Borrowing in Ottawa, Ontario

Ottawa is one of the Ontario communities covered here, with a 2021 Census population of 1,017,449, and borrowing there is licensed under Ontario's consumer credit rules.

The census figures for Ottawa

1,017,449 people were counted in Ottawa in the 2021 Census. The census records a land area of 2788.2 square kilometres for Ottawa.

Population divided by land area produces a density of 364.9 people per square kilometre.

Ottawa ranks 2 by population among the Ontario places on this site.

Ottawa is one of 527 places listed for Ontario, ranked 2 by population and measured at 2788.2 square kilometres.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

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.

Payday lending is licensed in Ontario; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

The largest band covers the biggest cities, where the same provincial rules apply as in the smallest village.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A credit file is compiled by private agencies from information lenders and other creditors report. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Ottawa sits at rank 2 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

The land area recorded for Ottawa is 2788.2 square kilometres, and the population is 1,017,449 residents in the 2021 Census.

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

Ottawa appears in the census record with 1,017,449 residents, and the density of 364.9 people per square kilometre follows from it.

At 1,017,449 residents in the 2021 Census, Ottawa is listed alongside the other covered places in Ontario.

Ottawa ranks 2 by 2021 Census population among the covered places in Ontario.

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

The density figure for Ottawa, 364.9 people per square kilometre, is calculated from the population and land area above.

Ottawa is one of 527 covered Ontario places, counted at 1,017,449 residents with a land area of 2788.2 square kilometres.

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

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).

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