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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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Tragedy at Vancouver Festival: Mental Health Concerns Surround Accused Driver


In a devastating incident at Vancouver's Lapu-Lapu Day festival, a vehicle attack claimed the lives of 11 people and left dozens injured. The accused, a 30-year-old Vancouver resident named Kai-Ji Adam Lo, has been charged with eight counts of second-degree murder, with additional charges expected as investigations continue.

Authorities revealed that the suspect had a history of interactions with police and mental health professionals. While the motive remains unclear, officials have stated that the attack was not an act of terrorism.

The festival, a celebration of Filipino heritage, turned into a scene of horror as a black SUV plowed into the crowd. Victims ranged in age from 5 to 65, with many still hospitalized in critical condition.

This tragedy has sparked discussions about mental health support and public safety measures. Vancouver's interim police chief described the day as one of the darkest in the city's history, emphasizing the need to address the root causes of such incidents.

The community has come together to mourn the victims, with memorials and support services being organized for those affected.

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