Borrowing in Oakville, Ontario

This page covers borrowing in Oakville, Ontario: the census facts, the provincial rules, and the products people compare.

The census figures for Oakville

Population for Oakville stands at 213,759 in the 2021 Census. 138.9 square kilometres of land are attributed to Oakville.

Population divided by land area produces a density of 1538.5 people per square kilometre.

Among covered Ontario places, Oakville sits at rank 11 by population.

Within Ontario, Oakville is place number 11 by population in this census set, at 213,759 residents.

The Ontario rules that apply

The regulator for consumer credit in Ontario is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

A payday advance in Ontario falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

This place falls in the upper-middle band, where the product set and the provincial rules are unchanged from smaller centres.

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

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

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

At 213,759 residents in the 2021 Census, Oakville is listed alongside the other covered places in Ontario.

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

Oakville sits at rank 11 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Oakville ranks 11 by 2021 Census population among the covered places in Ontario.

Oakville appears in the census record with 213,759 residents, and the density of 1538.5 people per square kilometre follows from it.

The land area recorded for Oakville is 138.9 square kilometres, and the population is 213,759 residents in the 2021 Census.

Oakville is one of 527 covered Ontario places, counted at 213,759 residents with a land area of 138.9 square kilometres.

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

The density figure for Oakville, 1538.5 people per square kilometre, is calculated from the population and land area above.

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

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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.