Borrowing in Ontario

Every consumer loan made in Ontario is written under provincial or territorial licensing rules, and the cost of a payday advance is capped only where the province operates a licensed regime.

The provincial regulator for Ontario

The body that licenses consumer lending in Ontario is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

What the payday rules say in Ontario

Payday lending is licensed in Ontario; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

Places with pages in Ontario

Coverage in Ontario runs to 527 places, from Pays Plat 51 at the smaller end to Toronto at 2,794,356 residents.

• Toronto: 2,794,356 residents; 631.1 square kilometres; density 4427.8 people per square kilometre.
• Ottawa: 1,017,449 residents; 2788.2 square kilometres; density 364.9 people per square kilometre.
• Mississauga: 717,961 residents; 292.7 square kilometres; density 2452.6 people per square kilometre.
• Brampton: 656,480 residents; 265.9 square kilometres; density 2469.0 people per square kilometre.
• Hamilton: 569,353 residents; 1118.3 square kilometres; density 509.1 people per square kilometre.

• London: population 422,324; land area 420.5 square kilometres; density 1004.3 people per square kilometre.
• Markham: population 338,503; land area 210.9 square kilometres; density 1604.8 people per square kilometre.
• Vaughan: population 323,103; land area 272.4 square kilometres; density 1186.0 people per square kilometre.
• Kitchener: population 256,885; land area 136.8 square kilometres; density 1877.7 people per square kilometre.
• Windsor: population 229,660; land area 146.0 square kilometres; density 1572.8 people per square kilometre.

Borrowing categories in Ontario

Nationally the site compares 20 products, and each one has its own Ontario page so the provincial rule is read alongside the product.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

The Ontario page does not rank the places by anything except the 2021 Census population supplied by Statistics Canada.

The Ontario entry records the regulator position, the payday position, the covered places and the products.

The provincial position described for Ontario applies to every covered place in the list, including Toronto and Pays Plat 51.

The Ontario coverage includes the capital, Toronto, among the places counted by the 2021 Census.

Readers can move from the Ontario page to any covered place page without leaving the same structure.

For Ontario, the coverage runs to 527 places, from Toronto at 2,794,356 residents to Pays Plat 51 at 100.

Population and land area for the places in Ontario come from Statistics Canada; the payday position comes from the federal Payday Lending Regulations (SOR/2024-114).

The Ontario page describes how the rules work rather than what any reader should do.

The Ontario figures on this page come from the 2021 Census of Population and from the federal Payday Lending Regulations (SOR/2024-114).

Every figure in the Ontario entry carries a publisher, and no figure is estimated.

No figure on the Ontario page is drawn from advertising; every number carries Statistics Canada or the federal Payday Lending Regulations (SOR/2024-114) its source.

For Ontario, the census record and the payday position are published by different bodies, and both are named on this page.

Ontario is listed here with the same fields as every other province page: regulator, payday position, places and products.

The Ontario record names Toronto as its capital, and the covered place list starts with Toronto at 2,794,356 residents.

Ontario is covered here with the census record for its places and the published financial position.

The record for Ontario names Toronto as the capital and Toronto as the largest covered place, at 2,794,356 residents.

Ontario is one of the jurisdictions covered here, and the page uses the same four blocks as every other: regulation, payday rules, places and products.

Ontario is described here using census figures for its places and the payday position published by the federal Payday Lending Regulations (SOR/2024-114).

The Ontario place list runs from Toronto at 2,794,356 residents to Pays Plat 51 at 100, all counted in the 2021 Census.

Ontario appears in this data set with 527 covered places, and the provincial rules described here apply across all of them.

The Ontario page belongs to a set that follows one structure for every province and territory.

Coverage for Ontario is drawn from the 2021 Census of Population and from the federal Payday Lending Regulations (SOR/2024-114).

Ontario is listed in this data set with 527 covered places, from Toronto to Pays Plat 51.

Anyone comparing Ontario with another province can read the same structure: regulator, payday rule, places and products.

What this site is

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 on this page come from Statistics Canada's 2021 Census of Population, and regulatory statements are attributed to the body that publishes them.