The World This Hour - The World This Hour for 2025/04/07 at 09:00 EDT

Episode Date: April 7, 2025

The World This Hour for 2025/04/07 at 09:00 EDT

It's on. A federal election is here and party leaders are racing around Canada to convince you to give them your vote. We're seeing a lot of spin, a lot of promises and a lot of accusations swirling around. And we are here to filter through the noise. I'm Catherine Cullen, host of The House. And every Saturday we want to slow you down and make sure you're getting the big picture and deep context and everything you need to make politics make sense. Because democracy is a conversation and we're here for it. From CBC News, it's the world this hour.

I'm Joe Cummings. The North American stock markets are bracing for yet another day of big losses. This has overseas investors continue with their sell-off, all in reaction to the ongoing Trump tariff campaign. Peter Armstrong has the latest. This was absolutely expected. Analysts told us without a clear effort to find a way out of this, the sell-off was going to deepen.

And still, the plunge is kind of shocking to watch Hong Kong's market closed down 13% the worst day we've seen there since 1997 Chinese markets posted their worst day since 2008 Europe is getting clobbered and US futures are on track for another brutal day. Donald Trump's team of advisors were all over cable news this

weekend but offering fundamentally different answers as to what the administration is trying to get done with tariffs. Meanwhile analysts and now major CEOs are warning this could get worse. Billionaire investor Bill Ackman said America was heading toward what he called a self-inflicted economic nuclear winter. Peter Armstrong, CBC News, Toronto. And while acting as Prime Minister, Mark Carney discussed the Trump tariffs yesterday with British Prime Minister Keir Starmer. Carney's office saying the discussion centered on the need for the two countries to strengthen their economic ties to counter, quote,

the unjustified US trade action. Both leaders say they agree that the old relationship they both enjoyed with the United States is now over. Conservative leader Pierre Poliev is on social media this morning promising that a conservative government would cut the red tape involved in launching new energy projects. We will have one environmental review for one project. Instead of having multiple reviews that duplicate each other and achieve no extra ecological benefit, we will ensure that all of those reviews are collapsed into a single effective review that we partner with other levels of government to agree upon. Aaron Ross Powell There are differences, but this essentially

matches a promise made earlier by the Liberals. Before the election was called, Mark Carney met with the premiers and announced that a one-project, one-review development plan would be installed. On the campaign trail today, Carney is in Victoria. Well, Poliev is in B.C. as well. He's in Taris. NDP leader Jagmeet Singh is campaigning in Toronto. The bloc's Yves-Francois Blanchet is in Montreal, and Green Party co-leader Elizabeth May is

in Guelph, Ontario. Israeli Prime Minister Benjamin Netanyahu is in Washington today for tariff and trade talks with the Trump White House. But he can expect to face questions on the latest Israeli airstrikes on Gaza. Palestinian journalists are saying they were among those targeted. Crystal Gmancing has more now from London. At around 3 a.m. we woke up on an explosion next to us says Abshat. The Palestinian journalist and his colleagues were sheltering in tents in Han Younis. They were hit by an Israeli airstrike overnight.

Palestinian medics say a journalist was one of two people killed in the attack. Nine other journalists also sheltering near the Nasser Medical Complex were injured. The strike comes as Israel faces scrutiny for changing its story about what happened in southern Gaza on March 23rd. A convoy of emergency vehicles came under fire. Video surfaced contradicting Israel's claims that the vehicles did not have lights or emergency signals on. 15 people were killed. Crystal Gamansing, CBC News, London. About 55,000 Ontario homes and businesses are still without power this morning,

10 days after an ice storm swept across the region. Central Ontario was the hardest hit with the Coorthill Lakes area in and around Peterborough, making up nearly half of the remaining outages. The very worst of the outages is that more than a million customers were affected with the freezing rain and strong winds bringing down power lines and shouting out transfer shorting out transfer stations. And that is the World This Hour. Remember you can listen to us wherever you get your podcasts. The World This Hour. Remember you can listen to us wherever you get your podcasts. The World This Hour is updated every hour, seven days a week.

For CBC News, I'm Joe Cummings.