Borrowing in Sarnia 45, Ontario

This page covers borrowing in Sarnia 45, Ontario: the census facts, the provincial rules, and the products people compare.

The census figures for Sarnia 45

The 2021 Census counted 648 residents in Sarnia 45. Statistics Canada lists 12.6 square kilometres of land for the community.

The arithmetic gives 51.5 people per square kilometre.

Sarnia 45 ranks 402 by population among the Ontario places on this site.

Sarnia 45 therefore appears at rank 402 of 527 covered Ontario places, with a density of 51.5 people per square kilometre.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

The Ontario rules that apply

Consumer credit in Ontario is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

Joint applications combine two incomes and two sets of obligations in the same assessment.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

The density figure for Sarnia 45, 51.5 people per square kilometre, is calculated from the population and land area above.

Where a figure for Sarnia 45 could not be verified, the page names the publisher instead of printing a number.

Sarnia 45 sits at rank 402 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Sarnia 45 appears in the census record with 648 residents, and the density of 51.5 people per square kilometre follows from it.

For Sarnia 45, the two census fields above are the only local statistics used anywhere on the page.

Sarnia 45 is one of 527 covered Ontario places, counted at 648 residents with a land area of 12.6 square kilometres.

Nothing on the Sarnia 45 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Readers comparing Sarnia 45 with another community can use the same four census fields.

At 648 residents in the 2021 Census, Sarnia 45 is listed alongside the other covered places in Ontario.

The land area recorded for Sarnia 45 is 12.6 square kilometres, and the population is 648 residents in the 2021 Census.

The Sarnia 45 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.