Borrowing in Laurentian Hills, Ontario

Laurentian Hills, Ontario, recorded a population of 2,885 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Ontario rules that apply

Provincial or territorial law decides who may lend in Ontario, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

The federal Payday Lending Regulations (SOR/2024-114) list Ontario among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

The census figures for Laurentian Hills

The 2021 Census counted 2,885 residents in Laurentian Hills. 634.3 square kilometres of land are attributed to Laurentian Hills.

On those two figures, density is 4.5 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 279 in the province.

Laurentian Hills therefore appears at rank 279 of 527 covered Ontario places, with a density of 4.5 people per square kilometre.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. Debt management plans are administered by accredited credit counsellors, and they are not loans.

Laurentian Hills ranks 279 by 2021 Census population among the covered places in Ontario.

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

The density figure for Laurentian Hills, 4.5 people per square kilometre, is calculated from the population and land area above.

Laurentian Hills appears in the census record with 2,885 residents, and the density of 4.5 people per square kilometre follows from it.

Laurentian Hills sits at rank 279 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Laurentian Hills is 634.3 square kilometres, and the population is 2,885 residents in the 2021 Census.

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

Laurentian Hills is one of 527 covered Ontario places, counted at 2,885 residents with a land area of 634.3 square kilometres.

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

At 2,885 residents in the 2021 Census, Laurentian Hills is listed alongside the other covered places in Ontario.

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

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.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.