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

This episode proudly sponsored by Our Neighbourhood Realty - ONRI.ca

Realtors, are you looking for a brokerage that truly supports your growth? At Our Neighbourhood Realty, we offer training programs created by experienced agents to help you succeed. Our 'Pathfinder Course' is designed to guide you through the real estate landscape, giving you the tools and knowledge to excel. We also host events featuring top industry experts to ensure you stay ahead in this competitive market. Join a community that values mentorship, innovation, and your success. Visit ONRI.ca to learn more and become part of our team today!

Please a leave a review, as it helps Gary understand if he's bringing on the right guests that you want to hear from!

Other Links:

Real Estate Investment Club visit https://www.smarthomechoice.ca

Understanding Canada's 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

This episode proudly sponsored by Our Neighbourhood Realty - ONRI.ca

Realtors, are you looking for a brokerage that truly supports your growth? At Our Neighbourhood Realty, we offer training programs created by experienced agents to help you succeed. Our 'Pathfinder Course' is designed to guide you through the real estate landscape, giving you the tools and knowledge to excel. We also host events featuring top industry experts to ensure you stay ahead in this competitive market. Join a community that values mentorship, innovation, and your success. Visit ONRI.ca to learn more and become part of our team today!

Please a leave a review, as it helps Gary understand if he's bringing on the right guests that you want to hear from!

Other Links:

Real Estate Investment Club visit https://www.smarthomechoice.ca

Rent Reporting: How Tenants Can Build Credit - Kayla Andrade

In this episode, I sit down with Kayla Andrade, landlord advocate and founder of Ontario Landlord Watch, to break down the real impact of Ontario's evolving rental landscape.

In Part 1, we dove into Bill 60, new eviction timelines, tenant compensation, and what these changes mean for both landlords and tenants. In Part 2, we dive into rent reporting—how it works, how it affects tenant credit scores, and whether it's becoming the new standard.

Plus, a quick reminder: you'll always pay—either with time or money. The key is choosing wisely.

If you're a landlord, investor, or real estate professional, this is a must-listen.

Contact Kayla

Facebook Page: OntarioLandlordsWatch

Facebook Group: 818378618219840

Instagram: ontlandlordswatch

This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca

If you're look to borrow or invest funds, Deep Pockets should be at the top of your list. It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.

As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.

To find out more, visit the website or email hello@deep-pockets.ca

Other Links:

WATCH the podcast! https://www.youtube.com/@gary.hibbert