend in Newfoundland and Labrador, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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).

At the small end of the census range, the community still borrows inside the province's licensing system.

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. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

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

The density figure for English Harbour East, 41.6 people per square kilometre, is calculated from the population and land area above.

English Harbour East sits at rank 311 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing English Harbour East with another community can use the same four census fields.

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

English Harbour East appears in the census record with 117 residents, and the density of 41.6 people per square kilometre follows from it.

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

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

English Harbour East ranks 311 by 2021 Census population among the covered places in Newfoundland and Labrador.

The land area recorded for English Harbour East is 2.8 square kilometres, and the population is 117 residents in the 2021 Census.

English Harbour East is one of 322 covered Newfoundland and Labrador places, counted at 117 residents with a land area of 2.8 square kilometres.

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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