Borrowing in Val Rita-Harty, Ontario

With 757 residents counted in the 2021 Census, Val Rita-Harty sits inside Ontario's provincial lending framework.

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.

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

A mortgage is registered against the property, which is what gives the lender its claim.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

The census figures for Val Rita-Harty

In the 2021 Census, Val Rita-Harty had 757 residents. Land area for Val Rita-Harty is 378.9 square kilometres in the same census.

On those two figures, density is 2.0 residents per square kilometre when rounded to one decimal place.

Among covered Ontario places, Val Rita-Harty sits at rank 385 by population.

Val Rita-Harty therefore appears at rank 385 of 527 covered Ontario places, with a density of 2.0 people per square kilometre.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

Readers comparing Val Rita-Harty with another community can use the same four census fields.

Val Rita-Harty sits at rank 385 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Val Rita-Harty ranks 385 by 2021 Census population among the covered places in Ontario.

At 757 residents in the 2021 Census, Val Rita-Harty is listed alongside the other covered places in Ontario.

Val Rita-Harty is one of 527 covered Ontario places, counted at 757 residents with a land area of 378.9 square kilometres.

Where a figure for Val Rita-Harty could not be verified, the page names the publisher instead of printing a number.

For Val Rita-Harty, the two census fields above are the only local statistics used anywhere on the page.

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

The density figure for Val Rita-Harty, 2.0 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Val Rita-Harty is 378.9 square kilometres, and the population is 757 residents in the 2021 Census.

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.

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