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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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U.S. Launches Major Retaliatory Strikes on ISIS in Syria

A KC-135 Stratotanker aircraft takes off from a base in the U.S. Central Command area of responsibility, in support of Operation Hawkeye Strike as the U.S. military launched large-scale strikes against dozens of Islamic State targets in Syria.

The United States has carried out a sweeping series of air and artillery strikes across central Syria, targeting dozens of ISIS positions in one of the largest counterterrorism operations in recent years. The action was launched in response to a deadly ISIS‑linked attack on American personnel earlier this month.

Defense officials said the coordinated assault struck more than 70 targets, including militant fighters, weapons depots, and logistical sites. The operation involved fighter jets, attack helicopters, and precision-guided munitions, with support from regional partners.

U.S. leaders described the mission as a decisive response aimed at degrading ISIS’s ability to conduct further attacks. While the group no longer controls territory, it continues to operate through ambushes and small‑scale assaults across parts of Syria.

Officials have not yet released casualty estimates, but early assessments indicate that the strikes significantly disrupted ISIS activity in the region.

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