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CUSMA Wasn’t Renewed: The 10-Year Clock Now Running on Your Job, Prices and Savings

  Canadian Money Brief | Feature CUSMA Wasn't Renewed: The 10-Year Clock Now Running on Your Job, Prices and Savings By MoneySavings.ca | Published November 2, 2026 Quick quiz: is Canada's free trade deal with the United States still in place? The honest answer is yes and no. The agreement known here as CUSMA is still in force, but since July 1 it has been on a different footing, and the way it plays out over the next decade matters to your paycheque, your grocery bill and your savings. Most of us missed the moment because nothing visibly changed that day. That is exactly why it deserves a closer look, especially with the federal budget arriving Thursday. The short version: CUSMA did not end. It moved from a long-term deal to a deal that gets reviewed every year until 2036. Roughly 90% of what Canada sells to the U.S. has been crossing the border tariff-free because of it, so each annual review is a chance for that protection to be tested. For households, this is a slow-burn r...

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Hospitals Overwhelmed as New Virus Spreads in China

Hospitals across northern China are facing unprecedented pressure as a surge in cases of Human Metapneumovirus (HMPV) overwhelms healthcare systems. The virus, which causes flu-like symptoms, has led to overcrowded emergency rooms and intensive care units, reminiscent of the early days of the COVID-19 pandemic.

HMPV, a respiratory virus discovered in 2001, typically causes mild symptoms such as cough, fever, and congestion. However, this winter has seen a significant spike in infections, particularly among children and the elderly. Health authorities are implementing emergency measures to manage the outbreak, but the sheer volume of cases is straining resources.

The Chinese Center for Disease Control and Prevention (CDC) has reported that while the virus is not new, the current outbreak is more severe than usual. Officials are urging the public to take precautions such as frequent handwashing, wearing masks, and avoiding close contact with sick individuals.

Despite the challenges, experts remain optimistic that the situation can be managed with coordinated efforts and public cooperation. The global community is closely monitoring the situation, hoping to prevent a repeat of the widespread impact seen during the COVID-19 pandemic.

As the world watches, the resilience of China's healthcare system and the effectiveness of its response will be put to the test once again.



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