The World This Hour - The World This Hour for 2025/02/07 at 12:00 EST

Episode Date: February 7, 2025

The World This Hour for 2025/02/07 at 12:00 EST...

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Starting point is 00:01:06 I'm Joe Cummings. Prime Minister Justin Trudeau says Donald Trump is not joking about annexing Canada. Trudeau made the comments today behind closed doors at a Canadian economic summit. But those comments were heard outside the room. David Thurton reports. So as much as I know the media would love to stick around for the Q&A, they're not going to be able to do that. So we'll ask our friends from the media to please...
Starting point is 00:01:35 As the Prime Minister kicked the media out of a summit with business leaders, Justin Trudeau was caught in an apparent hot mic moment. His comments were carried on loudspeakers outside the room and this is what the media heard. It's hard to hear but Trudeau says Trump's goal is to absorb Canada, that it's quote, a real thing. Eventually the audio feed was cut. But Trudeau's comments underscore what Canada could be facing with a new Trump presidency.
Starting point is 00:02:16 Trump has repeatedly called Canada the 51st state and referred to Trudeau as an American governor. David Thurton, CBC News, Ottawa. Meanwhile, at the Toronto Summit, business and labor leaders and politicians from all levels of government are meeting to discuss ways for Canada to be less dependent on the United States. Janice McGregor has more. Putting a couple hundred business, labor, and political leaders in a room with policy
Starting point is 00:02:43 experts today for four hours, of course, won't fix everything. The government hopes, though, to be seen as facilitating some of the tough conversations that are required right now. Labour leader Lana Payne from Unifor is on the front lines of this, representing auto workers once again, fearful of their jobs heading south, realizing they can't count on the free market. You can't do that anymore. You have to absolutely put planning around what it is we do with our economy and how we can best build good, strong Canadian jobs. Donald Trump frames economic prosperity as a national security issue. The upside of this is that it could focus Canadians to take a hard look at why they
Starting point is 00:03:24 aren't more strategic about doing business with each other instead of relying so much on the Americans. Janice McGregor, CBC News, Ottawa. Still with economic news, Statistics Canada today is saying 76,000 jobs were added to the economy last month. This is something of a pleasant surprise, and it moves the unemployment rate down to 6.6% from 6.7% in December. Peter Armstrong reports. This is two months in a row now of job market growth that's well above expectations, and it marks three straight months of gains in the jobs market after we had seen a pretty solid stretch where the unemployment rate had been rising relentlessly.
Starting point is 00:04:04 And over those three months, Canada's added like 211,000 jobs. seen a pretty solid stretch where the unemployment rate had been rising relentlessly. Over those three months, Canada's added like 211,000 jobs. Better still, these January numbers, they were almost entirely private sector jobs. All this matters even more than usual, as so much of the economic conversation in Canada has been focused on the impact of a potential trade war with the United States. Canada's economy isn't exactly fighting that war from a position of strength. You look at per capita GDP, it's fallen for six straight quarters. The unemployment rate had been rising relentlessly.
Starting point is 00:04:36 So this is good news and it does provide at least something of a cushion that allows the economy to deal with all of this uncertainty that's just sloshing around the world right now. Peter Armstrong, CBC News, Toronto. A search has ended off the coast of Nova Scotia for a crew member missing from a capsized fishing vessel. The Coast Guard says the crew member has been found unresponsive and was being flown to hospital in Halifax.
Starting point is 00:05:01 The vessel capsized last night with three crew members being pulled to safety. A search was then launched for the fourth member. The Coast Guard is saying the conditions last night were poor with high swells and low visibility. And that is The World This Hour. For news anytime, go to our website cbcnews.ca. For CBC News, I'm Joe Cummings.

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