Borrowing in Assiginack, Ontario

With 1,008 residents counted in the 2021 Census, Assiginack sits inside Ontario's provincial lending framework.

The census figures for Assiginack

1,008 people were counted in Assiginack in the 2021 Census. 224.9 square kilometres of land are attributed to Assiginack.

Population divided by land area produces a density of 4.5 people per square kilometre.

Assiginack ranks 356 by population among the Ontario places on this site.

Assiginack therefore appears at rank 356 of 527 covered Ontario places, with a density of 4.5 people per square kilometre.

The Ontario rules that apply

The regulator for consumer credit in Ontario 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) count Ontario among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

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

A mortgage is registered against the property, which is what gives the lender its claim. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• 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.

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

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

Assiginack ranks 356 by 2021 Census population among the covered places in Ontario.

The land area recorded for Assiginack is 224.9 square kilometres, and the population is 1,008 residents in the 2021 Census.

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

Assiginack sits at rank 356 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

At 1,008 residents in the 2021 Census, Assiginack is listed alongside the other covered places in Ontario.

Assiginack is one of 527 covered Ontario places, counted at 1,008 residents with a land area of 224.9 square kilometres.

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

Where a figure for Assiginack 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.