Borrowing in Martensville, Saskatchewan

Martensville, Saskatchewan, recorded a population of 10,549 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Saskatchewan rules that apply

Licensing for consumer credit in Saskatchewan sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

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.

The lower-middle band covers towns of moderate size, none of which sets its own lending rules.

The census figures for Martensville

Statistics Canada's 2021 Census gives Martensville a population of 10,549. Statistics Canada lists 13.6 square kilometres of land for the community.

The arithmetic gives 777.9 people per square kilometre.

Its provincial population rank is 12 within this data set.

Compared with the other 733 covered Saskatchewan places, Martensville ranks 12 by population.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. Debt management plans are administered by accredited credit counsellors, and they are not loans.

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

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

The density figure for Martensville, 777.9 people per square kilometre, is calculated from the population and land area above.

At 10,549 residents in the 2021 Census, Martensville is listed alongside the other covered places in Saskatchewan.

The land area recorded for Martensville is 13.6 square kilometres, and the population is 10,549 residents in the 2021 Census.

Martensville appears in the census record with 10,549 residents, and the density of 777.9 people per square kilometre follows from it.

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

Martensville is one of 733 covered Saskatchewan places, counted at 10,549 residents with a land area of 13.6 square kilometres.

Martensville ranks 12 by 2021 Census population among the covered places in Saskatchewan.

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

Nothing on the Martensville 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.

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.

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