The World This Hour - The World This Hour for 2025/04/09 at 19:00 EDT

Episode Date: April 9, 2025

The World This Hour for 2025/04/09 at 19:00 EDT

1942, Europe. Soldiers find a boy surviving alone in the woods. They make him a member of Hitler's army. But what no one would know for decades, he was Jewish. Could a story so unbelievable be true? I'm Dan Goldberg. I'm from CBC's personally, Toy Soldier. Available now wherever you get your podcasts. From CBC News, the world this hour, I'm Gina Louise Phillips. Donald Trump is backing down from his global tariffs plan for now. The US president says he is implementing a 90-day pause on

new tariffs while trade negotiations continue. On social media platform X, Mark Carney is calling this a welcome reprieve for the world economy. China is exempt from the change and its imports will now be taxed a whopping 125%. Following Trump's announcement, U.S. stocks skyrocketed to historic gains. But as Peter Armstrong reports, the financial turmoil is far from over. This was as sharp a rally as we've seen in some time. Major markets were trying to find their way into positive territory and snap this four day losing streak. Then came along this news of a pause, and stocks just absolutely soared. 10% on the S&P 500, the Dow went up nearly 3,000 points, the Nasdaq up 12%.

But all that enthusiasm doesn't factor in the very real tariff threats that remain. The Chinese tariffs significantly escalate the trade war between the two biggest economies in the world and even a 10% baseline will slow growth in global economy and drive up prices in the United States. So the volatility we've seen on markets is far from finished. Peter Armstrong, CBC News, Toronto. Pete Hookstra has been confirmed as the new US.S. Ambassador to Canada. The Trump nominee received bipartisan support from the U.S. Senate this afternoon. The Republican politician represented Michigan in Congress for nine terms and is a former ambassador to the Netherlands.

He assumes the role amid strained relations between the two neighbors. Now to the federal election campaign. Conservative leader Pierre Poliev was in Sault Ste. Marie, Ontario, rolling out a tough on crime promise. Three strikes you're out means that anyone convicted of three serious offenses will be ineligible thereafter for bail, probation, parole, or house arrest. And they will serve a minimum of 10 years behind bars. Pauliev also says those with three convictions will be designated as dangerous offenders. It means they won't be released until they can prove they are no longer a danger to society.

Liberal leader Mark Carney says he has a plan to make Canada an energy superpower and create thousands of good paying jobs. He says the country needs to invest in both conventional energy, oil and gas, and clean energy. Our system of investment tax credits are promoting a generational investment in clean energy, in making oil and gas the lowest emission and therefore the most competitive in the world. They will unlock more solar, more wind, more nuclear, more geothermal, more hydrogen, more biofuels.

Karney also announced plans to get Canada's oil and gas and critical minerals to market and pledged to diversify the country's trading partners. New Democrats are promising to get pharmacare done. Jagmeet Singh says it was the NDP who forced the Liberals to implement the first phase of drug coverage. And if enough New Democrat MPs are elected, they'll get the next phase done before the end of the decade. David Thurton has more. These are the medications that are most often prescribed. This is going to give a lot of relief to people that are worried about being able to afford their medication.

Jagmeet Singh says he will fight like hell to expand pharmacare. At the moment, a handful of provinces have signed agreements to implement free public coverage for contraceptives and diabetes medications and devices. New Democrats would expand that to about 100 of the most prescribed medications. So if you want pharmacare to happen, if you want us to move forward with pharmacare and you want essential medications to be covered, vote for a New Democrat. Re-elect your New Democrat incumbents, those that have fought for you. Liberals have specified they would extend coverage for contraceptives and diabetes meds to all provinces and territories, but stopped short of covering more prescriptions.

David Thurton, CBC News, Ottawa. And that is The World This Hour. For CBC News, I'm Gina Louise Phillips.