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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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Conservative Gains Shake Liberal Stronghold in Ontario

The political landscape in Ontario witnessed a dramatic shift as the Conservatives made significant inroads in the Greater Toronto Area (GTA), traditionally a Liberal bastion. While the Liberals maintained their dominance in urban centers like downtown Toronto, the Conservatives surged in suburban ridings, flipping key seats in regions such as York and Peel. 

This shift highlights a growing competitiveness in the GTA, with the Conservatives capitalizing on voter concerns over economic policies and local issues. Despite these gains, the Liberals managed to hold onto enough seats in the GTA to remain a formidable force, underscoring the region's pivotal role in shaping federal election outcomes.

The results signal a more fragmented political map in Ontario, setting the stage for intense battles in future elections.

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