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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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LCBO Strike Continues Amidst Dispute Over Return-to-Work Protocol

 

A tentative agreement to end the two-week-long strike at the Liquor Control Board of Ontario (LCBO) has been thrown into question, with both sides accusing each other of bad faith bargaining. The Ontario Public Service Employees Union (OPSEU), representing 10,000 LCBO workers, announced that the strike would continue because the employer refused to sign a return-to-work protocol.

Despite initial optimism, the LCBO has stated that OPSEU introduced significant new monetary demands after the tentative deal was reached, which they argue should have been addressed during negotiations. The LCBO plans to file an unfair labour practice complaint against OPSEU.

The strike, which began on July 5, has been largely driven by concerns over Premier Doug Ford’s plan to allow convenience and grocery stores to sell ready-to-drink cocktails, a move that OPSEU claims threatens their jobs. The LCBO, however, maintains that this issue is not relevant to the bargaining table.

Negotiations had resumed earlier this week, with the LCBO offering wage increases, improved benefits for part-time workers, and the conversion of casual workers to permanent full-time positions. However, the failure to finalize the return-to-work protocol has left the strike ongoing, with no clear resolution in sight.


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