Borrowing in Lumsden, Saskatchewan

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

The census figures for Lumsden

Population for Lumsden stands at 1,800 in the 2021 Census. The community covers 4.9 square kilometres of land.

Population divided by land area produces a density of 365.9 people per square kilometre.

The community is the 54th largest place in the province within this census set.

Lumsden is one of 733 places listed for Saskatchewan, ranked 54 by population and measured at 4.9 square kilometres.

The Saskatchewan rules that apply

Consumer lending in Saskatchewan is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

The federal Payday Lending Regulations (SOR/2024-114) list Saskatchewan among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing 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.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

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.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Products compared here

Each product below has its own page, and the Saskatchewan position applies to all of them.

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

At 1,800 residents in the 2021 Census, Lumsden is listed alongside the other covered places in Saskatchewan.

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

Lumsden sits at rank 54 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Lumsden is one of 733 covered Saskatchewan places, counted at 1,800 residents with a land area of 4.9 square kilometres.

The density figure for Lumsden, 365.9 people per square kilometre, is calculated from the population and land area above.

Lumsden appears in the census record with 1,800 residents, and the density of 365.9 people per square kilometre follows from it.

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

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

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

Lumsden ranks 54 by 2021 Census population among the covered places in Saskatchewan.

The land area recorded for Lumsden is 4.9 square kilometres, and the population is 1,800 residents in the 2021 Census.

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

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.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.