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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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Your daily horoscope: January 16, 2025

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Although a sun-Mars link on your birthday means there will be confrontations this year you are well equipped to handle them. In fact, the bigger the challenges the more you will enjoy life as they allow you to show just how tough you can be.

ARIES (March 21 - April 20):

The best things in life are free and if someone tries to charge you for something you know you can get elsewhere for nothing then turn your back and walk away. You may be many things but one thing you will never be is stupid!

TAURUS (April 21 - May 21):

There seems to be a lot of tension in your dealings with other people at the moment and today’s sun-Mars link could bring it to a head. Make sure everyone knows how you feel and make sure you take their feelings into account as well.

GEMINI (May 22 - June 21):

If something unexpected knocks you out of your stride today then adapt as quickly as you can and continue toward your long-term goal. You cannot always go from A to B on your way to Z, so be flexible and, if necessary, take the long way round.

CANCER (June 22 - July 23):

There really is nothing you cannot handle at the moment thanks to Mars in your sign, but you will ruffle a few feathers along the way. If you get in an argument with a colleague today make it clear to them that you will not be backing down.

LEO (July 24 - Aug. 23):

Today’s sun-Mars link will divide opinions on the work front and you will be required to support one faction or the other. There is no point trying to play peacemaker because this is one of those occasions when there can be only one winning side.

VIRGO (Aug. 24 - Sept. 23):

Put your own needs first today and don’t worry that it might make you look selfish. The message of the stars is that you need to look out for No. 1, because if you don’t protect your own interests then nobody else will assist you.

LIBRA (Sept. 24 - Oct. 23):

You will have to give your opinion on a matter you would prefer not get involved with over the next 24 hours. Let others know which side you think has got it right. Someone’s feelings will inevitably get hurt but that’s just the way it is.

SCORPIO (Oct. 24 - Nov. 22):

This is a time of great activity and what occurs over the next few days will require all your physical energy and all your mental ability. You know what you want and you know where to get it – now all you have to do is apply yourself.

SAGITTARIUS (Nov. 23 - Dec. 21):

If you make an effort to help someone in need today you will not only make them feel better but you will improve your own situation too. Everything in life is linked and what you do for others you do for yourself as well.


CAPRICORN (Dec. 22 - Jan. 20):

Stop dreaming about what you want to do in life and just get on with it. That is the message of the stars and your first step must be to stop blaming others for your lack of progress. Ultimately it all comes down to your own efforts.

AQUARIUS (Jan. 21 - Feb. 19):

By all means use other people’s achievements to inspire you but don’t measure yourself against their successes because your aims and their aims are of a radically different nature. You have your own destiny to follow – do so with a happy heart.

PISCES (Feb. 20 - Mar. 20):

Anyone who thinks you will roll over and play dead at the first sign of trouble obviously does not know you too well. Beneath that nice guy Pisces exterior rests a core of steel and other people’s efforts to hurt you will bounce back at them.

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