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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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Nationwide Anti-Immigration Rallies Draw Thousands, Prompt Strong Government Rebuke

 

Demonstrators hold Australian flags during the 'March for Australia' anti-immigration rally, in Sydney, Australia, August 31, 2025.


Tens of thousands of protesters took to the streets across Australia on Sunday as part of the “March for Australia” rallies, calling for an end to what organisers describe as “mass migration.” Demonstrations were held in major cities including Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra, with participants waving Australian flags and chanting nationalist slogans.

The rallies, which coincided with counter-protests by anti-racism groups, sparked heightened security measures. In Melbourne, the CBD was declared a designated area, giving police powers to search for weapons and order the removal of face coverings. In Sydney, up to 1,000 officers were deployed to prevent clashes.

Government leaders condemned the events, linking them to extremist elements and warning they risked spreading division and hate. Home Affairs Minister Tony Burke stated there was “no place in our country for people who seek to divide and undermine our social cohesion,” while Multicultural Affairs Minister Anne Aly reaffirmed that multiculturalism remains a valued part of Australia’s national identity.

Some migrant communities expressed concern over being targeted, with Indian community leaders advising members to stay indoors for safety. Despite organisers distancing themselves from known far-right figures, authorities remain on alert for extremist involvement.


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