Borrowing in Shell Lake, Saskatchewan

Shell Lake is one of the Saskatchewan places covered here, with 189 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Shell Lake

Statistics Canada's 2021 Census gives Shell Lake a population of 189. Its land area is 1.4 square kilometres.

On those two figures, density is 136.0 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 612 in the province.

Within Saskatchewan, Shell Lake is place number 612 by population in this census set, at 189 residents.

The Saskatchewan rules that apply

Consumer credit in Saskatchewan is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A payday advance in Saskatchewan falls under a provincial licensing regime, and the cost of borrowing is capped 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 according to the federal Payday Lending Regulations (SOR/2024-114).

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

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. Joint applications combine two incomes and two sets of obligations in the same assessment.

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.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

At 189 residents in the 2021 Census, Shell Lake is listed alongside the other covered places in Saskatchewan.

Shell Lake is one of 733 covered Saskatchewan places, counted at 189 residents with a land area of 1.4 square kilometres.

Shell Lake sits at rank 612 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

Shell Lake appears in the census record with 189 residents, and the density of 136.0 people per square kilometre follows from it.

Shell Lake ranks 612 by 2021 Census population among the covered places in Saskatchewan.

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

The land area recorded for Shell Lake is 1.4 square kilometres, and the population is 189 residents in the 2021 Census.

The density figure for Shell Lake, 136.0 people per square kilometre, is calculated from the population and land area above.

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

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 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.