Borrowing in Peawanuck, Ontario

With 247 residents counted in the 2021 Census, Peawanuck sits inside Ontario's provincial lending framework.

Products compared here

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

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

How borrowing works locally

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

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. An application usually asks for identification, income evidence, banking details and a statement of obligations.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

The census figures for Peawanuck

Statistics Canada's 2021 Census gives Peawanuck a population of 247. Land area for Peawanuck is 3.2 square kilometres in the same census.

That gives a density of 76.7 people per square kilometre, rounded to one decimal place.

By population it ranks 479 among the Ontario places covered here.

Peawanuck therefore appears at rank 479 of 527 covered Ontario places, with a density of 76.7 people per square kilometre.

The land area recorded for Peawanuck is 3.2 square kilometres, and the population is 247 residents in the 2021 Census.

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

Peawanuck sits at rank 479 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Peawanuck, 76.7 people per square kilometre, is calculated from the population and land area above.

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

Peawanuck ranks 479 by 2021 Census population among the covered places in Ontario.

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

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

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

Peawanuck is one of 527 covered Ontario places, counted at 247 residents with a land area of 3.2 square kilometres.

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).

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