The World This Hour - The World This Hour for 2025/01/29 at 07:00 EST

Episode Date: January 29, 2025

The World This Hour for 2025/01/29 at 07:00 EST

When a body is discovered 10 miles out to sea, it sparks a mind-blowing police investigation. There's a man living in this address in the name of a deceased. He's one of the most wanted men in the world. This isn't really happening. Officers are finding large sums of money. It's a tale of murder, skullduggery and international intrigue. So who really is he? I'm Sam Mullins and this is Sea of Lies from CBC's Uncovered, available now.

From CBC News, it's the World This Hour. I'm Joe Cummings. With the Trump administration's February 1st tariff date fast approaching, Prime Minister Justin Trudeau is meeting again today with the premiers. It's expected the first ministers will be looking to finalize Canada's response plan, which along with retaliatory tariffs could also include a stimulus package aimed at supporting Canadian businesses that will be directly affected by any American trade action. It's the first full day meanwhile of campaigning for the candidates running in the Ontario election.

This is a snap election called more than a year ahead of the fixed date deadline, with BC leader Doug Ford insisting he needs a stronger majority mandate to help him deal with the challenges of the Trump administration. But as we hear now from Thomas Dagler, there may be other factors at play. Ontario progressive conservative leader Doug Ford is hitting the campaign trail after weeks spent pitching himself as a champion for Canada in the face of proposed U.S. tariffs. I can't stress enough how devastating these tariffs will be. But his opponents, like Liberal leader Bonnie Cromby, say by triggering this early vote, Ford is only looking out for himself. There is not one other

premier that is suggesting that this is the right time to go to an election. Observers suspect Ford is aiming to secure a third straight majority government before Pierre Poliev's conservatives potentially sweep to power in Ottawa. The Ontario PC leader is also facing pressure from controversies including a lakeside mega spa project, the hundreds of millions spent on rushing booze into corner stores, and the Greenbelt land development scandal under police investigation. Ontario's voting days scheduled for February 27th. Thomas Daigle, CBC News, Toronto.

The Bank of Canada's first interest rate setting of the new year is set for later this morning and after five straight rate cuts, most analysts are expecting to see another one. A 25 basis point adjustment would bring the central bank's influential rate down to 3 percent. The U.S. Federal Reserve is also updating its interest rate policy today, but it's expected to keep its rate unchanged. Now to northern India, where at least seven people are dead following a stampede at the Kumaila festival. It's emergency response officials clearing the crowds to get to the injured. The Kumaila festival is considered the largest religious festival in the world. Hundreds of millions of people

are expected to gather for the six-week-long event, and today is seen as the most auspicious day of the Hindu holiday. From every indication, it appears the ceasefire in Gaza is holding. Hostages and prisoners have been released, and thousands of Gazans are returning to what's left of their neighborhoods. But as we hear now from Sasha Petrasek, there's no guarantee this truce will continue. Talks are set to begin within the next few days. Mediators have tried to get them going a little bit sooner, but we haven't heard of any major discussions so far. This is the critical part because while the first phase was meant to

release these hostages that we've been seeing on a regular basis, the 33 hostages in exchange for hundreds of Palestinians, this has really just pressed pause on the war. The second phase would stop the war. Israeli Prime Minister Benjamin Netanyahu would be really challenging many of his coalition partners the hardline right wing parties who have said that they want the fighting to continue. They've been against the ceasefire from the start. Some of them have left the cabinet. More have threatened to leave if there is a second phase. So a lot of moving pieces here and there's no guarantee whatsoever that we will get to a second phase. So a lot of moving pieces here and there's no guarantee whatsoever that we will get to a

second phase. Sasha Petrosik, CBC News, Jerusalem. And that is the World This Hour. Remember, you can listen to us wherever you get your podcasts. The World This Hour is updated every hour, seven days a week. And for news anytime, go to our website, cbcnews.ca. For CBC News, I'm Joe Cummings.