Some Indigenous leaders emerged from a summit with Prime Minister Mark Carney voicing further frustration about a government law that aims to fast track major projects, with Kehewin Cree Nation Chief Vernon Watchmaker saying the legislation 'is not modernization, it is colonization in 2025.' Indigenous Services Minister Mandy Gull-Masty joins Power & Politics to discuss their concerns. Plus, Assembly of First Nations National Chief Cindy Woodhouse Nepinak says Ottawa has a 'trust-deficit' from First Nations.

As the Canadian steel industry reels from U.S. tariffs, Prime Minister Mark Carney announced his own near-worldwide tariffs to defend it, promising that all countries but the U.S. and Mexico will face 50 per cent steel tariffs on imports beyond set quotas — and another 25 per cent if any of it was made in China. Industry Minister Mélanie Joly tells Power & Politics that her government 'needed to act' to protect Canada's steel production capacity, and that she's aware of concerns over price increases. Plus, Canadian Steel Producers Association president Catherine Cobden says the measures are 'not complete relief, but some relief' from the 'devastating situation' U.S. tariffs have created.

When asked about the possibility of a deal with the U.S. that removes all tariffs, Prime Minister Mark Carney said there isn't much evidence of the U.S. making agreements without them. A member of the Prime Minister's Council on Canada-U.S. Relations, former Nova Scotia Premier Stephen McNeil, says that the question may be 'how big' and broad the tariffs on Canadian goods will be, and that Carney will negotiate a deal 'Canadians can live with.' Plus, Canadian Chamber of Commerce executive vice-president Matthew Holmes discusses what the prospect of continued tariffs means for Canadian businesses.

U.S. President Donald Trump is threatening Russia with 100 per cent tariffs if it doesn't strike a deal to end the war in Ukraine in 50 days, and says he's concluded Russian President Vladimir Putin's talk about peace on their 'nice' phone calls 'doesn't mean anything.' Eurasia Group president Ian Bremmer argues Trump has shifted 'close to 180 degrees' on the war after being 'embarrassed' by Putin. Plus, Bonnie Critchley, an Independent candidate in the riding of Battle River-Crowfoot, argues constituents are being 'used' so that Conservative Party Leader Pierre Poilievre can return to the House of Commons.

Chief U.S. negotiator for the original NAFTA agreement, Carla A. Hills, says the president's threat of 35 per cent tariffs on Canadian goods on Aug. 1 is 'like shooting your sibling in the heart.' Prime Minister's Council on Canada-U.S. Relations member Arlene Dickinson argues the threat isn't a surprise, and that there's likely to be some level of tariffs even if a deal is reached. Plus, our political insiders discuss whether it's time to panic, or if the U.S. president's repeated reversals and the White House's clarification that CUSMA-compliant goods will still be exempt takes the sting out of the threat.

The NDP will choose a new leader in March in a contest with a $100,000 entry fee, sources tell CBC News and Radio-Canada. The Power Panel breaks down the questions about the NDP's identity that need to be solved if it hopes to recover from a severely reduced caucus in the last election. Plus, Ontario Minister of Economic Development Vic Fedeli says the province is 'all in' on electric vehicle subsidies despite the U.S. reversal on nearly all tax incentives for buying EVs.

As columnists for the Toronto Sun and National Post report on rumblings of discontent with Pierre Poilievre's leadership among Conservative supporters at the Calgary Stampede, the Power Panel discusses whether support for Poilievre is fading following this year's federal election loss. Plus, former assistant parliamentary budget officer Sahir Khan looks at how deep the Liberal government's cuts to the public service could go.

The RCMP says active-duty members of the Canadian Armed Forces are among four people charged in an alleged plot to seize land near Quebec City and create an 'anti-government militia,' with three people charged with facilitating terrorist activity. Insight Threat Intelligence president Jessica Davis says the weapons seized amount to 'by far' the largest cache we've seen from an alleged extremist group in Canada, and puts the allegations in context with a changing landscape of ideologically motivated extremism in the country. Plus, Public Service Alliance of Canada national president Sharon DeSousa responds to the finance minister's call for cabinet to find 'ambitious savings' in government spending over the next four years, warning it will mean jobs cuts and diminished services.