Borrowing in Three Rivers, Prince Edward Island

Three Rivers, Prince Edward Island, recorded a population of 7,883 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Prince Edward Island rules that apply

The body that licenses consumer lending in Prince Edward Island is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

Payday lending is licensed in Prince Edward Island; 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.

In the lower-middle band, pages carry the census figures for the place and the same provincial lending position as larger centres.

How borrowing works locally

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

A mortgage is registered against the property, which is what gives the lender its claim. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

The census figures for Three Rivers

Statistics Canada's 2021 Census gives Three Rivers a population of 7,883. Statistics Canada lists 431.5 square kilometres of land for the community.

Dividing population by land area gives 18.3 residents per square kilometre, rounded to one decimal place.

Three Rivers ranks 4 by population among the Prince Edward Island places on this site.

Compared with the other 91 covered Prince Edward Island places, Three Rivers ranks 4 by population.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

The density figure for Three Rivers, 18.3 people per square kilometre, is calculated from the population and land area above.

Three Rivers is one of 91 covered Prince Edward Island places, counted at 7,883 residents with a land area of 431.5 square kilometres.

At 7,883 residents in the 2021 Census, Three Rivers is listed alongside the other covered places in Prince Edward Island.

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

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

Three Rivers sits at rank 4 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

Three Rivers ranks 4 by 2021 Census population among the covered places in Prince Edward Island.

The land area recorded for Three Rivers is 431.5 square kilometres, and the population is 7,883 residents in the 2021 Census.

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

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

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

Three Rivers appears in the census record with 7,883 residents, and the density of 18.3 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.

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.