Borrowing in Amaranth, Ontario

Amaranth, Ontario, recorded a population of 4,327 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Amaranth

The 2021 Census counted 4,327 residents in Amaranth. Its land area is 265.0 square kilometres.

The calculated density is 16.3 people per square kilometre.

The 2021 Census population places it at rank 242 in the province.

Amaranth is one of 527 places listed for Ontario, ranked 242 by population and measured at 265.0 square kilometres.

The Ontario rules that apply

Consumer lending in Ontario is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

Payday lending is licensed in Ontario; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• 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.

Amaranth is one of 527 covered Ontario places, counted at 4,327 residents with a land area of 265.0 square kilometres.

Amaranth sits at rank 242 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

At 4,327 residents in the 2021 Census, Amaranth is listed alongside the other covered places in Ontario.

Amaranth appears in the census record with 4,327 residents, and the density of 16.3 people per square kilometre follows from it.

The density figure for Amaranth, 16.3 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Amaranth is 265.0 square kilometres, and the population is 4,327 residents in the 2021 Census.

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

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

Amaranth ranks 242 by 2021 Census population among the covered places in Ontario.

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

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

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

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 Ontario; a municipal boundary does not change them.