Nearly one-in-five small businesses that are dealing with extra tariff costs report that they will not be able to last more than 6 months if the tariff status quo remains. That's according to the Canadian Federation of Independent Business. To pour even more salt on those wounds, nearly 4-in-10 small businesses said they would last less than 12 months. We dig deeper with Lauren Sevack, the Chief Administrative Officer for Tripar Incorporated. Then, we turn things over to Corinne Pohlmann, the CFIB's Executive Vice-President of Advocacy.

On today's show:

• CTV's Judy Trinh joins us live from Washington, as Foreign Affairs Minister Anita Anand meets with U.S. counterpart Marco Rubio.
• Ottawa author Mary Taggart joins the party to update your late-Summer reading list!
• The Daily Debrief Panel - featuring Rob Benzie, Laura Stone, and Graham Richardson.
• Roger Hilton from GLOBESEC outlines the importance of Ukrainian Independence Day, as Ukrainians continue to defend their land.