The World This Hour - The World This Hour for 2025/01/21 at 03:00 EST

Episode Date: January 21, 2025

The World This Hour for 2025/01/21 at 03:00 EST

Well, it's safe to say 2025 is off to an interesting start. I'll say. And if you're trying to sort through what's real and what's relevant from a Canadian perspective, we're here for you. Your World Tonight is more than just a recap of daily news. Our team goes deeper on the stories that speak to the moment to give you the full picture. I'm Susan Bonner. I'm Tom Harrington. And I'm Stephanie Scanderas.

Together we bring you the day's news, context and analysis, all in about 25 minutes. Your World Tonight from CBC News. Find and follow us wherever you get your podcasts. From CBC News, the world this hour. I'm Neil Herland. There's a major new development in Washington that could devastate the Canadian economy. US President Donald Trump confirmed last night that he's considering hefty tariffs on Canada. Trump made the comment to

reporters while signing a series of new executive orders from the White House. We're thinking in terms of 25% on Mexico and Canada because they're allowing vast numbers of people, Canada's a very bad abuser also, vast numbers of people to come in and fentanyl to come in. When do you think you would enact the... I think February 1st. 25% on both, sir? On each.

Earlier Monday, many Canadians sighed with relief because Trump did not specifically mention tariffs against Canada during his inauguration address. While reaction from Canada came fast, the Trudeau cabinet was meeting in Quebec trying to plot strategy in case US President Trump hit Canada with harsh tariffs. Now those fears are one step closer to reality. Dominic LeBlanc is Canada's finance minister. He spoke at an emergency news conference last night. None of this should be surprising. The one thing we've learned is that President Trump at moments can be unpredictable. We have spent the last number of weeks preparing potential

response scenarios for the government of Canada in partnership with provinces and Canadian business leaders and union leaders. So our country is absolutely ready to respond. In the meantime Canadian officials are trying to avert those tariffs by trying to convince American leaders that the proposed tariffs would hurt both countries. Donald Trump signed a slew of executive orders on his first day in office covering everything from border security to oil production as Ellen Morrow reports an avalanche of news reminiscent of Trump's

first term in office. Prime Minister Trudeau, like all Governor Trudeau. President Donald Trump needling Prime Minister Justin Trudeau as he signed a stack of executive orders in the Oval Office. Trump did not impose those 25% tariffs he had threatened for day one. But he said that doesn't mean they aren't coming. Trump did make good on a slew of other campaign promises. Trump declaring a national emergency at the US southern border to crack down on illegal immigration,

a national energy emergency to amp up US energy production, along with rolling back diversity, equity, and inclusion programs across the federal government, and giving a reprieve to TikTok, the popular app owned by a Chinese company that Trump wanted to ban in his first term. Trump also granted sweeping pardons to nearly all of the 1,600 rioters charged with storming the Capitol building on January 6. Ellen Moro, CBC News, Washington. It's been a rollercoaster of emotion for Alberta business and industry leaders. They were feeling relief after tariffs against Canada were not announced Monday afternoon. But late last night, their feelings changed. Kyle

Backs has reaction. Canada's largest export is oil and natural gas. At this point, it's not clear what the new US administration is considering. Not sure how much thought has been given to this date and this deadline. Having said that, whether it's February 1st or March 1st, no tariff is good. In Washington for the inauguration, Calgary Chamber of Commerce President Deborah Yedlin says Trump's latest comments are a dose of reality. You know, anybody who had sort of this notion that it was gone was also living in a world of magical thinking.

There is a reprieve for now, as the February 1st deadline seems fluid. But Yedlin says the terror of threat remains very real. Kyle Backs, CBC News, Washington. We're following a deadly fire at a ski resort in Turkey. The flames broke out overnight, killing at least 10 people and sending 32 to hospital. The fire started in the hotel restaurant. Two of the victims died after jumping out of the building. And that is your World This Hour for CBC News. I'm Neal Herlind.