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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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Media Revelation Spurs Probe: Premier Smith Addresses Health Contract Allegations

 

Alberta Premier Danielle Smith stated during a recent press briefing that she first learned of the allegations concerning irregularities in health service contracts through media reports  The claims allege that political interference influenced the approval process for private healthcare contracts at Alberta Health Services (AHS), as detailed in a letter from the former AHS CEO .

During the briefing, Premier Smith maintained her confidence in the health minister and denied any involvement in the alleged wrongdoing. She announced that her office has promptly coordinated with the province’s auditor general to secure all relevant documents and ensure a swift, transparent investigation.

Opposition leaders have demanded a comprehensive judicial inquiry into the contracting practices, calling for greater transparency and accountability. As the probe unfolds, Premier Smith remains committed to resolving any issues that may arise and to improving Alberta’s health services.



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