Borrowing in Ryerson, Ontario

With 745 residents counted in the 2021 Census, Ryerson sits inside Ontario's provincial lending framework.

The census figures for Ryerson

Statistics Canada's 2021 Census gives Ryerson a population of 745. The census records a land area of 185.9 square kilometres for Ryerson.

The arithmetic gives 4.0 people per square kilometre.

Its provincial population rank is 389 within this data set.

Ryerson therefore appears at rank 389 of 527 covered Ontario places, with a density of 4.0 people per square kilometre.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

The Ontario rules that apply

Provincial or territorial law decides who may lend in Ontario, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

The federal Payday Lending Regulations (SOR/2024-114) list Ontario among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

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

A mortgage is registered against the property, which is what gives the lender its claim. Debt management plans are administered by accredited credit counsellors, and they are not loans.

At 745 residents in the 2021 Census, Ryerson is listed alongside the other covered places in Ontario.

Ryerson appears in the census record with 745 residents, and the density of 4.0 people per square kilometre follows from it.

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

Ryerson sits at rank 389 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

The land area recorded for Ryerson is 185.9 square kilometres, and the population is 745 residents in the 2021 Census.

Ryerson is one of 527 covered Ontario places, counted at 745 residents with a land area of 185.9 square kilometres.

Ryerson ranks 389 by 2021 Census population among the covered places in Ontario.

The density figure for Ryerson, 4.0 people per square kilometre, is calculated from the population and land area above.

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

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.