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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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Liberal MPs Renew Efforts to Oust Trudeau Amid Growing Internal Dissent

 

In a fresh wave of internal dissent, a faction of Liberal Members of Parliament (MPs) has launched a renewed push to oust Prime Minister Justin Trudeau. This latest effort comes on the heels of recent byelection defeats in key ridings, which have intensified calls for a change in leadership.

At least 20 Liberal MPs have reportedly signed a document urging Trudeau to step down, reflecting growing frustration within the party. The MPs argue that a leadership change is essential to revitalize the party’s prospects ahead of the next federal election. However, some party members remain skeptical about the effectiveness of this revolt, questioning whether it will gain enough momentum to force Trudeau’s resignation.

This internal strife highlights the challenges Trudeau faces as he seeks to maintain his leadership amidst mounting pressure from both within and outside the party. As the situation unfolds, the coming weeks will be crucial in determining whether Trudeau can weather this storm or if the Liberal Party will see a significant shift in its leadership.


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