The World This Hour - The World This Hour for 2025/02/02 at 08:00 EST

Episode Date: February 2, 2025

The World This Hour for 2025/02/02 at 08:00 EST...

Transcript
Discussion (0)
Starting point is 00:00:00 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.
Starting point is 00:00:32 From CBC News, the world this hour, I'm Gina Louise Phillips. It's day one of the trade war launched by the United States on Canada, a move that analysts say could push our country into a recession. But Prime Minister Justin Trudeau is pushing back against President Donald Trump's tariff program. He says retaliatory tariffs will be applied to billions of dollars of US goods coming into Canada. Rafi Boujikaneen has the details.
Starting point is 00:00:58 We didn't ask for this. Prime Minister Justin Trudeau addressing the country. We will not back down in standing up both for Canadians and for the incredible, successful relationship between Canada and the United States. That relationship on one of its rockiest patches yet. With the US making tariffs on all imported Canadian goods official, Trudeau is hitting back. Ottawa will slap its own 25% tariff on some $30 billion worth of American goods starting
Starting point is 00:01:29 Tuesday, then three weeks later another $125 billion worth. And Trudeau says he and other Canadian leaders are planning more. We are considering several non-tariff measures. Trudeau says he has not been able to reach Donald Trump since the president's inauguration. He's optimistic about engaging with him in the weeks to come, though Trudeau is set to leave his job after March 9th. Rafi Boudjikan, UNCBC News, Ottawa. Businesses on both sides of the border have been quick to react to the levies.
Starting point is 00:02:01 Anis Haidari has the story. The Canadian Chamber of Commerce has said governments need to focus on eliminating barriers and issues that stop provinces from trading with each other so that we can rely less on the U.S. We've heard from unions as well. The steelworkers, Unifor, have both called for strong reactions from the federal government. The Calgary Chamber of Commerce actually specifically asked the federal government to de-escalate and avoid a trade war. Now I should point out that was hours before the Prime Minister's announcement of counter
Starting point is 00:02:31 tariffs last night. And in the United States we've heard some negative reaction to this as well to their own government. In particular, the US Chamber of Commerce, the National Association of Manufacturers there, the National Association of Home Builders, all speaking out against these tariffs because of course keep in mind that many business groups in the United States rely really heavily on not just Canada but Mexico as well and both countries are affected by what Donald Trump has done here. NECDRE, CBC News, Calgary. Meanwhile Canada's energy sector is coming to terms with its 10% tariff. Sam Sampson has more on how those in the oil and gas industry are preparing for the future.
Starting point is 00:03:09 Peter Tertsakian says no matter how you slice it, the energy industry is in for a change. He's the president of an energy industry firm in Alberta and is part of the Prime Minister's Canada-U.S. Relations Council. Tertsakian's biggest concern is retaliatory tariffs. That means those in central Canada who get their energy from the states will pay much more. We are actually importers in Central Canada. So the last thing we want to do is get into some sort of tit-for-tat escalation. Edmonton Chamber of Commerce President Doug Griffiths says he's thankful the energy tariffs are lower, though the entire approach, he says, doesn't make sense. Their economy very much is interconnected and dependent on Canada.
Starting point is 00:03:47 Alberta Premier Danielle Smith says the lesser tariff on energy is thanks to her government's efforts to meet with U.S. lawmakers and Trump himself. Though she's disappointed there are tariffs at all, she says they'll continue that diplomacy work. She and others continue to suggest the way out of this is to build more pipelines so the U.S. is no longer Canada's number one customer for energy. Sam Samson, CBC News, Edmonton. Some Canadian hockey fans voiced their discontent over Trump's tariffs last night during the singing of the Star-Spangled Banner. The home of the...
Starting point is 00:04:22 Spectators let out a loud chorus of boos during the American anthem. This was at the Ottawa Senators home game versus the Minnesota Wild. The video is being shared widely online this morning. The Sens won the game 6-0. That's it for Your World This Hour. For CBC News, I'm Gina Luis-Phillips.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.