Borrowing in Candle Lake, Saskatchewan

With 1,160 residents counted in the 2021 Census, Candle Lake sits inside Saskatchewan's provincial lending framework.

The Saskatchewan rules that apply

Licensing for consumer credit in Saskatchewan 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) list Saskatchewan among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

The census figures for Candle Lake

The 2021 Census counted 1,160 residents in Candle Lake. Its land area is 62.9 square kilometres.

Dividing population by land area gives 18.4 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 101 in the province.

Candle Lake is one of 733 places listed for Saskatchewan, ranked 101 by population and measured at 62.9 square kilometres.

Products compared here

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

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

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

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

The density figure for Candle Lake, 18.4 people per square kilometre, is calculated from the population and land area above.

Candle Lake is one of 733 covered Saskatchewan places, counted at 1,160 residents with a land area of 62.9 square kilometres.

At 1,160 residents in the 2021 Census, Candle Lake is listed alongside the other covered places in Saskatchewan.

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

Candle Lake appears in the census record with 1,160 residents, and the density of 18.4 people per square kilometre follows from it.

Readers comparing Candle Lake with another community can use the same four census fields.

Candle Lake ranks 101 by 2021 Census population among the covered places in Saskatchewan.

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

The land area recorded for Candle Lake is 62.9 square kilometres, and the population is 1,160 residents in the 2021 Census.

Candle Lake sits at rank 101 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.