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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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Vietnam Floods Claim 41 Lives as Torrential Rains Persist

 

                                    People walk past debris following floods in central Vietnam, in Hoi An

Central Vietnam is reeling from devastating floods and landslides that have claimed at least 41 lives since the weekend, with authorities warning that more heavy rain is expected in the coming days. Torrential downpours have dumped over 1,500 mm of rainfall in just three days, inundating towns, villages, and farmland across the region.

The floods have left nine people missing and submerged more than 52,000 homes and 15,000 hectares of crops, severely impacting communities that rely on agriculture, particularly coffee production. Infrastructure has also suffered: a suspension bridge over the Da Nhim River was swept away, while over half a million households and businesses remain without power due to damaged grids.

Rescue operations are ongoing, with naval forces and emergency teams deployed to evacuate stranded residents. In some areas, families have been forced to take refuge on rooftops as water levels continue to rise. Authorities have urged vigilance, warning that saturated soil increases the risk of further landslides and flash floods.

The disaster highlights the vulnerability of central Vietnam, a region known both for its coffee belt and popular beaches, but also for its susceptibility to extreme weather events. With forecasts predicting continued rainfall, the priority remains saving lives, restoring power, and providing relief to thousands 

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