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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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Canada Post Workers Issue 72-Hour Strike Notice

 

The Canadian Union of Postal Workers (CUPW) has issued a 72-hour strike notice to Canada Post, putting the postal service on alert for potential disruptions starting Friday, November 15th. This notice affects both urban and rural mail carriers, as negotiations for a new contract have yet to yield an agreement.

The union’s decision comes after nearly a year of bargaining, with key issues such as wage increases, pensions, and medical leave remaining unresolved. Despite Canada Post’s offer of an 11.5% wage increase over four years, the union has rejected the proposal, citing insufficient progress on other critical matters.

CUPW President Jan Simpson emphasized that while the union is prepared to strike, the decision will depend on Canada Post’s actions in the coming days. The potential strike could significantly impact mail and parcel delivery, especially during the busy holiday season.

Canada Post has expressed concerns about the financial implications of a strike, noting that ongoing labor disputes could further strain its already challenging financial situation. The company reported significant losses in recent years, attributed to increased competition and higher delivery costs.

As the deadline approaches, both parties remain hopeful for a resolution that will prevent a disruption in services and ensure fair working conditions for postal workers across Canada.


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