Payday Loan Rules Across Canada
Every province and territory sets its own rules for payday credit, and the differences matter. Choose a region below to see the local cost limits, who qualifies for a loan, and the cities covered.
All 13 Provinces & Territories
Each regional page lists the maximum cost of borrowing, names the local regulator, and links through to city-level pages.
Ontario
Maximum $15 per $100 borrowed under the Payday Loans Act.
See 42 citiesQuebec
Interest is capped at 35% APR, which effectively limits traditional payday lending.
See 19 citiesBritish Columbia
Maximum $15 per $100 borrowed under the Business Practices and Consumer Protection Act.
See 19 citiesAlberta
Maximum $15 per $100 borrowed with instalment repayment options.
See 10 citiesManitoba
Maximum $17 per $100 borrowed on the first loan advance.
See 1 citiesSaskatchewan
Maximum $17 per $100 borrowed under The Payday Loans Act.
See 2 citiesNova Scotia
Maximum $15 per $100 borrowed as set by the UARB.
See 2 citiesNew Brunswick
Maximum $15 per $100 borrowed under the Cost of Credit Disclosure and Payday Loans Act.
See 3 citiesNewfoundland and Labrador
Maximum $14 per $100 borrowed under provincial payday lending regulations.
See 1 citiesPrince Edward Island
Maximum $25 per $100 borrowed, among the highest permitted caps in Canada.
See 0 citiesYukon
Maximum $17 per $100 borrowed under Yukon consumer protection rules.
See 0 citiesNunavut
No dedicated payday loan cap; the federal criminal interest rate applies.
See 0 citiesNorthwest Territories
No dedicated payday loan cap; the federal criminal interest rate applies.
See 0 citiesReady when you are
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