2026 May Newsletter - Mid-Year Financial Check-In

 

Mid-Year Financial Check-In

 

Mid-year can be a helpful point to check progress on the goals you’re building toward—whether that’s buying a home, growing a family, planning a wedding, or getting retirement plans more clearly defined. A quick review of cash flow, saving habits, and upcoming commitments (including debt renewal dates) can help keep day-to-day decisions aligned with longer-term priorities. 

 

As part of your mid-year financial check-in, consider whether you’d benefit from additional support—retirement planning, estate planning, private banking and tax planning specialists are available to support clients. In this newsletter, I’ve highlighted the following areas as part of your mid-year financial check-in:

 

• Cash flow & liquidity planning
  Reviewing income, spending, and cash reserves can help you prepare for upcoming expenses or life events and help you to ensure short-term liquidity needs are reflected in your broader plan.
   
• Reviewing loans, mortgages & renewal dates
  Review outstanding loans and mortgage terms and note upcoming renewal dates. Starting early can help you compare options and avoid last-minute decisions.
   
• Life changes & planning updates
  If there have been changes in your home, family, work, or business circumstances, a mid-year check-in can be a helpful moment to revisit goals and timelines. You may also want to review your home, car and travel insurance needs, and complete an annual review with your advisor and life insurance provider. You may also want to confirm registered savings goals (e.g., RRSP/TFSA) and key risk-management documents (insurance and estate planning) still reflect your current needs.
   

Important Reminders

June 15, 2026: The tax filing due date if you or your spouse or common-law partner are self-employed is June 15; your return will be considered filed on time if received on or before June 15, 2026. Note: if there is a balance owing for 2025, any balance owing was due April 30, 2026 to avoid late penalties and interest charges. [Footnote 1]

 

Wealth Perspectives

Below are a few articles and insights that stood out this month:

 

• Quarterly Exchange Spring 2026
  Spring invites fresh perspectives and new beginnings. With brighter days and renewed energy, it can be a good time to reset priorities, explore opportunities, and refocus on what matters most. Here are three curated articles to help you welcome the season feeling inspired, informed, and confident.
   
• Wealth Investment Office (WIO) - Quarterly Market Review: Q1 2026
  Market commentary on the latest quarter focusing on Canadian and U.S. fixed income, and Canadian, U.S and international equities.
   
• Tax triggers: Decisions and deadlines to plan ahead for
  Some tax decisions are tied to specific dates, while others are shaped by life events. All of them can affect your annual tax strategy. Greg Bonnell speaks with Georgia Swan, Tax and Estate Planner at TD Wealth, about notable triggers throughout the year- including RRSPs, RESPs and various investing choices - and why tax planning is a year-long process.                  
   
• Can traditional data services stocks still succeed amid AI disruption?
  Data services software stocks have been under pressure due to the growing capabilities of artificial intelligence. But Ram Sampath, VP for Portfolio Research with TD Asset Management, says some of these "invisible giants" can still succeed in this environment.             
   

Useful Tips

How To Deposit Cash to a TD Wealth Private Investment Advice Account

Before depositing cash to your TD Wealth Private Investment Advice (PIA) account, you must decide whether you wish it to be a recurring (scheduled) deposits/contributions, or intermittent deposits/contributions.  Click here to learn more.

 

To book a quick mid-year financial check-in or annual review this May, please free feel to contact me.