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CUSMA Review 2026: What Happens on July 1 — and What It Means for Your Wallet

The trade deal that governs nearly $1.3 trillion in Canada-U.S. commerce is up for review in less than a week. Here's what's at stake for Canadian families — and how to protect your budget whatever happens next. By MoneySavings.ca Staff  |   June 25, 2026 Canada Day is almost here — and this year, July 1 carries a lot more weight than fireworks and barbecues. On that same date, Canada, the United States, and Mexico are required to sit down for the first mandatory review of the Canada–United States–Mexico Agreement , known in Canada as CUSMA (and in the U.S. as the USMCA). The outcome of these talks will help shape the price of your groceries, your next car payment, Canadian jobs, and the overall cost of living for years to come. If you've heard the buzz but aren't sure what it all means for your household budget, you're in the right place. Here's your plain-language breakdown. What Is CUSMA — and Why Should You Care? CUSMA replaced the old NAFTA deal in 2020 an...
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Vatican Prepares for Historic Conclave with Chimney Installation

 

 As the world awaits the election of a new pope, Vatican workers have installed the iconic chimney atop the Sistine Chapel, a crucial step in the preparations for the upcoming conclave. This chimney will serve as the conduit for the traditional smoke signals that inform the world of the voting progress.

The conclave, set to begin on May 7, will see 133 cardinal electors gather in secrecy to cast their votes for the next leader of the Catholic Church. The ballots will be burned in a special stove, producing either black smoke to indicate no decision or white smoke to announce the election of a new pope. Thousands are expected to gather in St. Peter’s Square, eagerly watching the chimney for the historic signal.

This centuries-old tradition remains one of the most anticipated moments in Vatican history, symbolizing the transition of leadership within the Church. As the cardinals prepare for their solemn duty, the world watches with anticipation, awaiting the moment when white smoke rises, signaling the arrival of a new pontiff.

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