The World This Hour - The World This Hour for 2025/04/04 at 17:00 EDT

Episode Date: April 4, 2025

The World This Hour for 2025/04/04 at 17:00 EDT

You know what I'd like to hear people say more often? I'm not sure. Let me think about that. I'm Nala Ayed, host of Ideas, a podcast that brings you deep thought every day. We're a show for listeners who like to slow down, to check their assumptions, and maybe even change their minds. If that's you, find and follow Ideas wherever you get your podcasts. If that's you, find and follow ideas wherever you get your podcasts. From CB Senior's The World This Hour, I'm Julianne Hazelwood. Canadian and US stock markets fell even deeper today, surpassing yesterday's dramatic meltdown. The Toronto Stock Exchange closed

nearly 5% lower. The Dow in New York closed 5.5%. Observers are blaming Donald Trump's tariff policy and China's counter tariffs of 34%. The U.S. and China are the two biggest economies in the world. Jerome Powell is the chair of the U.S. Federal Reserve, the American equivalent to the Bank of Canada, and he's warning there will be pain ahead. It is now becoming clear that tariff increases will be significantly larger than expected. And the same is likely to be true of the economic effects, which will include higher inflation and slower growth. While tariffs are highly likely to generate at least a temporary rise in inflation, it's

also possible that the effects could be more persistent. Today's market drop is the biggest since March of 2020, the beginning of the COVID-19 pandemic. Ontario Premier Doug Ford has visited parts of the province that are still recovering from last weekend's ice storm. More than 100,000 homes and businesses are still without power and as Lisa Shing reports, many residents don't know when they'll get it back. I want to apologize to the people that I have not been able to get back to. Ontario Premier Doug Ford in Orillia, Ontario after an ice storm caused widespread damage and almost a million people lost power. He said crews are trying their best. They're going around the clock.

Last weekend a freezing rain fell for several days encasing trees in ice and damaging power lines in central and eastern Ontario. On Friday, six days later, tens of thousands of people were still without electricity, including Kate Warren's family. Because the branches are everywhere. I can't even walk down the sidewalk. Hydro One spokesperson Tiziana Bachega-Rosa says the storm lasted much longer than normal, so the damage is compounded. Now another hurdle. They are traversing challenging terrain.

There's still no estimate of when power will be fully restored. Hydro One says crews will be working into the weekend. Lisa Sheng, CBC News, Toronto. Pierre Pelliev says a conservative government will get tough on intimate partner violence. The proposed measures include scrapping bail for people accused of the offence. Tom Perry has more. Canada should be a safe place for law-abiding people, a country that protects its citizens. Pierre Poliev has always backed a tough on crime agenda, promising longer sentences and

stricter bail conditions for violent offenders. This time, Poliev's focus was on intimate partner violence, starting with those accused of it. There will be jail and not bail as a default for people who are accused of domestic violence so they cannot be released on the street and re-offend against their victims. Poliev says a conservative government would create a new offense, assault of an intimate partner to ensure tougher sentences. He says it would also ensure anyone accused of killing their partner or child

faces a charge of first-degree murder, not manslaughter. Tom Perry, CBC News, Trois-Rivières, Quebec. A Russian missile strike has killed at least 16 people in eastern Ukraine. Ukrainian officials say six of them were children. It happened in Kriviri, the hometown of President Vladimir Zelenskyy. The president says Russian promises of a ceasefire end with missiles, drones, bombs or artillery. Zelensky calls it one of Moscow's deadliest attacks this year. Moscow claims the strike targeted a gathering of Ukrainian servicemen and foreign instructors.

President Donald Trump is throwing another lifeline to TikTok. He's extending a deadline to keep the app running in the US for an additional 75 days. That gives his administration more time to broker a deal with an American buyer. China's bite dance has insisted the app is not for sale. But Trump says there's been tremendous progress on a potential sale, and he doesn't want the app to go dark in the meantime. And that's your World This Hour. For CBC News, I'm Julianne Hazelwood.