The VPG Bulletin | May 2017 Edition

MAY 2017

Summer will be here before you know it, and let’s hope it’s a beautiful one! Maybe you’re planning a trip abroad for your vacation. If so, you certainly are going to want to get the best exchange rate for your Canadian money and minimize your transaction fees.

MoneySense offers a list of the main advantages and inconveniences of different payment methods when out of the country. To take a look at the best strategies, click here. Have a great trip!

Inflation: a key factor

The basket of groceries that 25 years ago would have cost you $100, today would cost you $155—an increase of 55%. Therefore, when planning your retirement income, don’t forget to take into account the crucial effect that inflation can have in reducing your future purchasing power. Don’t hesitate to contact us with any questions about this subject.

Until next time!

Francis, Gilles & Josée

How much does a child’s education cost?

Image source: conseiller.ca

We all want the best for our child, but how much does it cost to raise a child from infancy to the age of majority? One indication: it is equal to the average price of a single-family home in Quebec. Learn about the expenses that need to be factored in.

Read the article

Best new brunch spots

Image credit: bistropassecompose.com

Brunch is a great way to relax on the weekend, whether it be on your own, as a couple, or in a group. Are you looking for a standout experience? Here is a selection of new places to try that are sure to please your taste buds. Bon appétit!

Read the article

Missed a previous edition of the VPG bulletin?

You can read or re-read past editions on our website.

Click here

Team

Francis Sabourin
Director, Wealth Management
Portfolio Manager
Tel.: 514.989.4844 • Email

Gilles Deraspe
Portfolio Manager
Tel.: 514.981.5770 • Email

Sabourin Deraspe
Wealth Management
1250 René-Lévesque Blvd. West
Suite 1500
Montréal, QC H3B 4W8
Email • .Website

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.