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CUSMA Renewal Deadline Passes: What It Means for Your Wallet

  July 8, 2026 July 1 came and went without a full renewal of the Canada-United States-Mexico Agreement (CUSMA). Instead of locking in another 16-year term, the United States chose not to extend the deal in its current form, which means the trade pact now shifts into an annual review process for the next decade. Here's what that actually means for your money. What just happened All three countries had until July 1 to say whether they wanted to renew CUSMA. Because Washington opted against a full renewal, the agreement now gets reviewed annually rather than being locked in for over a decade. Canada's Trade Minister Dominic LeBlanc confirmed the three countries agreed to keep talking, with Canada specifically pushing to address sectoral tariffs on steel, aluminum, autos, and lumber. Any of the three countries can still walk away entirely with six months' notice. The good news: most trade stays tariff-free For now, the status quo holds. The bulk of Canadian exports to the U.S....
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Bitcoin Hovers Near All-Time Peak as Crypto Draws Record Inflows

 

Bitcoin, the original cryptocurrency, is experiencing a remarkable surge, propelled by an unprecedented influx of capital into crypto products and the anticipation of a reduction in the digital token’s supply growth. On Monday, it reached an all-time peak of nearly $72,881, and as of Tuesday morning in Singapore, it was trading at $72,165.

Here are the key highlights:

  1. Record Inflows: Last week, a staggering $2.7 billion flowed into crypto assets, with the majority directed toward Bitcoin. This surge in investment reflects growing interest from institutional players and retail investors alike.

  2. Spot Bitcoin ETFs: The success of spot Bitcoin exchange-traded funds (ETFs) launched in the US on January 11 has been a driving force behind recent momentum. ETFs from BlackRock Inc. and Fidelity Investments have collectively attracted a net inflow of approximately $9.5 billion so far. Additionally, the London Stock Exchange now accepts applications for Bitcoin and Ether exchange-traded notes, while Thailand’s securities regulator signals openness to overseas crypto ETFs for retail buyers.

  3. Institutional Adoption: Ophelia Snyder, co-founder and president of 21Shares, notes that institutional adoption is still in its early stages in the US. Not all institutions and wire houses have access to Bitcoin, but the landscape is evolving as more players enter the market.

  4. Market Outlook: Analysts suggest further gains may be on the horizon. Tony Sycamore from IG Australia Pty predicts Bitcoin could push toward $80,000 in the coming months, while technical analyst Katie Stockton of Fairlead Strategies LLC also sees this level as achievable in the medium term.

As Bitcoin continues its ascent, the crypto market remains dynamic and full of potential. Investors and enthusiasts alike are closely monitoring developments, and the anticipation surrounding the upcoming halving event scheduled for April 20 adds to the excitement.

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