Borrowing in Shuniah, Ontario

Shuniah is one of the Ontario places covered here, with 3,247 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

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, cap the cost of borrowing at $14 per $100 advanced in Ontario, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

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

The census figures for Shuniah

In the 2021 Census, Shuniah had 3,247 residents. 571.3 square kilometres of land are attributed to Shuniah.

Dividing population by land area gives 5.7 residents per square kilometre, rounded to one decimal place.

The community is the 267th largest place in the province within this census set.

Shuniah is one of 527 places listed for Ontario, ranked 267 by population and measured at 571.3 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.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Shuniah sits at rank 267 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Shuniah appears in the census record with 3,247 residents, and the density of 5.7 people per square kilometre follows from it.

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

Shuniah ranks 267 by 2021 Census population among the covered places in Ontario.

The density figure for Shuniah, 5.7 people per square kilometre, is calculated from the population and land area above.

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

Shuniah is one of 527 covered Ontario places, counted at 3,247 residents with a land area of 571.3 square kilometres.

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

The land area recorded for Shuniah is 571.3 square kilometres, and the population is 3,247 residents in the 2021 Census.

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

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

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.

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