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CUSMA Not Renewed: What the Trade Deal Impasse Means for Your Wallet

  July 2, 2026 | Trade & Economy The mandatory six-year review of Canada's most important trade agreement came and went this week — and it did not go the way Ottawa hoped. On July 1, U.S. Trade Representative Jamieson Greer confirmed that the United States will not renew the Canada-United States-Mexico Agreement (CUSMA) in its current form, sending the deal into a more uncertain, year-by-year footing right as Canadians are already navigating tariffs, a soft labour market, and a technical recession. Here is what actually happened, why it matters, and what it could mean for your budget in the months ahead. The short version CUSMA isn't dead. It remains legally in force until 2036. But instead of locking in a fresh 16-year term, the deal now shifts into annual reviews, with existing tariffs on steel, aluminum, autos and softwood lumber unresolved for now. What happened on July 1 CUSMA was built with a mandatory joint review every six years. If Canada, the U.S. and Mexico had a...
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Frosty Forecast: Shubenacadie Sam Signals Six More Weeks of Winter

 

In a heartwarming winter tradition, Nova Scotia’s beloved groundhog, Shubenacadie Sam, emerged from her burrow on February 2, 2025, at the Shubenacadie Wildlife Park to deliver her annual prediction. The excited crowd—made up of families bundled in their warmest coats—and thousands tuning in online watched as Sam peeked out into the crisp, frosty morning.

According to age-old folklore, if a groundhog sees her shadow, it means an extended winter is on the horizon. This year, Sam’s brief appearance confirmed that chilly forecast, as she was seen with her shadow, signaling six more weeks of wintry weather ahead. A park spokesperson noted that Sam’s prediction, made at 8 a.m. AST, sets the stage as Nova Scotians prepare for more time to enjoy their snow-covered landscapes before the arrival of spring.

Adding to the day’s festivities, the event coincided with World Wetlands Day—an occasion that highlights the importance of local biodiversity and conservation efforts. The wildlife park offered interactive displays and educational activities, underscoring the region’s commitment to preserving its natural heritage while celebrating this enduring cultural ritual.

Whether or not one believes in the weather-predicting powers of a groundhog, Shubenacadie Sam’s annual forecast remains a cherished part of Nova Scotia’s winter traditions, inviting the community to embrace the season’s beauty and prepare for the extra weeks of winter weather ahead.


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