Borrowing in Choiceland, Saskatchewan

This page covers borrowing in Choiceland, Saskatchewan: the census facts, the provincial rules, and the products people compare.

The census figures for Choiceland

Statistics Canada's 2021 Census gives Choiceland a population of 342. Land area for Choiceland is 1.1 square kilometres in the same census.

The arithmetic gives 322.6 people per square kilometre.

The 2021 Census population places it at rank 438 in the province.

Choiceland sits at rank 438 among the 733 Saskatchewan places here, with 342 residents in the 2021 Census.

The Saskatchewan rules that apply

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

A payday advance in Saskatchewan falls under a provincial licensing regime, and the cost of borrowing is capped 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 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 lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Products compared here

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

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

The land area recorded for Choiceland is 1.1 square kilometres, and the population is 342 residents in the 2021 Census.

At 342 residents in the 2021 Census, Choiceland is listed alongside the other covered places in Saskatchewan.

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

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

The density figure for Choiceland, 322.6 people per square kilometre, is calculated from the population and land area above.

Choiceland is one of 733 covered Saskatchewan places, counted at 342 residents with a land area of 1.1 square kilometres.

Choiceland appears in the census record with 342 residents, and the density of 322.6 people per square kilometre follows from it.

Choiceland ranks 438 by 2021 Census population among the covered places in Saskatchewan.

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

Choiceland sits at rank 438 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

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

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.