Borrowing in Digby, Nova Scotia

This page covers borrowing in Digby, Nova Scotia: the census facts, the provincial rules, and the products people compare.

The census figures for Digby

In the 2021 Census, Digby had 7,242 residents. Land area for Digby is 1654.6 square kilometres in the same census.

That gives a density of 4.4 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 22 within this data set.

Digby therefore appears at rank 22 of 82 covered Nova Scotia places, with a density of 4.4 people per square kilometre.

The Nova Scotia rules that apply

Licensing for consumer credit in Nova Scotia sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

In Nova Scotia, 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.

Size changes the census figures, not the rules; this community falls in the lower-middle band.

How borrowing works locally

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

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Products compared here

Each product below has its own page, and the Nova Scotia position applies to all of them.

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

Digby appears in the census record with 7,242 residents, and the density of 4.4 people per square kilometre follows from it.

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

At 7,242 residents in the 2021 Census, Digby is listed alongside the other covered places in Nova Scotia.

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

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

The land area recorded for Digby is 1654.6 square kilometres, and the population is 7,242 residents in the 2021 Census.

The density figure for Digby, 4.4 people per square kilometre, is calculated from the population and land area above.

Digby sits at rank 22 within Nova Scotia in this data set, and the provincial rules apply as they do elsewhere.

Digby is one of 82 covered Nova Scotia places, counted at 7,242 residents with a land area of 1654.6 square kilometres.

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

Digby ranks 22 by 2021 Census population among the covered places in Nova Scotia.

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

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 provincial rules apply wherever a borrower is in Nova Scotia; a municipal boundary does not change them.