Borrowing in Barrie, Ontario

With 147,829 residents counted in the 2021 Census, Barrie sits inside Ontario's provincial lending framework.

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.

This community is in the upper-middle band, and the provincial rules apply as they do across the province.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The census figures for Barrie

Barrie recorded a population of 147,829 in Statistics Canada's 2021 Census of Population. 99.0 square kilometres of land are attributed to Barrie.

On those two figures, density is 1493.1 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 16 within this data set.

Compared with the other 527 covered Ontario places, Barrie ranks 16 by population.

Products compared here

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

• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

At 147,829 residents in the 2021 Census, Barrie is listed alongside the other covered places in Ontario.

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

Barrie sits at rank 16 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Barrie appears in the census record with 147,829 residents, and the density of 1493.1 people per square kilometre follows from it.

Barrie is one of 527 covered Ontario places, counted at 147,829 residents with a land area of 99.0 square kilometres.

The land area recorded for Barrie is 99.0 square kilometres, and the population is 147,829 residents in the 2021 Census.

The density figure for Barrie, 1493.1 people per square kilometre, is calculated from the population and land area above.

Barrie ranks 16 by 2021 Census population among the covered places in Ontario.

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

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

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.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.