Borrowing in West Perth, Ontario

A loan taken out in West Perth is governed by Ontario's licensing rules, and the 2021 Census counted 9,038 people in the community.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

The Ontario rules that apply

Licensing for consumer credit in Ontario sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

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.

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

The census figures for West Perth

In the 2021 Census, West Perth had 9,038 residents. The census records a land area of 578.9 square kilometres for West Perth.

The calculated density is 15.6 people per square kilometre.

The community is the 166th largest place in the province within this census set.

West Perth therefore appears at rank 166 of 527 covered Ontario places, with a density of 15.6 people per square kilometre.

The density figure for West Perth, 15.6 people per square kilometre, is calculated from the population and land area above.

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

West Perth sits at rank 166 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

West Perth appears in the census record with 9,038 residents, and the density of 15.6 people per square kilometre follows from it.

West Perth is one of 527 covered Ontario places, counted at 9,038 residents with a land area of 578.9 square kilometres.

The land area recorded for West Perth is 578.9 square kilometres, and the population is 9,038 residents in the 2021 Census.

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

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

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

At 9,038 residents in the 2021 Census, West Perth is listed alongside the other covered places in Ontario.

West Perth ranks 166 by 2021 Census population among the covered places in Ontario.

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

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.