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Emergency Fund
Emergency Fund

Last week the Canadian Payroll Association released a survey which showed that 6 out of 10 Canadians would be unable to meet their financial obligations if they only missed one paycheque.
For the last 5 days, a cloud of volcanic ash from a volcano in Iceland has covered much of Europe. Because this ash is so dangerous to jets, air travel across Northern Europe has virtually ground to a halt. Consequently, hundreds of thousands of people are stranded in airports around the world and airlines are loosing hundreds of millions of dollars per day.