Borrowing in Yarmouth, Nova Scotia

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

The Nova Scotia rules that apply

The regulator for consumer credit in Nova Scotia 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, cap the cost of borrowing at $14 per $100 advanced in Nova Scotia, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

Municipalities of this size are grouped together here, with the province setting the licensing position for all of them.

The census figures for Yarmouth

The 2021 Census counted 6,829 residents in Yarmouth. Statistics Canada lists 10.6 square kilometres of land for the community.

Dividing population by land area gives 646.1 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 23 within this data set.

Yarmouth is one of 82 places listed for Nova Scotia, ranked 23 by population and measured at 10.6 square kilometres.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

A credit file is compiled by private agencies from information lenders and other creditors report. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Yarmouth is one of 82 covered Nova Scotia places, counted at 6,829 residents with a land area of 10.6 square kilometres.

Yarmouth appears in the census record with 6,829 residents, and the density of 646.1 people per square kilometre follows from it.

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

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

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

The density figure for Yarmouth, 646.1 people per square kilometre, is calculated from the population and land area above.

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

Yarmouth sits at rank 23 within Nova Scotia in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Yarmouth is 10.6 square kilometres, and the population is 6,829 residents in the 2021 Census.

Yarmouth ranks 23 by 2021 Census population among the covered places in Nova Scotia.

At 6,829 residents in the 2021 Census, Yarmouth is listed alongside the other covered places in Nova Scotia.

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

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.