Borrowing in Sabaskong Bay 35D, Ontario

Sabaskong Bay 35D is one of the Ontario communities covered here, with a 2021 Census population of 383, and borrowing there is licensed under Ontario's consumer credit rules.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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.

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).

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

The census figures for Sabaskong Bay 35D

In the 2021 Census, Sabaskong Bay 35D had 383 residents. The community covers 5.0 square kilometres of land.

The calculated density is 76.4 people per square kilometre.

Sabaskong Bay 35D ranks 449 by population among the Ontario places on this site.

Compared with the other 527 covered Ontario places, Sabaskong Bay 35D ranks 449 by population.

The Sabaskong Bay 35D page follows the same structure as every other place page, with population, land area, density and rank.

Nothing on the Sabaskong Bay 35D page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The density figure for Sabaskong Bay 35D, 76.4 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Sabaskong Bay 35D is 5.0 square kilometres, and the population is 383 residents in the 2021 Census.

Sabaskong Bay 35D is one of 527 covered Ontario places, counted at 383 residents with a land area of 5.0 square kilometres.

Sabaskong Bay 35D ranks 449 by 2021 Census population among the covered places in Ontario.

At 383 residents in the 2021 Census, Sabaskong Bay 35D is listed alongside the other covered places in Ontario.

Readers comparing Sabaskong Bay 35D with another community can use the same four census fields.

Sabaskong Bay 35D appears in the census record with 383 residents, and the density of 76.4 people per square kilometre follows from it.

Where a figure for Sabaskong Bay 35D could not be verified, the page names the publisher instead of printing a number.

For Sabaskong Bay 35D, 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.

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.