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flag Financial advisors urge Canadians to save three to six months' expenses due to U.S. tariff tensions.

flag Amid U.S. tariff tensions and economic uncertainty, financial advisors suggest Canadians set aside three to six months' living expenses in an emergency fund. flag This fund should be kept in a high-interest savings account or a cashable GIC for easy access and minimal penalties. flag It's important to check for Canada Deposit Insurance Corporation (CDIC) protection, which covers up to $100,000. flag Avoid using investment accounts for emergency funds due to potential accessibility issues and tax penalties. flag This preparation helps strengthen financial security.

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