Borrowing in Sunnyside, Newfoundland and Labrador

Sunnyside, Newfoundland and Labrador, recorded a population of 407 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Newfoundland and Labrador rules that apply

The regulator for consumer credit in Newfoundland and Labrador is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) list Newfoundland and Labrador among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

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

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

The census figures for Sunnyside

Sunnyside recorded a population of 407 in Statistics Canada's 2021 Census of Population. Its land area is 39.0 square kilometres.

On those two figures, density is 10.4 residents per square kilometre when rounded to one decimal place.

Among covered Newfoundland and Labrador places, Sunnyside sits at rank 180 by population.

Within Newfoundland and Labrador, Sunnyside is place number 180 by population in this census set, at 407 residents.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
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Sunnyside is one of 322 covered Newfoundland and Labrador places, counted at 407 residents with a land area of 39.0 square kilometres.

Sunnyside sits at rank 180 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 407 residents in the 2021 Census, Sunnyside is listed alongside the other covered places in Newfoundland and Labrador.

The density figure for Sunnyside, 10.4 people per square kilometre, is calculated from the population and land area above.

Sunnyside ranks 180 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

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

The land area recorded for Sunnyside is 39.0 square kilometres, and the population is 407 residents in the 2021 Census.

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

Sunnyside appears in the census record with 407 residents, and the density of 10.4 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.

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.

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