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CUSMA Renewal Deadline Passes: What It Means for Your Wallet

  July 8, 2026 July 1 came and went without a full renewal of the Canada-United States-Mexico Agreement (CUSMA). Instead of locking in another 16-year term, the United States chose not to extend the deal in its current form, which means the trade pact now shifts into an annual review process for the next decade. Here's what that actually means for your money. What just happened All three countries had until July 1 to say whether they wanted to renew CUSMA. Because Washington opted against a full renewal, the agreement now gets reviewed annually rather than being locked in for over a decade. Canada's Trade Minister Dominic LeBlanc confirmed the three countries agreed to keep talking, with Canada specifically pushing to address sectoral tariffs on steel, aluminum, autos, and lumber. Any of the three countries can still walk away entirely with six months' notice. The good news: most trade stays tariff-free For now, the status quo holds. The bulk of Canadian exports to the U.S....

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Your daily horoscope: April 16, 2025

 


HOROSCOPES IF TODAY IS YOUR BIRTHDAY

You need to step out of the shadows and remind people who you are and what you are capable of. Having taken a back seat for so long you may now be a bit of an unknown quantity, which can be made to work in your favour.

ARIES (March 21 - April 20):

You may honestly believe that nothing is beyond you right now but don’t get carried away. As communications planet Mercury moves back into your sign today you could easily say too much, too loudly and come to regret it later on.

TAURUS (April 21 - May 21):

If friends and colleagues oppose you at every turn maybe you should take that as a sign they do not approve of what you are doing. So should you stop what you are doing? No, you should do it even more. You are right and they are wrong.

GEMINI (May 22 - June 21):

Your energy levels, both physical and mental, are on the rise and if you are smart you will use those energies to further your long-term ambitions. What can you say and do to win people in positions of power round to your way of thinking?

CANCER (June 22 - July 23):

You may have no choice but to bang a few heads together over the next 24 hours. Cosmic activity in the career area of your chart will make it easy for you to encourage colleagues to raise their game, for their benefit as well as your own.

LEO (July 24 - Aug. 23):

If you say something controversial for the fun of it today you may find later on that you have stirred up a hornet’s nest of disapproval. You know the old saying: if you can’t say something nice then say nothing at all.

VIRGO (Aug. 24 - Sept. 23):

The sun moves into the most dynamic area of your chart at the weekend and between now and then you must steer clear of controversy both in your private life and in your work. Why make a target of yourself when you don’t have to?

LIBRA (Sept. 24 - Oct. 23):

What happens next will be the culmination of all you have been working toward over the past few months. It may seem as if you have not made as much progress as you were hoping but you are wrong – you have come a very long way indeed.

SCORPIO (Oct. 24 - Nov. 22):

Why take risks that are potentially harmful not only to other people’s interests but to your own as well? You need to be aware that your rivals are waiting for you to say or do something they can take advantage of. Don’t make it easy for them.

SAGITTARIUS (Nov. 23 - Dec. 21):

As mind planet Mercury moves into the most powerful area of your chart today you may be of the opinion that you can get away with just about anything but deep down you know that isn’t true. Think logically and keep your wits about you.

CAPRICORN (Dec. 22 - Jan. 20):

You may be tempted to voice your opinions about what has been going on in your neighbourhood of late but the planets suggest that may not be a good idea. If others want to behave irresponsibly just let them. It’s their problem, not yours.

AQUARIUS (Jan. 21 - Feb. 19):

If you have time on your hands today you could do worse than use it to go somewhere different, if possible to some place that is far away from your usual haunts and hangouts. You need to get away from people who cramp your style.

PISCES (Feb. 20 - Mar. 20):

It is of the utmost importance that you know what you are letting yourself in for before committing yourself to a project that is going to take up a great deal of your time. It may look exciting now but what might the costs be later on?

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