Borrowing in Hilton Beach, Ontario

Hilton Beach is one of the Ontario communities covered here, with a 2021 Census population of 198, and borrowing there is licensed under Ontario's consumer credit rules.

The Ontario rules that apply

Consumer lending in Ontario is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

The census figures for Hilton Beach

Hilton Beach recorded a population of 198 in Statistics Canada's 2021 Census of Population. Land area for Hilton Beach is 2.5 square kilometres in the same census.

On those two figures, density is 78.6 residents per square kilometre when rounded to one decimal place.

By population it ranks 495 among the Ontario places covered here.

Hilton Beach is one of 527 places listed for Ontario, ranked 495 by population and measured at 2.5 square kilometres.

Products compared here

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

• 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.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

A mortgage is registered against the property, which is what gives the lender its claim. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

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

Hilton Beach appears in the census record with 198 residents, and the density of 78.6 people per square kilometre follows from it.

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

Hilton Beach is one of 527 covered Ontario places, counted at 198 residents with a land area of 2.5 square kilometres.

The density figure for Hilton Beach, 78.6 people per square kilometre, is calculated from the population and land area above.

At 198 residents in the 2021 Census, Hilton Beach is listed alongside the other covered places in Ontario.

Hilton Beach sits at rank 495 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

The land area recorded for Hilton Beach is 2.5 square kilometres, and the population is 198 residents in the 2021 Census.

Hilton Beach ranks 495 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.

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.