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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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Poilievre's Leadership Tested After Electoral Defeat

 

Conservative Leader Pierre Poilievre faces a challenging political crossroads following his loss in the Carleton riding—a seat he held for over two decades—and his inability to unseat the Liberal government led by Prime Minister Mark Carney. Despite boosting the Conservative vote share to historic levels, Poilievre's defeat in his own riding has raised questions about his leadership and the party's future.

The Liberals secured a razor-thin minority government, leaving Poilievre to navigate the complexities of leading the opposition without a seat in Parliament. While he remains popular among Conservative members, his loss has sparked internal debates about the party's strategy and his ability to deliver on promises of change.

Poilievre's campaign saw breakthroughs in suburban areas and industrial regions, yet fell short in key battlegrounds. His defeat in Carleton, a riding home to many federal public servants, underscores the challenges of balancing populist rhetoric with broader electoral appeal.

As Poilievre vows to stay on as leader, the Conservatives must grapple with the implications of this election and chart a path forward in a politically divided landscape.

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