Borrowing in Gaskiers-Point La Haye, Newfoundland and Labrador

Gaskiers-Point La Haye, Newfoundland and Labrador, recorded a population of 189 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Products compared here

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

• 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 census figures for Gaskiers-Point La Haye

Gaskiers-Point La Haye recorded a population of 189 in Statistics Canada's 2021 Census of Population. Land area for Gaskiers-Point La Haye is 23.3 square kilometres in the same census.

The arithmetic gives 8.1 people per square kilometre.

The 2021 Census population places it at rank 267 in the province.

Gaskiers-Point La Haye therefore appears at rank 267 of 322 covered Newfoundland and Labrador places, with a density of 8.1 people per square kilometre.

The Newfoundland and Labrador rules that apply

Licensing for consumer credit in Newfoundland and Labrador sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public 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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

Nothing on the Gaskiers-Point La Haye page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Gaskiers-Point La Haye sits at rank 267 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Gaskiers-Point La Haye is 23.3 square kilometres, and the population is 189 residents in the 2021 Census.

Gaskiers-Point La Haye is one of 322 covered Newfoundland and Labrador places, counted at 189 residents with a land area of 23.3 square kilometres.

Where a figure for Gaskiers-Point La Haye could not be verified, the page names the publisher instead of printing a number.

Gaskiers-Point La Haye ranks 267 by 2021 Census population among the covered places in Newfoundland and Labrador.

The density figure for Gaskiers-Point La Haye, 8.1 people per square kilometre, is calculated from the population and land area above.

Gaskiers-Point La Haye appears in the census record with 189 residents, and the density of 8.1 people per square kilometre follows from it.

The Gaskiers-Point La Haye page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Gaskiers-Point La Haye with another community can use the same four census fields.

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).

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.