The World This Hour - The World This Hour for 2025/03/24 at 21:00 EDT

Episode Date: March 25, 2025

The World This Hour for 2025/03/24 at 21:00 EDT...

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Starting point is 00:00:00 The world we live in isn't perfect. This is all wrong. I say put mental health first. But it doesn't get any better on its own. I stand before you as a concerned citizen. That's why we talk to activists about how they do what they do and what inspires them to keep going. Because we're all about change.
Starting point is 00:00:19 Listen to stories that give us all hope on all about change wherever you get your podcasts. From CBC News, the world this hour, I'm Neil Herland. It's 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 has more.
Starting point is 00:00:56 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 a bid to win over voters. Here, Polyev wants to slash the lowest tax bracket from 15% 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 work hard to build our country. It would cost the federal treasury some 14 billion dollars a year.
Starting point is 00:01:29 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. Prime Minister Mark Carney says he hasn't spoken with Donald Trump, but he says 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.
Starting point is 00:02:09 The Liberal leader spoke during a campaign stop in Gander, Newfoundland, 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 one percent, his proposal is lower than the one promised by the conservatives. Cardy says his cut is designed to offset the lost carbon tax rebate payments. In this election the question is who's gonna 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.
Starting point is 00:02:46 He's promising 100,000 new rent control homes by 2035. Singh also pledges to fast-track approvals of those projects and train more construction workers. In other news for the Hudson 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 Strashen reports. At this Bay store in Scarborough, Ontario shoppers came early looking for deals.
Starting point is 00:03:16 Many left disappointed. 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
Starting point is 00:03:42 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 City of Istanbul building. Fireworks and objects were thrown at riot squad members.
Starting point is 00:04:23 They responded with rubber bullets, sending black pepper spray into the crowds to push them back. It's night six of these demonstrations, which broke out after Istanbul's popular mayor was arrested and later jailed on corruption charges. Mayor Ikrami Mamlu is seen as the biggest challenger to Turkish President Recep Tayyip Erdogan
Starting point is 00:04:43 in the upcoming election. Erdogan is blaming the main opposition for instigating the country's biggest protests in more than a decade. And that's the CBC News.

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