Borrowing in Milden, Saskatchewan

A loan taken out in Milden is governed by Saskatchewan's licensing rules, and the 2021 Census counted 153 people in the community.

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, 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 in Saskatchewan, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

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 mortgage is registered against the property, which is what gives the lender its claim.

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

The census figures for Milden

The 2021 Census counted 153 residents in Milden. Its land area is 1.0 square kilometres.

The calculated density is 159.4 people per square kilometre.

Among covered Saskatchewan places, Milden sits at rank 659 by population.

Compared with the other 733 covered Saskatchewan places, Milden ranks 659 by population.

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 consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

Milden is one of 733 covered Saskatchewan places, counted at 153 residents with a land area of 1.0 square kilometres.

Milden sits at rank 659 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Milden is 1.0 square kilometres, and the population is 153 residents in the 2021 Census.

The density figure for Milden, 159.4 people per square kilometre, is calculated from the population and land area above.

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

Milden appears in the census record with 153 residents, and the density of 159.4 people per square kilometre follows from it.

At 153 residents in the 2021 Census, Milden is listed alongside the other covered places in Saskatchewan.

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

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

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

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

Milden ranks 659 by 2021 Census population among the covered places in Saskatchewan.

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.