Borrowing in Montague, Ontario

Montague, Ontario, recorded a population of 3,914 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Montague

In the 2021 Census, Montague had 3,914 residents. The census records a land area of 278.5 square kilometres for Montague.

The arithmetic gives 14.1 people per square kilometre.

Montague ranks 254 by population among the Ontario places on this site.

Montague is one of 527 places listed for Ontario, ranked 254 by population and measured at 278.5 square kilometres.

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.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Products compared here

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

• 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.

Montague ranks 254 by 2021 Census population among the covered places in Ontario.

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

Montague is one of 527 covered Ontario places, counted at 3,914 residents with a land area of 278.5 square kilometres.

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

At 3,914 residents in the 2021 Census, Montague is listed alongside the other covered places in Ontario.

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

Montague sits at rank 254 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Montague appears in the census record with 3,914 residents, and the density of 14.1 people per square kilometre follows from it.

The density figure for Montague, 14.1 people per square kilometre, is calculated from the population and land area above.

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

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

The land area recorded for Montague is 278.5 square kilometres, and the population is 3,914 residents in the 2021 Census.

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).

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