Richardson GMP
JULY 2018

Newsletter survey

We would like to thank all of our clients who took the time to complete our survey on The Independent Source. Your feedback is extremely valuable to us. We have contacted the winner of the Visa gift card and we will have the results to share with you in our August newsletter.

We would also like to remind our clients that you can opt out at any time, either by clicking “unsubscribe” at the bottom of the newsletter, or send an email to any of our team members and we will remove your email from our mailing lists.

Family Wealth Transfer Plan

Many are not aware that Life Insurance can be used as an effective way of accumulating and transferring wealth. The Family Wealth Transfer Plan is not unlike other permanent insurance strategies that transfer non registered savings from a tax exposed investment to an exempt life insurance policy. What makes this concept different is the owner of the policy is purchasing life insurance on a child or grandchild. This will allow the parent or grandparent to defer tax by passing down assets to the next generation through a life insurance policy tax free. It also gives the owner control of the deposits and investment selection of the plan while they are alive.

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Fundamental Defense — QV Quarterly Update

High corporate debt levels, a flattening yield curve, and a lengthening economic expansion are just a few of the concerns worrying investors of late.

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Mapping the price of beer around the world

Summertime is patio time. You may be curious which country offers the least expensive cold pint of beer… travel cost not included! Below is an interesting article about the price of beer around the world. See you in Manila!

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NAFTA & Canada US Trade — Lorica Quarterly Update

A year ago, we were led to believe that Canada was not going to be a major target of the White House’s trade reforms — "We have a very outstanding trade relationship with Canada. We'll be tweaking it. We'll be doing certain things that will benefit both of our countries", President Trump said at a news conference following his first face-to-face meeting with Justin Trudeau.

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Seven man-made engineering wonders of the ancient world

Take a look around any major city today, and it’s evident that humans are pretty incredible builders... But while there is no shortage of modern engineering accomplishments to marvel at, it’s true that our ancestors also made impressive feats in the field of civil engineering.

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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

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

Eddie Gudewill, CFA
Portfolio Manager
Tel.: 604.640.0562 • Email

Wendy Lloyd
Tel.: 604.640.0556 • Email

Jessica Dewey
Tel.: 604.640.0405 • Email

Brenda Geib, BA
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


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.