The World This Hour - The World This Hour for 2025/03/24 at 19:00 EDT

Episode Date: March 24, 2025

The World This Hour for 2025/03/24 at 19:00 EDT

Hey, it's me, Michael Buble. You hear that? That's the sound of the Junos, the biggest party in Canadian music. I'll be there hosting. Sum 41 will be rocking out on stage for the last time, plus a whole lineup of amazing performances. And guess what?

You're all invited. All bring the tux, you bring the snacks. Let's make it a night to remember. Don't miss the Junos, live from Vancouver, March 30th at 8 Eastern on CBC and CBC Jam. From CBC News, the world is our. I'm Tom Harrington. It is the first full day of the federal election campaign and both the conservatives and liberals are

promising income tax cuts. Conservative leader Pierre Polyev says he will find government efficiencies to fund them. He made the announcement in Brampton, Ontario. JP Tasker was there. This is a tax cut that will put Canada first. The Conservative leader is pitching a new tax cut and a bid to win over voters. Pierre Polyev wants to slash the lowest tax bracket from 15 percent to 12.75. It would save nearly everybody who pays income tax some money. A worker earning $55,000 a year would keep an extra $900 if this goes ahead. This is a tax cut for everybody who has

ever got up early in the morning and worked hard to build our country. It would cost the federal treasury some 14 billion dollars a year. Poliev says he'll slash spending elsewhere to pay for it. We will cut back on foreign aid to bring our money home to this country. Liberal leader Mark Carney has also announced what he's calling a middle class tax cut, but it's smaller. JP Tasker, CBC News, Brampton, Ontario. The liberal leader says he hasn't spoken with Donald Trump but Mark Carney thinks the president's likely waiting for the outcome of Canada's federal election before calling the winner.

I'm available for a call but you know we're going to talk on our terms as a sovereign country not as what he pretends we are and on a comprehensive deal. Carney spoke during a campaign stop in Gander, Newfoundland and Labrador, a symbolic location in Canada-U.S. relations. As you heard, he's also promising a tax cut for people in the lowest bracket. At 1%, his proposal is lower than the one promised by the Conservatives. Carney says his cut is designed to offset the lost carbon tax rebate payments.

In this election the question is who's going to build homes you can actually afford? The New Democrats are promising they will build affordable housing only on federal land. Jagmeet Singh made the announcement on an empty plot of federal land in Montreal today. He is promising 100,000 new rent-controlled homes by 2035. Singh also pledges to fast-track approvals of those projects and train more trades workers. In other news now, for the Hudson's Bay Company, today marks the beginning of the end. Liquidation sales are underway at most Bay stores across the country even as the company continues to search for a way to restructure. Jamie Strachan has

the story. At this Bay store in Scarborough Ontario shoppers came early looking for deals many left disappointed. There's the same prices from weeks and weeks ago. I think you have to kind of search a lot of the stuff that I was looking for isn't there anymore. At more than 70 Bay stores across the country, prices are expected to be cut as the centuries old company winds down operations. Jonathan Ordon owns liquidation company Danbury Global and says prices are initially likely to be reduced by 15 to 20 percent. But as the sale progresses, usually the discounts are going to increase and as it increases the quantity of inventory and the selection of inventory diminishes.

Bay stores are slated to remain open until June 15th. Six stores, all in the Greater Toronto and Montreal Areas, are not part of the liquidation process. The company currently owes nearly a billion dollars to almost 2,000 creditors. Jamie Strash in CBC News, Toronto. Now to Turkey. Tens of thousands of people are protesting, many of them clashing with police outside the Istanbul Municipality Building. Several fireworks and other objects were thrown at riot squad members.

They responded with rubber bullets, sending pepper spray into the crowds to push them back. The demonstrations are now on night six and broke out after Istanbul's popular mayor was arrested and later jailed on corruption charges. Mayor Ekrem İmamoğlu is seen as Turkish President Recep Tayyip Erdogan's main opponent in the upcoming election. Erdogan is blaming the main opposition for instigating the country's biggest protests in more than a decade. And that is Your World This Hour. For CBC News, I'm Tom Harrington. Thanks for listening.