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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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Trump's Day One Agenda: Sweeping Changes on the Horizon*

As Donald Trump prepares to be sworn in for his second term as President of the United States, he has laid out an ambitious agenda for his first day back in office. Trump has promised to issue a series of executive orders that will have far-reaching impacts on immigration, trade, and government structure.

One of the most significant changes Trump has pledged is the launch of the largest deportation program in American history, targeting undocumented immigrants. He has also vowed to end birthright citizenship, a move that would likely face significant legal challenges.

On the trade front, Trump plans to impose substantial tariffs on goods from Mexico, Canada, and China. He has proposed a 25% tariff on all Mexican and Canadian goods and a 60% tariff on Chinese goods. Additionally, Trump has mentioned the creation of an "External Revenue Service" to collect tariffs and other foreign fees.

Trump's agenda also includes issuing potentially thousands of pardons, including for those involved in the January 6th Capitol attack. He has indicated that these actions will begin shortly after his inauguration, setting the tone for a presidency marked by swift and decisive action.

As Trump returns to the Oval Office, his day-one promises signal a dramatic shift in policy and governance, reflecting his commitment to fulfilling his campaign pledges and solidifying his legacy.



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