The World This Hour - The World This Hour for 2025/03/07 at 15:00 EST

Episode Date: March 7, 2025

The World This Hour for 2025/03/07 at 15:00 EST...

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Starting point is 00:00:00 What does a mummified Egyptian child, the Parthenon marbles of Greece and an Irish giant all have in common? They are all stuff the British stole. Maybe. Join me, Mark Fennell, as I travel around the globe uncovering the shocking stories of how some, let's call them ill-gotten, artifacts made it to faraway institutions. Spoiler, it was probably the British. Don't miss a brand new season of Stuff the British Style. Watch it free on CBC Gem. From CBC News, the world this hour, I'm Chileanne Hazelwood. Donald Trump is again threatening to impose new tariffs on Canada,
Starting point is 00:00:41 this time targeting dairy and lumber. Canada has been ripping us off for years on tariffs for lumber and for dairy products. 250% tariff. They'll be met with the exact same tariff unless they drop it. And we may do it as early as today or we'll wait till Monday or Tuesday but that's what we're gonna do. We're gonna charge the same thing. It's not fair. Never has been fair. While the Trump tariff roller coaster ride continues, Ottawa unveiled a range of supports for workers, farmers and businesses caught in the middle of the trade war. David Thurton has more on that. We have arrows in our quiver and we will not hesitate to use them.
Starting point is 00:01:21 According to the Labour Minister Steve McKinnon, one of those errors involves expanding access to a little-known program. It's called work sharing. The program allows businesses to keep workers on the payroll but temporarily reduce their hours during slower periods. EI benefits then cover most or part of the lost wages, McKinnon said. This allows workers to keep their jobs and the benefits that come with them. The government also announced a billion dollars in new lending for farmers plus five billion dollars for businesses impacted by the trade war. Minister of Export Promotion Mary Aink. These steps underscore our government's resolve to make sure that our businesses continue to be resilient.
Starting point is 00:01:59 And the ministers left open the door to further supports particularly for workers. David Thurton, CBC News, Ottawa. Conservative leader Pierre Polyev approves of at least one decision the liberals have made, the move to leave Canadian counter-tariffs on U.S. goods, even though Trump has paused some U.S. tariffs on Canadian goods. We can't have half measures. We have to send a clear message to President Trump that if he wants to fight, then we will fight back.
Starting point is 00:02:27 We will defend our people and our country. The president must remove all tariffs on Canadians before we remove counter-tariffs on the Americans. Palyev is still critical of the liberals on a long list of economic issues. Ottawa is adding another 179 firearms to the list of prohibited guns and says all current and future variants of those firearms will also be prohibited whether or not they're specifically named in regulations.
Starting point is 00:02:56 Since May 2020 the federal government has outlawed about 2,500 guns it calls assault-style firearms. Canada's job market caught a chill in February. Statistics Canada says the economy added just 1,100 jobs, far fewer than the 20,000 jobs economists were expecting. Nisha Patel explains. After a burst of hiring in January, Canadian employment came in flat in February. The economy added a meager 1,100 jobs. The unemployment rate held steady at 6.6 percent as population growth lost steam. So the economy actually was getting into a better place until the trade war landed.
Starting point is 00:03:38 BMO chief economist Doug Porter says more Canadians were working in the retail and real estate sectors, though jobs declined in transportation, warehousing and manufacturing. Uncertainty over U.S. tariffs may already be weighing on hiring decisions. Porter says that's also likely to influence the Bank of Canada. We do think the bank has to help support confidence and send a signal that it's here to support the economy. Most market watchers are betting the central bank will cut the key interest rate to 2.75 percent when it meets next week further rate cuts will make it cheaper to borrow money boosting
Starting point is 00:04:13 the economy Nisha Patel CBC News Toronto a 24-hour strike by German airport workers will affect more than half a million passengers on Monday an estimated 3,400 flights will be cancelled at airports across the country the union workers will affect more than half a million passengers on Monday. An estimated 3400 flights will be cancelled at airports across the country. The union says it's holding the one-day walkout as a warning after the failure of contract talks last month. Negotiations are expected to start again later this month. The workers are demanding an 8% wage increase plus higher bonuses and additional time off. And that is Your World This Hour. For CBC News, I'm Julianne Hazelwood.

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