Borrowing in Fort Simpson, Northwest Territories

This page covers borrowing in Fort Simpson, Northwest Territories: the census facts, the provincial rules, and the products people compare.

The census figures for Fort Simpson

The 2021 Census counted 1,100 residents in Fort Simpson. The census records a land area of 77.9 square kilometres for Fort Simpson.

Population divided by land area produces a density of 14.1 people per square kilometre.

Its provincial population rank is 6 within this data set.

Fort Simpson sits at rank 6 among the 29 Northwest Territories places here, with 1,100 residents in the 2021 Census.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

The Northwest Territories rules that apply

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

The federal Payday Lending Regulations (SOR/2024-114) state that the territories have no specific payday lending rules, so no territorial cap is published for Northwest Territories and the limit should be confirmed with the territorial regulator.

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

How borrowing works locally

Joint applications combine two incomes and two sets of obligations in the same assessment.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

The density figure for Fort Simpson, 14.1 people per square kilometre, is calculated from the population and land area above.

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

The land area recorded for Fort Simpson is 77.9 square kilometres, and the population is 1,100 residents in the 2021 Census.

Fort Simpson is one of 29 covered Northwest Territories places, counted at 1,100 residents with a land area of 77.9 square kilometres.

Fort Simpson ranks 6 by 2021 Census population among the covered places in Northwest Territories.

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

Fort Simpson sits at rank 6 within Northwest Territories in this data set, and the provincial rules apply as they do elsewhere.

Fort Simpson appears in the census record with 1,100 residents, and the density of 14.1 people per square kilometre follows from it.

At 1,100 residents in the 2021 Census, Fort Simpson is listed alongside the other covered places in Northwest Territories.

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

Where a figure for Fort Simpson 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.

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).

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