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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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"Fragile Ceasefire Shaken: Israeli Airstrike Claims Nine Lives in Gaza

In a tragic escalation of violence, an Israeli airstrike in the northern Gaza town of Beit Lahiya has claimed the lives of at least nine Palestinians, including two local journalists. The strike, which targeted a vehicle, left several others critically injured, according to Gaza's health ministry.

The incident underscores the fragility of the ceasefire agreement established earlier this year. Palestinian health officials report that dozens have been killed despite the truce, raising concerns about its sustainability. The airstrike coincided with ongoing ceasefire negotiations in Cairo, where Hamas leaders are seeking a resolution to the conflict.

The Israeli military has yet to comment on the incident, while Hamas has accused Israel of undermining the ceasefire. This latest development adds to the mounting tension in the region, with both sides facing international pressure to find a lasting solution.

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