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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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Postal Workers Union Files Unfair Labour Practice Complaint Over Canada Post Layoffs

 

The Canadian Union of Postal Workers (CUPW) has filed an unfair labour practice complaint with the Canada Industrial Relations Board over the recent layoffs of striking employees by Canada Post. The union claims that the layoffs, which have occurred as the strike by over 55,000 workers approaches the two-week mark, are an "intimidation tactic" that violates the Canada Labour Code.

Canada Post has stated that the layoffs are temporary and necessary due to the significant impact of the strike on its operations. However, the union argues that this move is an attempt to undermine the strike and pressure workers into returning to work.

CUPW National Grievance Officer Carl Girouard stated, "These layoffs are a clear violation of the labour code and an attempt to intimidate our members. We are confident that the Canada Industrial Relations Board will see through this tactic and rule in our favour."

Canada Post spokeswoman Lisa Liu responded, "We have received the complaint and are reviewing it. We deny any violation of the labour code and maintain that the layoffs are temporary and necessary."

The strike, which began over wages and working conditions, has now reached a critical point with both sides urging for a resolution. The federal government has also stepped in, urging both parties to return to the negotiating table with a greater sense of urgency.

The outcome of this complaint could have significant implications for the ongoing labour dispute and the future of Canada Post's operations.




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