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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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Dow Set to Build on Rally as Major Week for Markets Begins

 

The Dow Jones Industrial Average is poised to continue its upward momentum as a significant week for the markets kicks off. U.S. stock futures rose on Monday, with Dow futures up approximately 0.4%, following a surge of over 650 points last week. S&P 500 futures and Nasdaq 100 futures also showed gains of 0.4% and 0.6%, respectively.

Investors are gearing up for a busy week filled with key events, including a Federal Reserve rate decision, the July nonfarm payrolls report, and earnings reports from major tech companies like Apple, Microsoft, Amazon, and Meta. The market’s recent rally was bolstered by a promising inflation reading, which has strengthened bets for future interest-rate cuts.

Despite the positive outlook, the market remains cautious after a volatile period marked by a significant tech sell-off. The Federal Reserve is expected to hold off on any rate changes at its meeting on Wednesday, with many analysts predicting that any action will be delayed until September. The upcoming jobs report on Friday is anticipated to reveal potential weaknesses in the labor market, which could influence the timing and extent of future rate cuts.

As investors await these crucial updates, over 150 members of the S&P 500 are set to release their quarterly results, starting with McDonald’s on Monday. This week promises to be a pivotal one for the markets, with potential surprises that could test the resilience of the current rally.


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