Borrowing in Carmacks, Yukon

Carmacks, Yukon, recorded a population of 588 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Yukon rules that apply

Consumer lending in Yukon 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.

The federal Payday Lending Regulations (SOR/2024-114) note that the territories do not have specific payday lending rules, which leaves Yukon without a published territorial cap.

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

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

The census figures for Carmacks

The 2021 Census counted 588 residents in Carmacks. Its land area is 36.9 square kilometres.

The arithmetic gives 15.9 people per square kilometre.

By population it ranks 8 among the Yukon places covered here.

Compared with the other 20 covered Yukon places, Carmacks ranks 8 by population.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

Carmacks sits at rank 8 within Yukon in this data set, and the provincial rules apply as they do elsewhere.

Carmacks is one of 20 covered Yukon places, counted at 588 residents with a land area of 36.9 square kilometres.

At 588 residents in the 2021 Census, Carmacks is listed alongside the other covered places in Yukon.

The land area recorded for Carmacks is 36.9 square kilometres, and the population is 588 residents in the 2021 Census.

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

Carmacks appears in the census record with 588 residents, and the density of 15.9 people per square kilometre follows from it.

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

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

The density figure for Carmacks, 15.9 people per square kilometre, is calculated from the population and land area above.

Where a figure for Carmacks 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.