Money Savings for Canadians

  Your quick morning rundown on the money news that matters to Canadians. 1. The U.S. won't renew CUSMA "in its current form" Washington confirmed on July 1 that it will not agree to extend the Canada-U.S.-Mexico Agreement (CUSMA) as written, after the three countries held their first mandatory joint review of the deal. U.S. Trade Representative Jamieson Greer said the agreement "is not renewed" for now, though it stays in force until 2036 and will instead move to a rolling annual review process. Canada's Dominic LeBlanc says Ottawa still wants CUSMA renewed and extended, with talks continuing on outstanding sectoral tariffs affecting steel, aluminum, autos, and lumber. For now, day-to-day trade rules haven't changed, but the uncertainty is expected to weigh on business investment and could resurface as a headwind for the loonie in the months ahead. 2. First Canada Groceries and Essentials Benefit payment lands tomorrow If you're eligible, keep an ey...