Borrowing in Garden River 14, Ontario

With 1,071 residents counted in the 2021 Census, Garden River 14 sits inside Ontario's provincial lending framework.

The Ontario rules that apply

The body that licenses consumer lending in Ontario is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Ontario, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

The census figures for Garden River 14

Statistics Canada's 2021 Census gives Garden River 14 a population of 1,071. Its land area is 213.7 square kilometres.

That gives a density of 5.0 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 349 within this data set.

Garden River 14 is one of 527 places listed for Ontario, ranked 349 by population and measured at 213.7 square kilometres.

Products compared here

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

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

Garden River 14 sits at rank 349 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Garden River 14 could not be verified, the page names the publisher instead of printing a number.

For Garden River 14, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Garden River 14 is 213.7 square kilometres, and the population is 1,071 residents in the 2021 Census.

Readers comparing Garden River 14 with another community can use the same four census fields.

Garden River 14 appears in the census record with 1,071 residents, and the density of 5.0 people per square kilometre follows from it.

Garden River 14 is one of 527 covered Ontario places, counted at 1,071 residents with a land area of 213.7 square kilometres.

Garden River 14 ranks 349 by 2021 Census population among the covered places in Ontario.

The Garden River 14 page follows the same structure as every other place page, with population, land area, density and rank.

The density figure for Garden River 14, 5.0 people per square kilometre, is calculated from the population and land area above.

Nothing on the Garden River 14 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

At 1,071 residents in the 2021 Census, Garden River 14 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.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

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