Borrowing in Slate Falls, Ontario

With 299 residents counted in the 2021 Census, Slate Falls sits inside Ontario's provincial lending framework.

The census figures for Slate Falls

Slate Falls recorded a population of 299 in Statistics Canada's 2021 Census of Population. The census records a land area of 63.0 square kilometres for Slate Falls.

The calculated density is 4.7 people per square kilometre.

By population it ranks 470 among the Ontario places covered here.

Within Ontario, Slate Falls is place number 470 by population in this census set, at 299 residents.

The Ontario rules that apply

The body that licenses consumer lending in Ontario is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

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).

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

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Joint applications combine two incomes and two sets of obligations in the same assessment. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Products compared here

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

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

Slate Falls appears in the census record with 299 residents, and the density of 4.7 people per square kilometre follows from it.

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

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

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

Slate Falls sits at rank 470 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

The land area recorded for Slate Falls is 63.0 square kilometres, and the population is 299 residents in the 2021 Census.

Slate Falls ranks 470 by 2021 Census population among the covered places in Ontario.

The density figure for Slate Falls, 4.7 people per square kilometre, is calculated from the population and land area above.

Slate Falls is one of 527 covered Ontario places, counted at 299 residents with a land area of 63.0 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.

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.

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