Richardson GMP. The next generation of wealth.

The next generation of wealth.™

Tax updates in the wake of COVID-19

Individuals & trusts – COVID-19 emergency support measures

As part of measures to help Canadians manage through the COVID-19 pandemic, the Federal Government introduced numerous proposals. Here is a breakdown of key measures. Read more.

COVID-19 Business owners

Business owners - Additional COVID-19 emergency support measures

The federal government has announced additional emergency support measures for Business Owners as the economic impact of COVID-19 is being widely felt. We provide Business Owners with high-level details on the new measures. Read more.

Early retirement

Early retirement

Do you have a specific goal or clear number in mind and is it feasible? Retirement can mean different things to different people, so we’ve outlined several factors to consider. Whatever your goals, we can help you plan your transition. Read more.

Prescribed rate loans

Prescribed rate loans

Do you have an income-splitting loan arrangement? Take note of the new prescribed rate, which drops to 1% (July 1, 2020), and presents a rare planning opportunity! We’ve outlined some key considerations here. Read more.

Cottage succession

Cottage succession planning

Has your cottage or vacation property taken on added meaning during the pandemic? We explore one family’s situation and the cost-effective, tax-efficient solution they relied on to ensure their cottage stays within the family for generations. Read more.

nextArrow

prevArrow

COVID-19 FAQ

As the situation changes on an almost daily basis – and in some cases hourly – we want to ensure you are well informed. The following frequently asked questions may assist you in the first instance.

Mortgage deferral

Mortgage deferral

Are you considering deferring your regular mortgage payments during the pandemic? In addition to your overall financial position, there are a number of important factors that you should consider before deciding to defer.

Aging challenges

Power of attorney

Arranging a power of attorney for your personal care and property can alleviate stress down the road for you and your family. Here’s what you need to know about these key documents.

MyRichardsonGMP

Find an Advisor