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CUSMA Review 2026: What Happens on July 1 — and What It Means for Your Wallet

The trade deal that governs nearly $1.3 trillion in Canada-U.S. commerce is up for review in less than a week. Here's what's at stake for Canadian families — and how to protect your budget whatever happens next. By MoneySavings.ca Staff  |   June 25, 2026 Canada Day is almost here — and this year, July 1 carries a lot more weight than fireworks and barbecues. On that same date, Canada, the United States, and Mexico are required to sit down for the first mandatory review of the Canada–United States–Mexico Agreement , known in Canada as CUSMA (and in the U.S. as the USMCA). The outcome of these talks will help shape the price of your groceries, your next car payment, Canadian jobs, and the overall cost of living for years to come. If you've heard the buzz but aren't sure what it all means for your household budget, you're in the right place. Here's your plain-language breakdown. What Is CUSMA — and Why Should You Care? CUSMA replaced the old NAFTA deal in 2020 an...

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Canadian Dental Care Plan: Who Qualifies?

 

The Canadian Dental Care Plan (CDCP) aims to provide essential dental coverage to those in need. To be eligible for this program, you must meet the following criteria:

  1. Canadian Residency: You must be a Canadian resident for tax purposes.

  2. Adjusted Family Net Income: Your adjusted family net income should be less than $90,000. This calculation considers various factors, including income reported on tax returns and any universal child care benefit or registered disability savings plan income received.

  3. Filed Tax Return: You must have filed your tax return in the previous year.

  4. No Access to Dental Insurance: To qualify, you must not have access to dental insurance. This includes coverage through employers, family members, pensions, professional or student organizations, or group plans from insurance companies. Even if you choose to opt out of available benefits, you are still considered to have access to dental insurance.

If you already have dental coverage through provincial, territorial, or federal government social programs, you can still qualify for the CDCP. In such cases, your coverage will be coordinated to avoid duplication or gaps in care.

Remember that providing false information on your application may result in removal from the plan, and ineligible family members may need to repay the full cost of care received through the CDCP.


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