Borrowing in Duck Lake, Saskatchewan

Duck Lake, Saskatchewan, recorded a population of 579 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Duck Lake

In the 2021 Census, Duck Lake had 579 residents. The census records a land area of 2.4 square kilometres for Duck Lake.

On those two figures, density is 243.3 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 256 within this data set.

The place record for Duck Lake covers 2.4 square kilometres and 579 residents, a density of 243.3 people per square kilometre.

Products compared here

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

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

The Saskatchewan rules that apply

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

Payday lending is licensed in Saskatchewan; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $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, and notes that a province may set a lower figure.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A mortgage is registered against the property, which is what gives the lender its claim.

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 broker arranges credit but does not lend, and the lender remains the party that makes the decision.

At 579 residents in the 2021 Census, Duck Lake is listed alongside the other covered places in Saskatchewan.

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

Duck Lake is one of 733 covered Saskatchewan places, counted at 579 residents with a land area of 2.4 square kilometres.

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

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

Duck Lake appears in the census record with 579 residents, and the density of 243.3 people per square kilometre follows from it.

The density figure for Duck Lake, 243.3 people per square kilometre, is calculated from the population and land area above.

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

The land area recorded for Duck Lake is 2.4 square kilometres, and the population is 579 residents in the 2021 Census.

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

Duck Lake ranks 256 by 2021 Census population among the covered places in Saskatchewan.

Duck Lake sits at rank 256 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.

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.