Borrowing in Climax, Saskatchewan

Climax is one of the Saskatchewan communities covered here, with a 2021 Census population of 137, and borrowing there is licensed under Saskatchewan's consumer credit rules.

The Saskatchewan rules that apply

Provincial or territorial law decides who may lend in Saskatchewan, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

The census figures for Climax

137 people were counted in Climax in the 2021 Census. The census records a land area of 0.9 square kilometres for Climax.

The calculated density is 145.7 people per square kilometre.

The 2021 Census population places it at rank 679 in the province.

Compared with the other 733 covered Saskatchewan places, Climax ranks 679 by population.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

How borrowing works locally

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

A credit file is compiled by private agencies from information lenders and other creditors report. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

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

Climax sits at rank 679 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

The density figure for Climax, 145.7 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Climax is 0.9 square kilometres, and the population is 137 residents in the 2021 Census.

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

Climax is one of 733 covered Saskatchewan places, counted at 137 residents with a land area of 0.9 square kilometres.

At 137 residents in the 2021 Census, Climax is listed alongside the other covered places in Saskatchewan.

Climax appears in the census record with 137 residents, and the density of 145.7 people per square kilometre follows from it.

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

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

Climax ranks 679 by 2021 Census population among the covered places in Saskatchewan.

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).

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