Borrowing in Augusta, Ontario

With 7,386 residents counted in the 2021 Census, Augusta sits inside Ontario's provincial lending framework.

The census figures for Augusta

7,386 people were counted in Augusta in the 2021 Census. The community covers 313.8 square kilometres of land.

On those two figures, density is 23.5 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 197 within this data set.

Augusta therefore appears at rank 197 of 527 covered Ontario places, with a density of 23.5 people per square kilometre.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

The Ontario rules that apply

Licensing for consumer credit in Ontario sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of 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.

The lower-middle band covers towns of moderate size, none of which sets its own lending rules.

How borrowing works locally

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

The land area recorded for Augusta is 313.8 square kilometres, and the population is 7,386 residents in the 2021 Census.

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

Augusta is one of 527 covered Ontario places, counted at 7,386 residents with a land area of 313.8 square kilometres.

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

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

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

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

Augusta ranks 197 by 2021 Census population among the covered places in Ontario.

Augusta appears in the census record with 7,386 residents, and the density of 23.5 people per square kilometre follows from it.

At 7,386 residents in the 2021 Census, Augusta is listed alongside the other covered places in Ontario.

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