Borrowing in Gjoa Haven, Nunavut

Gjoa Haven is one of the Nunavut communities covered here, with a 2021 Census population of 1,349, and borrowing there is licensed under Nunavut's consumer credit rules.

The census figures for Gjoa Haven

In the 2021 Census, Gjoa Haven had 1,349 residents. Land area for Gjoa Haven is 28.6 square kilometres in the same census.

Population divided by land area produces a density of 47.3 people per square kilometre.

Gjoa Haven ranks 11 by population among the Nunavut places on this site.

Compared with the other 25 covered Nunavut places, Gjoa Haven ranks 11 by population.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

The Nunavut rules that apply

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

No territorial payday cap is published for Nunavut; the federal Payday Lending Regulations (SOR/2024-114) confirm that the territories have no specific payday lending rules, and the limit should be confirmed with the regulator.

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

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

At 1,349 residents in the 2021 Census, Gjoa Haven is listed alongside the other covered places in Nunavut.

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

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

Gjoa Haven ranks 11 by 2021 Census population among the covered places in Nunavut.

The land area recorded for Gjoa Haven is 28.6 square kilometres, and the population is 1,349 residents in the 2021 Census.

The density figure for Gjoa Haven, 47.3 people per square kilometre, is calculated from the population and land area above.

Gjoa Haven appears in the census record with 1,349 residents, and the density of 47.3 people per square kilometre follows from it.

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

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

Gjoa Haven is one of 25 covered Nunavut places, counted at 1,349 residents with a land area of 28.6 square kilometres.

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

Gjoa Haven sits at rank 11 within Nunavut in this data set, and the provincial rules apply as they do elsewhere.

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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