Richardson GMP
APRIL 2015

On April 21st, members of the Richardson GMP Tax & Estate Planning team were in the Tax Practitioners lock up in Ottawa, analyzing the budget in advance of the Finance Minister's speech.

They have prepared an overview and assessment exclusively for our clients — to help you understand what impact the 2015 federal budget may have on the way we manage your wealth (click here).
 

Fixed Income outlook

The decline in the Canadian dollar was part of a broader trend of U.S. dollar appreciation, as the Bank of Canada, as well as more than 20 other central banks, provided additional stimulus to economies.Global excess capacity relative to demand is still the order of the day.

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Market outlook

This month marks the start of the seventh year of a bull market. Global stocks continue to make new highs, and valuations are no longer depressed.

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Persian Fire

Book review by Dwight

I wasn’t a particularly enthusiastic student of history as a child. Math and Sciences were more my thing (which may provide comfort since our business does require some math skills).

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Understanding your statements

Have you ever wondered what all of the information on your statements means?

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Watering tips

Given the lack of snow on the North Shore Mountains this year, it is likely Vancouverites will be facing watering restrictions this summer. These restrictions may take a toll on your garden and lawn if you are not careful. We have scoured the web to get some tips to keep your greenery looking, well... green.

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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
Associate Portfolio Manager
Tel.: 604.640.0562 • Email

Neil Kumar
Associate Investment Advisor
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

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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, NS and PEI. 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.