Richardson GMP
SEPTEMBER 2016

Happy Birthday Neil!

The team recently celebrated Neil’s 40th with some paintball. Here are a couple of photos from the day... Neil dressed as the Terminator Chicken! Jason Leemans made an appearance too.



Barney Bentall & The Cariboo Express concert in support of the Potluck Café Society

Dwight and Tyler want to show you a good time!

This year, the 11th Annual Barney Bentall & The Cariboo Express concert in support of the Potluck Café Society will be held on Saturday, November 26 at the Vogue Theatre, starting at 7:30 pm. Jefferson | Steele Partners made a three year commitment as presenting sponsor, and we invite you to be a part of this fun, feel good evening.

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Protecting Canadians from the US estate tax

The US estate tax applies to any assets owned by Canadians that are considered to be located in the United States. This includes US real estate, stocks in US corporations (such as Apple, Exxon or Walmart), and personal property located in the United States.

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Book review: Finlay’s River

By Dwight

One of the consequences of progress and growth is that history, or at least the preservation of it, falls victim to the inexorable re-shaping of our, land, our buildings, our cities, and our culture. Archaeologists make a living off of this, rediscovering our past, and trying to reconstruct an accurate picture of times and places long buried by progress.

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Does fiscal stimulus work when recessions are caused by too much private debt?

A number of research studies have shown that excessive household debt contributed to the 2007 financial crisis and slowed the economic recovery from the Great Recession. A hotly debated topic among economists and policymakers now is whether a stimulatory fiscal policy is helpful in such a recession.

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Jefferson|Steele

Dwight Jefferson, CIMA®
Senior Vice President
Portfolio Manager
Tel.: 604.640.0555 • Email

Tyler Steele, CFA
Senior Vice President
Portfolio Manager
Tel.: 604.640.0554 • Email

Paul Rietkerk, CIM, FMA
Portfolio Manager
Tel.: 604.640.0562 • Email

Neil Kumar, CIM®
Portfolio Manager
Tel.: 604.640.0406 • Email

Wendy Lloyd
Associate
Tel.: 604.640.0556 • Email

Jessica Dewey
Associate
Tel.: 604.640.0405 • Email

Brenda Geib, BA
Associate
Tel.: 604.640.0559 • Email

Richardson GMP Limited
500 – 550 Burrard Street
Vancouver, BC V6C 2B5

Toll Free: 1.866.640.0400
Fax: 604.640.0300

www.JeffersonSteele.ca

innovation bar

    

The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson GMP Limited or its affiliates. Assumptions, opinions and estimates constitute the author's judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. The comments contained herein are general in nature and are not intended to be, nor should be construed to be, legal or tax advice to any particular individual. Accordingly, individuals should consult their own legal or tax advisors for advice with respect to the tax consequences to them, having regard to their own particular circumstances. Insurance services are offered through Richardson GMP Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, PEI and NL. Additional administrative support and policy management are provided by PPI Partners. Richardson GMP Limited is a member of Canadian Investor Protection Fund. Richardson is a trade-mark of James Richardson & Sons Limited. GMP is a registered trade-mark of GMP Securities L.P. Both used under license by Richardson GMP Limited.