Borrowing in Shields, Saskatchewan

With 351 residents counted in the 2021 Census, Shields sits inside Saskatchewan's provincial lending framework.

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.

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).

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

The census figures for Shields

Statistics Canada's 2021 Census gives Shields a population of 351. The census records a land area of 0.8 square kilometres for Shields.

The calculated density is 468.0 people per square kilometre.

The community is the 427th largest place in the province within this census set.

Compared with the other 733 covered Saskatchewan places, Shields ranks 427 by population.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

A credit file is compiled by private agencies from information lenders and other creditors report. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

The land area recorded for Shields is 0.8 square kilometres, and the population is 351 residents in the 2021 Census.

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

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

The density figure for Shields, 468.0 people per square kilometre, is calculated from the population and land area above.

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

Shields sits at rank 427 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Shields ranks 427 by 2021 Census population among the covered places in Saskatchewan.

At 351 residents in the 2021 Census, Shields is listed alongside the other covered places in Saskatchewan.

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

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

Shields appears in the census record with 351 residents, and the density of 468.0 people per square kilometre follows from it.

Shields is one of 733 covered Saskatchewan places, counted at 351 residents with a land area of 0.8 square kilometres.

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.

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