Borrowing in Sherwood No. 159, Saskatchewan

Sherwood No. 159 is one of the Saskatchewan communities covered here, with a 2021 Census population of 1,219, and borrowing there is licensed under Saskatchewan's consumer credit rules.

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.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

The Saskatchewan rules that apply

The body that licenses consumer lending in Saskatchewan is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s 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).

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Sherwood No. 159

The 2021 Census counted 1,219 residents in Sherwood No. 159. Its land area is 656.7 square kilometres.

The calculated density is 1.9 people per square kilometre.

Its provincial population rank is 93 within this data set.

Sherwood No. 159 therefore appears at rank 93 of 733 covered Saskatchewan places, with a density of 1.9 people per square kilometre.

At 1,219 residents in the 2021 Census, Sherwood No. 159 is listed alongside the other covered places in Saskatchewan.

Sherwood No. 159 sits at rank 93 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

For Sherwood No. 159, the two census fields above are the only local statistics used anywhere on the page.

Nothing on the Sherwood No. 159 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The land area recorded for Sherwood No. 159 is 656.7 square kilometres, and the population is 1,219 residents in the 2021 Census.

Readers comparing Sherwood No. 159 with another community can use the same four census fields.

Sherwood No. 159 is one of 733 covered Saskatchewan places, counted at 1,219 residents with a land area of 656.7 square kilometres.

Sherwood No. 159 ranks 93 by 2021 Census population among the covered places in Saskatchewan.

Where a figure for Sherwood No. 159 could not be verified, the page names the publisher instead of printing a number.

The Sherwood No. 159 page follows the same structure as every other place page, with population, land area, density and rank.

Sherwood No. 159 appears in the census record with 1,219 residents, and the density of 1.9 people per square kilometre follows from it.

The density figure for Sherwood No. 159, 1.9 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.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

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