Borrowing in Hearst, Ontario

This page covers borrowing in Hearst, Ontario: the census facts, the provincial rules, and the products people compare.

The census figures for Hearst

4,794 people were counted in Hearst in the 2021 Census. The census records a land area of 98.1 square kilometres for Hearst.

The calculated density is 48.9 people per square kilometre.

The 2021 Census population places it at rank 236 in the province.

Hearst sits at rank 236 among the 527 Ontario places here, with 4,794 residents in the 2021 Census.

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.

In Ontario, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

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 revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Products compared here

Each product below has its own page, and the Ontario position applies to all of them.

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

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

Hearst is one of 527 covered Ontario places, counted at 4,794 residents with a land area of 98.1 square kilometres.

Hearst appears in the census record with 4,794 residents, and the density of 48.9 people per square kilometre follows from it.

Hearst sits at rank 236 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

The density figure for Hearst, 48.9 people per square kilometre, is calculated from the population and land area above.

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

At 4,794 residents in the 2021 Census, Hearst is listed alongside the other covered places in Ontario.

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

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

The land area recorded for Hearst is 98.1 square kilometres, and the population is 4,794 residents in the 2021 Census.

Hearst ranks 236 by 2021 Census population among the 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 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.