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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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Beirut Under Siege: Israel’s Expanded Campaign Hits Hard

 

The Lebanese capital, Beirut, has been rocked by heavy airstrikes as Israel expands its military campaign in Lebanon. The strikes have primarily targeted the southern suburbs of Beirut, an area known to be a stronghold of Hezbollah.

Since Friday, Israeli forces have intensified their bombardment, making it difficult for rescue workers to access affected areas. The strikes have caused significant damage and heightened tensions in the region. Lebanese security sources report that the ongoing attacks have hampered efforts to search for survivors and provide aid to those affected.

The Israeli Defense Forces (IDF) have stated that their operations are aimed at neutralizing Hezbollah targets, which they claim are embedded within civilian areas. This escalation follows a series of cross-border incidents and rising hostilities between Israel and Hezbollah.

The international community has expressed concern over the increasing violence and its potential to destabilize the region further. Calls for a ceasefire and diplomatic resolution have been growing louder as the situation continues to unfold.


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