January 2026

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Financial Resolutions for 2026

Give your finances a boost this new year. Here is a list of financial resolutions to help you become better off by the end of the next twelve months:


Eliminate personal debt. – Brad and Angie had fallen into the very common habit of buying lots of ’stuff’ with their credit cards and soon were carrying a balance from month to month. At 19.9%, it is very expensive to live this kind of lifestyle. And any new purchases attract the same financing charge from date...

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Maximize Your RRSP Return Through Asset Location

Do you know the real rate of return on your investments? Generally, Canadians measure the success of their investments based only on the rate of return. While it provides a good snapshot of whether an investment is doing well or not, it is not the only criterion for a true picture of success. A good portfolio is based not only on the return, but also by the tax implications of the investments.


Investors can optimize their real rate of return by utilizing effective asset location strategies to reduce tax exposure. Carefully dividing your investments between registered and non-registered portfolios will help to maximize your overall return. Keep in mind, investments inside your RRSP are tax deferred and a TFSA (Tax Free Savings Account) is not taxable. But everything outside of these investments will have a...

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Too Much Life at the End of the Money

You have probably heard the phrase; too much month left at the end of the money. Paying for housing, groceries, fuel, utilities and various child rearing expenses, although very necessary, can put a huge strain on a family when outlays sometimes exceed your income. Fortunately, this is usually only a temporary hiccup in most people’s lives.


However, people aged 40-50 years are beginning to face new financial issues concerning not only their immediate family but also their parents. Yes, parents. Increasing life spans are forcing many Canadians in this age bracket to think more and more about the financial requirements of their parent’s retirement years. There is a growing likelihood than many of today’s seniors will eventually be struggling with the problem of an underfunded...

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Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount on your investment in the fund will be returned to you. Past performance may not be repeated. Global Maxfin Investments Inc. (GMII) is registered as a Mutual Fund Dealer with the Provincial Securities Commissions and as such our Financial Advisors are entitled to sell mutual funds and other approved securities as permitted under our registration. They may also be able to provide other services or products to you through their own business. As a member of the Mutual Fund Dealers Association of Canada ("MFDA"), GMII is obligated to disclose to you that you may be dealing with companies other than GMII when purchasing services or products from your Financial Advisor (remuneration to your Financial Advisor may also come from various sources depending on the services or products purchased). For example, your Financial Advisor may offer any one or more of the following through a separate business, which would not be the responsibility of GMII: Deposit Instruments: GICs, Canada Savings Bonds; Fee for Service Financial Planning; Estate Planning; Tax Planning or Income Tax Preparation; Insurance: Life, Accident, Sickness, Disability, General. Please be sure that you have a clear understanding of which company you are dealing with for each of your services and products. Your Financial Advisor would be happy to provide any clarification you require. This publication contains opinions of the writer and may not reflect opinions of GMII. The information contained herein was obtained from sources believed to reliable, but no representation, or warranty, express or implied, is made by the writer or GMII or any other person as to its accuracy, completeness or correctness. This publication is not an offer to sell or a solicitation of an offer to buy any of the securities. The securities discussed in this publication may not be eligible for sale in some jurisdictions. If you are not a Canadian resident, this report should not have been delivered to you. This publication is not meant to provide legal or account advice. As each situation is different you should consult your own professional advisors for advice based on your specific circumstances. Grant Simpson and Global Maxfin Investments Inc. (GMII) do not make any representation that the information in any linked site is accurate and will not accept any responsibility or liability for any inaccuracies in the information not maintained by them, such as linked sites. Any opinion or advice expressed in a linked site should not be construed as the opinion or advice of Grant Simpson or GMII. The information in this communication is subject to change without notice. Only Mutual Funds services are offered and regulated through Global Maxfin Investments Inc.

Grant Simpson | Global Maxfin Investments
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