Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Global IT Outage Grounds Porter Flights in Toronto

 

Porter Airlines has been forced to cancel all flights until at least noon today due to a global IT outage affecting multiple industries. The disruption, which began early this morning, has caused significant delays and cancellations for passengers traveling through Toronto.

The issue stems from a malfunction in the Falcon Sensor software by cybersecurity firm Crowdstrike, which has led to widespread crashes of Microsoft Windows systems. As a result, Porter Airlines’ operations have been severely impacted, with passengers unable to rebook flights until the systems are back online.

Toronto’s Pearson Airport has reported varying impacts across different airlines, with some American carriers also experiencing disruptions. Despite the challenges, essential services such as the city’s 911 and paramedic systems, as well as the TTC’s signal and safety systems, continue to operate normally.

Porter Airlines has advised passengers to expect further delays and cancellations as they work to resolve the issue and rebook affected flights over the coming days. The airline is urging travelers to stay updated through their official channels for the latest information.



Labels:

Comments

Post a Comment