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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 Faces Pressure to Provide Safe Haven for America's Trans Community Following Trump's Gender Order

 

In the wake of President Donald Trump's recent executive order, which mandates the recognition of only two sexes—male and female—there is growing pressure on the Canadian government to offer refuge to America's transgender community. The order, signed on Trump's first day back in office, has sparked widespread concern and backlash, particularly among LGBTQ+ advocates.

The executive order, titled "Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government," effectively rolls back protections for transgender individuals by requiring government documents to recognize only male and female as sexes. This move has left many transgender Americans feeling vulnerable and uncertain about their future.

In response, prominent trans activists in Canada are calling on the federal government to update travel safety guidelines for trans Canadians traveling to the U.S. and to consider offering asylum to those affected by the new policy. Fae Johnstone, executive director of the Society of Queer Momentum, has voiced concerns about the potential dangers trans individuals may face when crossing the border with passports that do not conform to the new U.S. regulations.

Canada has long been seen as a safe haven for LGBTQ+ individuals, offering comprehensive protections for gender identity and expression. However, recent events have highlighted the need for continued vigilance and support for the trans community, both domestically and internationally.

As the situation unfolds, it remains to be seen how the Canadian government will respond to the growing calls for action. For now, trans activists and allies continue to advocate for the rights and safety of transgender individuals on both sides of the border.


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