Borrowing in Watson Lake, Yukon

With 1,133 residents counted in the 2021 Census, Watson Lake sits inside Yukon's provincial lending framework.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Products compared here

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

• 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 census figures for Watson Lake

The 2021 Census counted 1,133 residents in Watson Lake. The community covers 109.8 square kilometres of land.

The calculated density is 10.3 people per square kilometre.

By population it ranks 5 among the Yukon places covered here.

The place record for Watson Lake covers 109.8 square kilometres and 1,133 residents, a density of 10.3 people per square kilometre.

The Yukon rules that apply

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

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.

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

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

Watson Lake is one of 20 covered Yukon places, counted at 1,133 residents with a land area of 109.8 square kilometres.

Watson Lake sits at rank 5 within Yukon in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Watson Lake is 109.8 square kilometres, and the population is 1,133 residents in the 2021 Census.

The density figure for Watson Lake, 10.3 people per square kilometre, is calculated from the population and land area above.

At 1,133 residents in the 2021 Census, Watson Lake is listed alongside the other covered places in Yukon.

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

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

Watson Lake ranks 5 by 2021 Census population among the covered places in Yukon.

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

Watson Lake appears in the census record with 1,133 residents, and the density of 10.3 people per square kilometre follows from it.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.