Borrowing in Southgate, Ontario

A loan taken out in Southgate is governed by Ontario's licensing rules, and the 2021 Census counted 8,716 people in the community.

The census figures for Southgate

Statistics Canada's 2021 Census gives Southgate a population of 8,716. The community covers 643.1 square kilometres of land.

On those two figures, density is 13.6 residents per square kilometre when rounded to one decimal place.

By population it ranks 169 among the Ontario places covered here.

Compared with the other 527 covered Ontario places, Southgate ranks 169 by population.

The Ontario rules that apply

The regulator for consumer credit in Ontario is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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).

Places in the lower-middle band group smaller towns and municipalities under the same provincial framework.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Products compared here

Each product below has its own page, and the Ontario position applies to all of them.

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

The density figure for Southgate, 13.6 people per square kilometre, is calculated from the population and land area above.

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

Southgate appears in the census record with 8,716 residents, and the density of 13.6 people per square kilometre follows from it.

Southgate ranks 169 by 2021 Census population among the covered places in Ontario.

Southgate is one of 527 covered Ontario places, counted at 8,716 residents with a land area of 643.1 square kilometres.

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

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

The land area recorded for Southgate is 643.1 square kilometres, and the population is 8,716 residents in the 2021 Census.

Southgate sits at rank 169 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

At 8,716 residents in the 2021 Census, Southgate is listed alongside the other covered places in Ontario.

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

Where a figure for Southgate 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.

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).

The provincial rules apply wherever a borrower is in Ontario; a municipal boundary does not change them.