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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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TikTok Restores Service in the U.S. Amidst Legal Uncertainty

 


TikTok has begun restoring its services in the United States after a brief shutdown, following assurances from President-elect Donald Trump. The popular video-sharing app was temporarily inaccessible to U.S. users over the weekend due to a court-ordered ban. However, Trump's recent executive order has provided temporary relief, allowing TikTok to come back online.

While the app is now accessible to U.S. users, it remains unavailable for download from Apple's and Google's app stores. The U.S. Supreme Court had upheld a federal law requiring TikTok's Chinese parent company, ByteDance, to sell the app to a non-Chinese buyer by Sunday. Trump's order extends the deadline, giving ByteDance more time to find an approved buyer.

Canadian TikTok users, unaffected by the U.S. ban, continue to enjoy uninterrupted access to the app. TikTok has also filed a legal challenge against Canada's dissolution order, which stopped short of banning the app but ordered the dissolution of its Canadian business.

The future of TikTok in the U.S. remains uncertain as discussions continue over national security concerns and potential ownership changes. Trump has expressed interest in a joint venture where a U.S.-based company would control a significant share of TikTok.



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