Borrowing in St. Peters, Prince Edward Island

St. Peters is one of the Prince Edward Island communities covered here, with a 2021 Census population of 686, and borrowing there is licensed under Prince Edward Island's consumer credit rules.

The census figures for St. Peters

Population for St. Peters stands at 686 in the 2021 Census. The census records a land area of 183.4 square kilometres for St. Peters.

The calculated density is 3.7 people per square kilometre.

The 2021 Census population places it at rank 40 in the province.

St. Peters is one of 91 places listed for Prince Edward Island, ranked 40 by population and measured at 183.4 square kilometres.

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.

• 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.

The Prince Edward Island rules that apply

The regulator for consumer credit in Prince Edward Island is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

A payday advance in Prince Edward Island 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).

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

A mortgage is registered against the property, which is what gives the lender its claim. Joint applications combine two incomes and two sets of obligations in the same assessment.

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

St. Peters is one of 91 covered Prince Edward Island places, counted at 686 residents with a land area of 183.4 square kilometres.

St. Peters sits at rank 40 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

The density figure for St. Peters, 3.7 people per square kilometre, is calculated from the population and land area above.

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

St. Peters ranks 40 by 2021 Census population among the covered places in Prince Edward Island.

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

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

At 686 residents in the 2021 Census, St. Peters is listed alongside the other covered places in Prince Edward Island.

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

The land area recorded for St. Peters is 183.4 square kilometres, and the population is 686 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.

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