Borrowing in Ponass Lake No. 367, Saskatchewan

A loan taken out in Ponass Lake No. 367 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 416 people in the community.

The Saskatchewan rules that apply

Provincial or territorial law decides who may lend in Saskatchewan, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Ponass Lake No. 367

Statistics Canada's 2021 Census gives Ponass Lake No. 367 a population of 416. The census records a land area of 795.6 square kilometres for Ponass Lake No. 367.

That gives a density of 0.5 people per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 355 in the province.

Ponass Lake No. 367 sits at rank 355 among the 733 Saskatchewan places here, with 416 residents in the 2021 Census.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• 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.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

At 416 residents in the 2021 Census, Ponass Lake No. 367 is listed alongside the other covered places in Saskatchewan.

Ponass Lake No. 367 sits at rank 355 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Ponass Lake No. 367 is 795.6 square kilometres, and the population is 416 residents in the 2021 Census.

The density figure for Ponass Lake No. 367, 0.5 people per square kilometre, is calculated from the population and land area above.

Readers comparing Ponass Lake No. 367 with another community can use the same four census fields.

Ponass Lake No. 367 appears in the census record with 416 residents, and the density of 0.5 people per square kilometre follows from it.

Nothing on the Ponass Lake No. 367 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Ponass Lake No. 367 is one of 733 covered Saskatchewan places, counted at 416 residents with a land area of 795.6 square kilometres.

Where a figure for Ponass Lake No. 367 could not be verified, the page names the publisher instead of printing a number.

For Ponass Lake No. 367, 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.

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