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The CUSMA Countdown: 24 Days to a Trade Deadline That Could Hit Your Wallet

Canada's free trade deal with the U.S. hits a mandatory review milestone on July 1. With negotiations unresolved and Washington demanding changes, here's what it actually means for your groceries, your car, and your job. MoneySavings.ca Staff Canadian Money Brief June 7, 2026 5 min read What Is CUSMA and Why Does July 1 Matter? CUSMA — the Canada-United States-Mexico Agreement — is the trade deal that keeps the North American economy humming. It replaced NAFTA in 2020 and governs the movement of trillions of dollars in goods and services across the Canada-U.S. border every year. For Canadian consumers, it's largely invisible — until it isn't. Built into the agreement is a mandatory six-year joint review, and that clock expires on July 1, 2026 . By that date, all three countries must declare whether they want to renew the deal for another 16 years, trigger annual reviews, or walk away. Whatever they decide, CUSMA technically stays in force until 2036 — but the path chose...
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Hamas Official Expresses Willingness to Disarm for Independent Palestinian State

 

In a significant development, a top Hamas political official has stated that the Islamic militant group would be willing to agree to a truce of five years or more with Israel if an independent Palestinian state is established along pre-1967 borders. Khalil al-Hayya, who has represented Hamas in negotiations for a cease-fire and hostage exchange, made this statement during an interview with the Associated Press in Istanbul. Here are the key points:

  1. Truce and Disarmament: Hamas is open to a truce with Israel lasting five years or more. If an independent Palestinian state is established, the group would lay down its weapons and transform into a political party.

  2. Stalemate in Cease-Fire Talks: The comments by al-Hayya come amid a stalemate in months of cease-fire talks. While the suggestion that Hamas would disarm is significant, it remains unlikely that Israel would consider such a scenario. Israel has vowed to crush Hamas following the deadly attacks that triggered the war, and its current leadership opposes the creation of a Palestinian state on lands captured in the 1967 Mideast war.

  3. Joining the Palestine Liberation Organization (PLO): Al-Hayya expressed Hamas’ desire to join the Palestine Liberation Organization (PLO), which is headed by the rival Fatah faction. The goal is to form a unified government for Gaza and the West Bank. He emphasized that if a fully sovereign Palestinian state is realized, Hamas’ military wing would dissolve.

  4. Historical Precedent: Al-Hayya drew parallels with other independence movements, noting that forces that fought against occupiers often transformed into political parties and national armies once they achieved independence and obtained their rights.

While this statement represents a potential shift in Hamas’ stance, the road to lasting peace remains complex. The Israeli-Palestinian conflict continues to be a deeply entrenched issue with multiple historical, political, and security dimensions.

In summary, Hamas’ willingness to disarm hinges on the establishment of an independent Palestinian state, but challenges persist in reaching a comprehensive resolution. The international community closely watches these developments, hoping for progress toward peace in the region.




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