Savings & Accumulation
Build your savings with a strategy designed around your goals
Whether you're saving for retirement, buying your first home, planning for a child's education, building long-term wealth or simply looking for a secure place for your savings, the right investment strategy starts with understanding your goals.
Global Pacific works with financial advisors to provide access to a broad range of savings and investment solutions from leading Canadian financial institutions and insurance companies.
Explore the options below or speak with your financial advisor about developing a strategy suited to your objectives, time horizon and comfort with investment risk.
Registered Savings Plans
Registered plans provide tax advantages designed to help Canadians save for specific financial goals.
Tax-Free Savings Account (TFSA)
Save and invest while generally allowing your investment growth and withdrawals to remain tax-free. A TFSA can be used for short-term savings, long-term investing, retirement planning and many other financial goals.
Learn About TFSAs →
First Home Savings Account (FHSA)
Save toward your first qualifying home while combining tax-deductible contributions with tax-free qualifying withdrawals.
Learn About FHSAs →
Registered Retirement Savings Plan (RRSP)
Build retirement savings with tax-deductible contributions and tax-deferred investment growth while funds remain in the plan.
Learn About RRSPs →
Registered Education Savings Plan (RESP)
Save for a child's post-secondary education while potentially benefiting from government education savings incentives.
Learn About RESPs →
Registered Disability Savings Plan (RDSP)
Build long-term financial security for a person eligible for the Disability Tax Credit while potentially accessing valuable government grants and bonds.
Learn About RDSPs →
Investment Solutions
Once you have selected the right account or plan, the next step is deciding how your savings should be invested.
Different investment solutions provide different combinations of growth potential, guarantees, access to funds and protection from market fluctuations.
Segregated Funds
Segregated funds combine professionally managed investments with certain insurance-contract features, including maturity and death benefit guarantees.
They can provide access to a range of investment approaches while offering estate-planning and potential creditor-protection features, subject to applicable contract terms and legislation.
Explore Segregated Funds →
Guaranteed Investment Funds (GIFs)
Guaranteed Investment Funds are segregated fund contracts offered by life insurance companies. They provide access to professionally managed investment funds together with insurance-contract guarantees and features.
Investment options can range from conservative fixed-income portfolios to balanced and equity-oriented funds.
Learn About Guaranteed Investment Funds →
Market-Linked Term Investments
Market-linked term investments provide the opportunity for returns linked to the performance of a specified market or index while offering defined protection features according to the terms of the investment.
They may be appropriate for investors seeking an alternative to traditional fixed-rate investments without assuming the same market exposure as investing directly in equities.
Explore Market-Linked Investments →
Guaranteed & Fixed-Interest Investments
For savings where principal stability and predictable interest are priorities, guaranteed investments may provide an appropriate solution.
GICs & Term Deposits
Guaranteed Investment Certificates and term deposits can provide a known or predetermined rate of return over a selected period.
Compare different terms, issuers and product features, and learn how strategies such as GIC laddering can provide regular maturity dates and greater flexibility.
Explore GICs & Term Deposits →
Life Company GIA Rates
Canadian life insurance companies also offer fixed-interest investment options, commonly known as Guaranteed Interest Accounts (GIAs), Guaranteed Interest Options (GIOs) or similar names.
Access current guaranteed-interest rate resources from participating life insurance companies.
View Life Company GIA Rates →
Borrowing to Invest
RRSP & Investment Loans
Borrowing can sometimes be used as part of a longer-term savings or investment strategy, including financing an RRSP contribution or implementing an investment strategy.
Investment borrowing involves additional costs and risks and is not appropriate for everyone. Your financial advisor can help you understand the potential benefits, costs and risks before deciding whether borrowing to invest is appropriate for you.
Learn About RRSP & Investment Loans →
Finding the Right Savings Strategy
There is no single investment solution that is right for everyone.
The appropriate combination of registered plans and investments will depend on factors such as:
- Your financial goals
- When you expect to need the money
- Your income and tax circumstances
- Your comfort with investment risk
- Your need for access to your savings
- Your retirement and estate-planning objectives
A financial advisor can help you evaluate these considerations and build a savings and investment strategy around your individual circumstances.
Ready to Start Planning?
Whether you're starting to save, reviewing existing investments or approaching an important financial goal, professional advice can help you understand your options.
Speak with Your Advisor
Don't have an advisor? Contact Global Pacific to connect with a licensed financial advisor.
Important Information
The information provided is for general educational purposes only and should not be considered financial, investment, insurance, tax or legal advice.
Investment products and registered plans are subject to their applicable terms, eligibility requirements, tax rules and legislation. Investment values may fluctuate, and past performance is not indicative of future results. Guarantees associated with insurance investment products are subject to the terms and conditions of the applicable contract.
Please consult your financial advisor and, where appropriate, a qualified tax or legal professional regarding your individual circumstances.
