May 2019

Market Ethos —
The long and short of CAD

Our team has spoken at well over 100 client events over the past five years and, by far, the most common question we’ve encountered relates to the loonie. Many of the inquiries were about whether to exchange money “now or in a month’s time” — typically asked by those planning to escape the Canadian winter!

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Richardson GMP Vancouver is moving!

We are excited to announce that Richardson GMP Vancouver will be moving to a new office space in July. The lease is up in our current building and the tentative move date is July 12th.

Our new location will be on the 22nd and 23rd floors of the Guinness Tower, situated at 1055 West Hastings Street. The cross streets are Burrard and Thurlow.

Please stay tuned for more details, including an open house planned for late September/early October.

Four behavioral biases —
and how to fight them

Behavioral finance rests on a simple premise: The biggest risks in investing are embedded in ourselves as decision makers. Biology encourages our brains to take cognitive shortcuts that can cause big problems.

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Infographic —
How much oil is in an electric vehicle

When most people think about oil and natural gas, the first thing that comes to mind is the gas in the tank of their car. But there is actually much more to oil’s role, than meets the eye…

Oil, along with natural gas, has hundreds of different uses in a modern vehicle through petrochemicals.

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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. Insurance services are offered through Richardson GMP Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, and PEI. Additional administrative support and policy management are provided by PPI Partners. Richardson GMP Limited, Member 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.