Borrowing in Fox Harbour, Newfoundland and Labrador

Fox Harbour is one of the Newfoundland and Labrador communities covered here, with a 2021 Census population of 226, and borrowing there is licensed under Newfoundland and Labrador's consumer credit rules.

The census figures for Fox Harbour

Population for Fox Harbour stands at 226 in the 2021 Census. The census records a land area of 19.8 square kilometres for Fox Harbour.

Dividing population by land area gives 11.4 residents per square kilometre, rounded to one decimal place.

Among covered Newfoundland and Labrador places, Fox Harbour sits at rank 253 by population.

Compared with the other 322 covered Newfoundland and Labrador places, Fox Harbour ranks 253 by population.

The Newfoundland and Labrador rules that apply

The body that licenses consumer lending in Newfoundland and Labrador is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

Payday lending is licensed in Newfoundland and Labrador; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A mortgage is registered against the property, which is what gives the lender its claim. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

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

Fox Harbour ranks 253 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

At 226 residents in the 2021 Census, Fox Harbour is listed alongside the other covered places in Newfoundland and Labrador.

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

Fox Harbour sits at rank 253 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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

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

The land area recorded for Fox Harbour is 19.8 square kilometres, and the population is 226 residents in the 2021 Census.

The density figure for Fox Harbour, 11.4 people per square kilometre, is calculated from the population and land area above.

Fox Harbour appears in the census record with 226 residents, and the density of 11.4 people per square kilometre follows from it.

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).

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