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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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Ontario's Measles Crisis: A Community on High Alert

In the heart of Ontario, a measles outbreak has gripped the province, marking the largest surge since the disease was declared eliminated in Canada in 1998. With over 470 cases reported since October, the outbreak has spread across multiple regions, including Southwestern Ontario and Grand Erie, where the majority of cases are concentrated. 

The highly contagious nature of measles, coupled with low vaccination rates in certain areas, has fueled the rapid spread. Public health officials are urging residents to ensure their immunizations are up-to-date, as unvaccinated children account for most of the hospitalizations. 

Efforts to contain the outbreak include enhanced surveillance, public awareness campaigns, and the use of innovative tools like wastewater testing in cities like Ottawa. This method, though still in its early stages, offers a promising way to detect the virus and prevent further spread. 

As Ontario battles this public health challenge, the importance of vaccination and community vigilance has never been clearer. The fight against measles is a reminder of the collective responsibility to protect the most vulnerable among us.

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