Borrowing in Kugluktuk, Nunavut

Kugluktuk is one of the Nunavut places covered here, with 1,382 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

Products compared here

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

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A credit file is compiled by private agencies from information lenders and other creditors report. Debt management plans are administered by accredited credit counsellors, and they are not loans.

The Nunavut rules that apply

Provincial or territorial law decides who may lend in Nunavut, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

In Nunavut, the federal Payday Lending Regulations (SOR/2024-114) record no territory-specific payday rules, and no cost-of-borrowing cap is published for the territory.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Kugluktuk

The 2021 Census counted 1,382 residents in Kugluktuk. The community covers 539.0 square kilometres of land.

Population divided by land area produces a density of 2.6 people per square kilometre.

The community is the 10th largest place in the province within this census set.

Compared with the other 25 covered Nunavut places, Kugluktuk ranks 10 by population.

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

At 1,382 residents in the 2021 Census, Kugluktuk is listed alongside the other covered places in Nunavut.

Kugluktuk is one of 25 covered Nunavut places, counted at 1,382 residents with a land area of 539.0 square kilometres.

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

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

Kugluktuk ranks 10 by 2021 Census population among the covered places in Nunavut.

Kugluktuk sits at rank 10 within Nunavut in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Kugluktuk is 539.0 square kilometres, and the population is 1,382 residents in the 2021 Census.

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

Kugluktuk appears in the census record with 1,382 residents, and the density of 2.6 people per square kilometre follows from it.

The density figure for Kugluktuk, 2.6 people per square kilometre, is calculated from the population and land area above.

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.