Canada's Growing Debt Crisis - Wes Cowan
In today’s episode, I’m joined by Wes Cowan from MNP Financial to talk about what’s really happening beneath the surface of Canada’s economy.
While things may look stable from the outside, rising consumer debt, increasing insolvencies, and missed payments are telling a very different story. We break down what’s pushing more Canadians to the edge, the warning signs to watch for, and what actually happens when things go too far—from consumer proposals to bankruptcy and even losing your home.
We also cover the risks for co-signers, how lending is changing, and what you should do in the first 30 days if you find yourself in financial trouble.
If you think this couldn’t happen to you, this is exactly why you need to listen.
Contact Wes
Email: wesley.cowan@mnp.ca
Web: www.mnp.ca
Phone: 310-DEBT
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