Financial Holiday Hangover

2016-01-22

Author: Wesley Cowan

‘Tis the season to be…managing all that debt you accumulated as you got swept up in the holiday season? Doesn’t sound like a fun start to the New Year, but given current economic climate, many Canadians are going to be struggling to catch up with their holiday spending.

MNP LTD Trustee Wes Cowan was interviewed by the Kitchener Post to discuss post- holiday debt and some strategies you can use to get ahead of your debt before it gets ahead of you. The original article was originally posted online at Kitchener Post on January 4, 2016.

Wesley Cowan

Wesley Cowan

CIRP, LIT

Senior Vice-President

Servicing: Waterloo, Cambridge, Kitchener, Stratford, Tillsonburg, Guelph, Listowel

Latest Blog Posts

2025-10-17

How buyer’s remorse laws can help you stay out of debt

This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt. 

Read More

2025-10-13

Managing debt through divorce: What to consider

Vicky Samuels

Debt Solutions Lifestyle Debt

When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options. 

Read More

2025-10-06

Ontarians face ‘heat or eat’ decisions as financial strain deepens

Caryl Newbery-Mitchell

MNP Consumer Debt Index

Ontarians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.

Read More

Consultation icon