Borrowing in Laurentian Valley, Ontario

A loan taken out in Laurentian Valley is governed by Ontario's licensing rules, and the 2021 Census counted 9,450 people in the community.

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.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

The census figures for Laurentian Valley

Population for Laurentian Valley stands at 9,450 in the 2021 Census. The census records a land area of 539.1 square kilometres for Laurentian Valley.

The calculated density is 17.5 people per square kilometre.

Its provincial population rank is 159 within this data set.

Compared with the other 527 covered Ontario places, Laurentian Valley ranks 159 by population.

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) 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.

Places in the lower-middle band group smaller towns and municipalities under the same provincial framework.

At 9,450 residents in the 2021 Census, Laurentian Valley is listed alongside the other covered places in Ontario.

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

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

The land area recorded for Laurentian Valley is 539.1 square kilometres, and the population is 9,450 residents in the 2021 Census.

The density figure for Laurentian Valley, 17.5 people per square kilometre, is calculated from the population and land area above.

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

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

Laurentian Valley ranks 159 by 2021 Census population among the covered places in Ontario.

Laurentian Valley appears in the census record with 9,450 residents, and the density of 17.5 people per square kilometre follows from it.

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

Laurentian Valley sits at rank 159 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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.