Borrowing in South Lake, Saskatchewan

A loan taken out in South Lake is governed by Saskatchewan's licensing rules, and the 2021 Census counted 226 people in the community.

The census figures for South Lake

226 people were counted in South Lake in the 2021 Census. The census records a land area of 5.0 square kilometres for South Lake.

Population divided by land area produces a density of 45.7 people per square kilometre.

The community is the 568th largest place in the province within this census set.

South Lake therefore appears at rank 568 of 733 covered Saskatchewan places, with a density of 45.7 people per square kilometre.

Products compared here

Each product below has its own page, and the Saskatchewan position applies to all of them.

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

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.

Payday lending is licensed in Saskatchewan; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $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, and notes that a province may set a lower figure.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

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 consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A mortgage is registered against the property, which is what gives the lender its claim.

At 226 residents in the 2021 Census, South Lake is listed alongside the other covered places in Saskatchewan.

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

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

The density figure for South Lake, 45.7 people per square kilometre, is calculated from the population and land area above.

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

South Lake appears in the census record with 226 residents, and the density of 45.7 people per square kilometre follows from it.

The land area recorded for South Lake is 5.0 square kilometres, and the population is 226 residents in the 2021 Census.

South Lake is one of 733 covered Saskatchewan places, counted at 226 residents with a land area of 5.0 square kilometres.

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

South Lake ranks 568 by 2021 Census population among the covered places in Saskatchewan.

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

South Lake sits at rank 568 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.

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.

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