The World This Hour - The World This Hour for 2025/03/24 at 23:00 EDT

Episode Date: March 25, 2025

The World This Hour for 2025/03/24 at 23:00 EDT...

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Starting point is 00:00:00 In Scarborough, there's this fire behind our eyes. A passion in our bellies. It's in the hearts of our neighbors. The eyes of our nurses. And the hands of our doctors. It's what makes Scarborough, Scarborough. In our hospitals, we do more than anyone thought possible. We've less than anyone could imagine.
Starting point is 00:00:19 But it's time to imagine what we can do with more. Join Scarborough Health Network and together, we can turn grit into greatness. Donate at lovescarborough.ca. From CBC News, The World This Hour, I'm Neil Herland. Day two of the federal election campaign and both the conservatives and liberals are promising
Starting point is 00:00:45 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. 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 Poliev wants to slash the lowest tax bracket from 15% to 12.75.
Starting point is 00:01:11 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 a year. Poly of 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.
Starting point is 00:01:46 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. 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.
Starting point is 00:02:23 At 1 percent, 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. He's promising 100,000 new rent-controlled 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
Starting point is 00:03:02 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 reports. At this Bay store in Scarborough, Ontario, shoppers came early looking for deals. Many left disappointed. They're 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,
Starting point is 00:03:31 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
Starting point is 00:04:05 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. They responded with rubber bullets and pepper spray. It's night six of these demonstrations, which broke out after Istanbul's popular mayor was arrested and later jailed on corruption charges. Mayor Ekremi Mamlu is seen as the biggest challenger to Turkish President Recep Tayyip Erdogan in the upcoming election. And that is your World This Hour.
Starting point is 00:04:49 For CBC News, I'm Neal Herland.

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