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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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Luxon Slams Netanyahu Over Gaza Offensive, Signals Possible Shift in NZ Policy

 

                                            Israeli Prime Minister Benjamin Netanyahu

New Zealand Prime Minister Christopher Luxon has delivered one of his strongest rebukes yet of Israeli Prime Minister Benjamin Netanyahu, describing recent military actions in Gaza as “utterly, utterly unacceptable” and declaring that Netanyahu has “lost the plot”.

Speaking to reporters, Luxon condemned Israel’s planned takeover of Gaza City and the continued restriction of humanitarian aid, warning that the forcible displacement of civilians and any annexation of Gaza would breach international law. He stressed that Israel’s leadership was ignoring repeated calls from the global community for unfettered humanitarian access.

The comments come as Wellington weighs whether to join allies such as Australia, Canada, France, and the UK in formally recognizing a Palestinian state at the upcoming UN General Assembly in September. Luxon noted that while New Zealand’s trade ties with Israel are minimal, the country has a responsibility to speak out on matters of principle.

International criticism of Israel’s Gaza campaign has intensified, with aid agencies warning of famine and mass displacement. Luxon’s remarks place New Zealand among a growing number of Western leaders openly challenging Netanyahu’s approach to the conflict.

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