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Borrowing in Lake Alma No. 8, Saskatchewan

Lake Alma No. 8, Saskatchewan: 269 residents in the 2021 Census, 785.5 square kilometres of land, and the provincial lending rules that apply across Saskatchewan.

Province Saskatchewan (SK)
Population, 2021 Census 269
Land area 785.5 km²
Provincial regulator See the FCAC list

Lake Alma No. 8 is one of the Saskatchewan places covered here, with 269 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Lake Alma No. 8

Lake Alma No. 8 recorded a population of 269 in Statistics Canada's 2021 Census of Population. The community covers 785.5 square kilometres of land.

That gives a density of 0.3 people per square kilometre, rounded to one decimal place.

The community is the 519th largest place in the province within this census set.

Within Saskatchewan, Lake Alma No. 8 is place number 519 by population in this census set, at 269 residents.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

  • Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
  • Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

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.

In Saskatchewan, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $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 under SOR/2024-114.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

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

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Lake Alma No. 8 is one of 733 covered Saskatchewan places, counted at 269 residents with a land area of 785.5 square kilometres.

At 269 residents in the 2021 Census, Lake Alma No. 8 is listed alongside the other covered places in Saskatchewan.

For Lake Alma No. 8, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Lake Alma No. 8 with another community can use the same four census fields.

Nothing on the Lake Alma No. 8 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The land area recorded for Lake Alma No. 8 is 785.5 square kilometres, and the population is 269 residents in the 2021 Census.

The Lake Alma No. 8 page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Lake Alma No. 8 could not be verified, the page names the publisher instead of printing a number.

Lake Alma No. 8 appears in the census record with 269 residents, and the density of 0.3 people per square kilometre follows from it.

Lake Alma No. 8 ranks 519 by 2021 Census population among the covered places in Saskatchewan.

Lake Alma No. 8 sits at rank 519 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

The provincial rules apply wherever a borrower is in Saskatchewan; a municipal boundary does not change them.

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Lake Alma No. 8

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

Nearby places

Saskatoon 266,141 Regina 226,404 Prince Albert 37,756 Moose Jaw 33,665 Swift Current 16,750 Yorkton 16,280

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