Borrowing in Meadow Lake No. 588, Saskatchewan

A loan taken out in Meadow Lake No. 588 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 2,553 people in the community.

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.

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.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

The census figures for Meadow Lake No. 588

In the 2021 Census, Meadow Lake No. 588 had 2,553 residents. 6231.3 square kilometres of land are attributed to Meadow Lake No. 588.

That gives a density of 0.4 people per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 29 in the province.

Compared with the other 733 covered Saskatchewan places, Meadow Lake No. 588 ranks 29 by population.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

The Meadow Lake No. 588 page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Meadow Lake No. 588 with another community can use the same four census fields.

Meadow Lake No. 588 sits at rank 29 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Meadow Lake No. 588 is one of 733 covered Saskatchewan places, counted at 2,553 residents with a land area of 6231.3 square kilometres.

Where a figure for Meadow Lake No. 588 could not be verified, the page names the publisher instead of printing a number.

The land area recorded for Meadow Lake No. 588 is 6231.3 square kilometres, and the population is 2,553 residents in the 2021 Census.

At 2,553 residents in the 2021 Census, Meadow Lake No. 588 is listed alongside the other covered places in Saskatchewan.

Nothing on the Meadow Lake No. 588 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Meadow Lake No. 588 ranks 29 by 2021 Census population among the covered places in Saskatchewan.

Meadow Lake No. 588 appears in the census record with 2,553 residents, and the density of 0.4 people per square kilometre follows from it.

For Meadow Lake No. 588, the two census fields above are the only local statistics used anywhere on the page.

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.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.