The World This Hour - The World This Hour for 2025/02/02 at 11:00 EST

Episode Date: February 2, 2025

The World This Hour for 2025/02/02 at 11:00 EST...

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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 00:00:33 From CBC News, the world is sour. I'm Gina Louise Phillips. Canada is fighting back. Donald Trump launched a trade war and now Justin Trudeau is announcing retaliatory tariffs on a host of American goods as payback. Kate McKenna reports. We didn't ask for this, but we will not back down. It's a major blow from Canada's closest ally. Prime Minister Justin Trudeau says Canada
Starting point is 00:00:57 is hitting back hard. Canada will be responding to the US trade action with 25% tariffs against $155 billion worth of American goods. The trade war comes following Donald Trump's executive order. His administration is slapping a 25 percent blanket tariff on all Canadian goods except energy, which will be taxed at a lower rate. Canada will start retaliating on Tuesday. It'll include a 25% tariff on products like American beer, vegetables, clothing and shoes. It is a declaration of economic war against a trusted ally and friend. British Columbia Premier David Eby announced a suite of measures including directing BC liquor stores to stop buying American booze from red states.
Starting point is 00:01:40 Trump's executive order says Canada's retaliation could result in an escalation in the trade war. Kate McKenna, CBC News, Ottawa. And we're hearing from one of the liberal leadership contenders. Krista Freeland spoke to CBC's Rosemary Barton this morning. She says she's on board with the countermeasures announced by Ottawa. This is economic warfare and it is incredibly important for us to hit back and to hit back hard. I know that that's what we are doing as a country. It is great to see the Premieres stepping up. It's great to see regular Canadians stepping up. I think that the Americans are going to be really surprised by how strong and how
Starting point is 00:02:23 resolute Canada is. Another Liberal leadership contender, Mark Carney, says he would match the US dollar for dollar when it comes to tariffs. And we're expected to hear from Conservative leader Pierre Polyev shortly. Consumers and businesses are facing a new reality in the wake of Donald Trump's tariff announcement. Philip Lee Shanuck tells us more. Across the country, Canadians reacted to the unthinkable. A trade war with our closest ally and economic partner.
Starting point is 00:02:51 I'm disappointed but I'm really not surprised. I think we should do everything we can to buy Canadian. But Danny Dumoresque, president of Labrador Gem Seafoods, says half of his company's snow crab and scallops are shipped to the US. But by no means is there enough market in Canada to replace the American market. The US market is 10 times bigger than the Canadian market. Meanwhile, small business owners like Jessica Miao are thinking about how to reduce costs to absorb the hit. Her Toronto-based bra company sells half of its inventory to the U.S.
Starting point is 00:03:26 With the currency exchange rate we know that Americans might have more purchasing power. But Canadian consumers are bracing for higher prices, fewer jobs and a potential recession from a mutually destructive trade war. Philipp Lee Shanok, CBC News, Toronto. In other news, a Yukon First Nation is calling for a public inquiry into the release of cyanide from the Eagle Gold Mine. In June, a spill sent toxic chemicals into the environment. Julian Green has more. This event has really led to lots of anger, frustration and sadness. Biologist Mark O'Donohue works with Nacho Naik Dun, whose lands are affected by the mine.
Starting point is 00:04:08 Part of the mine failed in June, spilling some 300 million liters of cyanide solution into the environment. Data now shows levels of cyanide in the creek have been high enough to kill fish. Downriver is Trondiquichin, another Yukon First Nation, which is also keeping tabs on things. Carly Knight, with the First Nation, says crews haven't detected any toxins like cyanide, at least up until mid-November. The First Nation is calling for a public inquiry into the mine failure.
Starting point is 00:04:36 The Yukon government has repeatedly dismissed that. Julian Green, CBC News, Whitehorse. And that is your World This Hour. You can listen to us anytime on voice-activated devices like Google Home. I'm Gina Louise Phillips. Thanks for listening.

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