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The CUSMA Countdown: 24 Days to a Trade Deadline That Could Hit Your Wallet

Canada's free trade deal with the U.S. hits a mandatory review milestone on July 1. With negotiations unresolved and Washington demanding changes, here's what it actually means for your groceries, your car, and your job. MoneySavings.ca Staff Canadian Money Brief June 7, 2026 5 min read What Is CUSMA and Why Does July 1 Matter? CUSMA — the Canada-United States-Mexico Agreement — is the trade deal that keeps the North American economy humming. It replaced NAFTA in 2020 and governs the movement of trillions of dollars in goods and services across the Canada-U.S. border every year. For Canadian consumers, it's largely invisible — until it isn't. Built into the agreement is a mandatory six-year joint review, and that clock expires on July 1, 2026 . By that date, all three countries must declare whether they want to renew the deal for another 16 years, trigger annual reviews, or walk away. Whatever they decide, CUSMA technically stays in force until 2036 — but the path chose...
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How to Boost Your Income in a Tough Economy


Many Canadians are feeling the pinch of the rising cost of living, and cutting expenses may not be enough to make ends meet. Financial experts say that increasing your income is a better strategy than slashing your budget to the bone.

Here are some ways to boost your income according to experts:

1.  Negotiating a higher salary at your current job is a good first step. Do your research on the market value of your skills and achievements, and being prepared to make your case for a raise.

2. Diversifying your income sources by selling your unwanted items, renting out your space or possessions, or starting a side hustle. However,  these options may require trade-offs in terms of time or privacy.

Many professionals in this field agree that boosting your income is more effective than cutting your expenses in the long run. You should be looking for opportunities to use your skills, hobbies, or passions to generate extra income, while being mindful of the tax implications.

Also seeking professional advise if you are struggling with debt or budgeting, as there may be solutions that you are not aware of. Increasing your income can help you achieve your financial goals and improve your quality of life.

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