Borrowing in Saskatoon, Saskatchewan

Saskatoon, Saskatchewan, recorded a population of 266,141 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Saskatoon

Population for Saskatoon stands at 266,141 in the 2021 Census. 226.6 square kilometres of land are attributed to Saskatoon.

That gives a density of 1174.7 people per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 1 in the province.

Saskatoon is one of 733 places listed for Saskatchewan, ranked 1 by population and measured at 226.6 square kilometres.

Products compared here

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

• 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.

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.

In Saskatchewan, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $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 under SOR/2024-114.

This place falls in the upper-middle band, where the product set and the provincial rules are unchanged from smaller centres.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. Debt management plans are administered by accredited credit counsellors, and they are not loans.

Saskatoon appears in the census record with 266,141 residents, and the density of 1174.7 people per square kilometre follows from it.

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

The land area recorded for Saskatoon is 226.6 square kilometres, and the population is 266,141 residents in the 2021 Census.

At 266,141 residents in the 2021 Census, Saskatoon is listed alongside the other covered places in Saskatchewan.

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

Saskatoon is one of 733 covered Saskatchewan places, counted at 266,141 residents with a land area of 226.6 square kilometres.

The density figure for Saskatoon, 1174.7 people per square kilometre, is calculated from the population and land area above.

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

Saskatoon ranks 1 by 2021 Census population among the covered places in Saskatchewan.

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

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

Saskatoon sits at rank 1 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.