Borrowing in McNab/Braeside, Ontario

A loan taken out in McNab/Braeside is governed by Ontario's licensing rules, and the 2021 Census counted 7,591 people in the community.

The census figures for McNab/Braeside

Population for McNab/Braeside stands at 7,591 in the 2021 Census. The community covers 255.3 square kilometres of land.

The calculated density is 29.7 people per square kilometre.

By population it ranks 187 among the Ontario places covered here.

McNab/Braeside therefore appears at rank 187 of 527 covered Ontario places, with a density of 29.7 people per square kilometre.

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) count Ontario among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

In the lower-middle band, pages carry the census figures for the place and the same provincial lending position as larger centres.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Debt management plans are administered by accredited credit counsellors, and they are not loans. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Products compared here

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

• 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.

Readers comparing McNab/Braeside with another community can use the same four census fields.

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

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

McNab/Braeside sits at rank 187 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

McNab/Braeside appears in the census record with 7,591 residents, and the density of 29.7 people per square kilometre follows from it.

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

The land area recorded for McNab/Braeside is 255.3 square kilometres, and the population is 7,591 residents in the 2021 Census.

McNab/Braeside ranks 187 by 2021 Census population among the covered places in Ontario.

The density figure for McNab/Braeside, 29.7 people per square kilometre, is calculated from the population and land area above.

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

At 7,591 residents in the 2021 Census, McNab/Braeside 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.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from 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.