Borrowing in Prairiedale No. 321, Saskatchewan

With 246 residents counted in the 2021 Census, Prairiedale No. 321 sits inside Saskatchewan's provincial lending framework.

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.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

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 broker arranges credit but does not lend, and the lender remains the party that makes the decision. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

The census figures for Prairiedale No. 321

In the 2021 Census, Prairiedale No. 321 had 246 residents. Its land area is 556.2 square kilometres.

The calculated density is 0.4 people per square kilometre.

Its provincial population rank is 551 within this data set.

Compared with the other 733 covered Saskatchewan places, Prairiedale No. 321 ranks 551 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.

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

At 246 residents in the 2021 Census, Prairiedale No. 321 is listed alongside the other covered places in Saskatchewan.

Prairiedale No. 321 ranks 551 by 2021 Census population among the covered places in Saskatchewan.

The Prairiedale No. 321 page follows the same structure as every other place page, with population, land area, density and rank.

Prairiedale No. 321 appears in the census record with 246 residents, and the density of 0.4 people per square kilometre follows from it.

Prairiedale No. 321 sits at rank 551 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

For Prairiedale No. 321, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Prairiedale No. 321 is 556.2 square kilometres, and the population is 246 residents in the 2021 Census.

Nothing on the Prairiedale No. 321 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Where a figure for Prairiedale No. 321 could not be verified, the page names the publisher instead of printing a number.

Prairiedale No. 321 is one of 733 covered Saskatchewan places, counted at 246 residents with a land area of 556.2 square kilometres.

The density figure for Prairiedale No. 321, 0.4 people per square kilometre, is calculated from the population and land area above.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

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