Borrowing in Medstead, Saskatchewan

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

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.

Payday lending is licensed in Saskatchewan; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $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, and notes that a province may set a lower figure.

At the small end of the census range, the community still borrows inside the province's licensing system.

The census figures for Medstead

In the 2021 Census, Medstead had 121 residents. Statistics Canada lists 0.7 square kilometres of land for the community.

Dividing population by land area gives 186.2 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 703 within this data set.

Within Saskatchewan, Medstead is place number 703 by population in this census set, at 121 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.

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

A mortgage is registered against the property, which is what gives the lender its claim. Joint applications combine two incomes and two sets of obligations in the same assessment.

Medstead is one of 733 covered Saskatchewan places, counted at 121 residents with a land area of 0.7 square kilometres.

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

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

Medstead sits at rank 703 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Medstead, 186.2 people per square kilometre, is calculated from the population and land area above.

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

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

Medstead ranks 703 by 2021 Census population among the covered places in Saskatchewan.

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

The land area recorded for Medstead is 0.7 square kilometres, and the population is 121 residents in the 2021 Census.

At 121 residents in the 2021 Census, Medstead is listed alongside the other covered places in Saskatchewan.

Medstead appears in the census record with 121 residents, and the density of 186.2 people per square kilometre follows from it.

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.