"Our New Year" is Midwinter Graces’ final track and talks about close ones who are no longer there, whether they’re dead or estranged, and who we miss on Christmas holidays, while everyone gathers and celebrates with family and relatives. “I think at this time of year you think of people that might not be in your life anymore or who’ve left the planet. I get really nostalgic at Christmas, I don’t know about you, but I do, and memories of other times with other people who you might not have heard from in a long time can cross your mind,” Tori thus explained to Bizarre Magazine in December 2009.
In the lyrics, the new year reminds the narrator the passing of time and the cruel absence of loved ones she lost. The song is commonly considered by fans as an acknowledgement to her brother Michael, who died in a car accident at age 50 in 2004, leaving a wife and two children.
In an interview for the Scotsman in October 2009, Tori confessed the untimely death of her older brother drew her closer to her sister Marie. "My sister and I have always been close but because of that, she calls me every day. Maybe something like that makes you realise that time is passing and we’re all eventually going to leave the planet. We began to really value our relationship and we also realised that our parents are incredibly vulnerable and what it put them through. Parents should never bury their children."