Borrowing in Loreburn, Saskatchewan

With 100 residents counted in the 2021 Census, Loreburn sits inside Saskatchewan's provincial lending framework.

The census figures for Loreburn

Loreburn recorded a population of 100 in Statistics Canada's 2021 Census of Population. 0.6 square kilometres of land are attributed to Loreburn.

On those two figures, density is 178.6 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 732 in the province.

Compared with the other 733 covered Saskatchewan places, Loreburn ranks 732 by population.

The Saskatchewan rules that apply

Consumer credit in Saskatchewan is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of 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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Products compared here

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

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

Loreburn sits at rank 732 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

At 100 residents in the 2021 Census, Loreburn is listed alongside the other covered places in Saskatchewan.

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

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

Loreburn ranks 732 by 2021 Census population among the covered places in Saskatchewan.

Loreburn appears in the census record with 100 residents, and the density of 178.6 people per square kilometre follows from it.

The land area recorded for Loreburn is 0.6 square kilometres, and the population is 100 residents in the 2021 Census.

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

Loreburn is one of 733 covered Saskatchewan places, counted at 100 residents with a land area of 0.6 square kilometres.

The density figure for Loreburn, 178.6 people per square kilometre, is calculated from the population and land area above.

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

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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