U.S. President Donald Trump has called off trade talks with Canada after he took exception to a Ford government TV ad that aired on U.S. networks last week. This is, naturally, casting doubt on the prospect of a tariff deal between the two North American neighbours. We break down the rhetoric, and then gather reaction from Ontario Premier Doug Ford.

On today's show:

• Vassy's interview with Derek Burney, a former Canadian Ambassador to the United States.
• Catherine Cobden, the President and CEO of the Canadian Steel Producers Association, joins the program to discuss today's economic uncertainty after the Trump administration raised Canadian-targeted tariffs by another 10 percent.
• Money Talk with John Klotz: How much do you need to retire in Canada these days?
• The Daily Debrief Panel - featuring Tom Mulcair, Zain Velji, and Tim Powers.
• Brian Kingston, the President and CEO of the Canadian Vehicle Manufacturers Association, on the grim outlook that is facing Canada's Auto sector.
• Federal Jobs Minister Patty Hajdu weighs in on the breakdown of Canada-USA trade talks.