Borrowing in St. Marys, Ontario

St. Marys is one of the Ontario places covered here, with 7,386 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

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.

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.

The lower-middle band covers towns of moderate size, none of which sets its own lending rules.

How borrowing works locally

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

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A mortgage is registered against the property, which is what gives the lender its claim.

The census figures for St. Marys

7,386 people were counted in St. Marys in the 2021 Census. The census records a land area of 12.4 square kilometres for St. Marys.

The calculated density is 593.7 people per square kilometre.

Its provincial population rank is 198 within this data set.

St. Marys sits at rank 198 among the 527 Ontario places here, with 7,386 residents in the 2021 Census.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

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

St. Marys is one of 527 covered Ontario places, counted at 7,386 residents with a land area of 12.4 square kilometres.

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

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

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

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

The land area recorded for St. Marys is 12.4 square kilometres, and the population is 7,386 residents in the 2021 Census.

St. Marys ranks 198 by 2021 Census population among the covered places in Ontario.

St. Marys sits at rank 198 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

At 7,386 residents in the 2021 Census, St. Marys is listed alongside the other covered places in Ontario.

The density figure for St. Marys, 593.7 people per square kilometre, is calculated from the population and land area above.

St. Marys appears in the census record with 7,386 residents, and the density of 593.7 people per square kilometre follows from it.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

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