May 2026 GPFS Newsletter

Submitted by GPFS on Fri, 05/08/2026 - 10:00AM

GPFS' May Newsletter has been published.

Click above to read our newsletter, including financial insights, portfolio reports, and online client access.

Consumer Protection and How Your Assets are Safeguarded

Submitted by GPFS on Thurs, 05/07/2026 - 9:30AM

In addition to planning considerations, clients often ask how their assets are protected. 

Canada's financial services industry provides multiple layers of consumer protection.

Click above to learn more. 

Post-Tax Season Planning Opportunities

Submitted by GPFS on Thurs, 05/07/2026 - 9:20AM

Following the completion of the 2025 tax season, many clients are looking for ways to reduce or better manage future tax balances. 

As every situation is different, tax payment and cash flow strategies should be reviewed alongside retirement income, investment, and estate-planning considerations. 

Click above to learn more. 

Trust Reporting and Tax Planning Considerations

Submitted by GPFS on Thurs, 05/07/2026 - 9:10AM

With the 2025 tax season now behind us, this is an ideal time to look ahead and consider steps that may simplify future filings. 

One area receiving increased attention is the use of bare trusts. Recent changes have introduced expanded T3 trust reporting obligations, which may result in additional administrative complexity and cost if applicable. 

The Government of Canada outlines what has changed and who may be affected. 

Click above to learn more. 

Joint Ownership: Simple in Theory, Complex in Practice 

Submitted by GPFS on Thurs, 05/07/2026 - 9:00AM

Joint ownership is often viewed as a straightforward way to manage financial affairs or simplify estate planning. However, what appears simple can introduce unintended legal and tax consequences. 

The article from Manulife Investments provides a concise overview of key considerations, potential risks, and alternative approaches. 

Click above to learn more.