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FundsForBudget > Debt > How Tariffs Could Impact Your Wallet: Practical Money Tips for Canadians
Debt

How Tariffs Could Impact Your Wallet: Practical Money Tips for Canadians

TSP Staff By TSP Staff Last updated: March 28, 2025 1 Min Read
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By Garrett Johnson

For Canadians, tariffs on American goods could mean higher prices for the average consumer. With over 70% of Canada’s trade tied to the U.S., these changes could cause waves through your budget, making it harder to manage your money and stay on top of debt.  

But here’s the good news: you don’t need to be an expert on tariffs to protect your finances. We’re here to help you navigate these challenges with practical and actionable advice. Whether you’re dealing with the high cost of living, planning for irregular income, or worried about job security, this page will walk you through the steps to stay financially resilient—no matter what the economy throws your way.

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