The World This Hour - The World This Hour for 2025/05/20 at 12:00 EDT
Episode Date: May 20, 2025The World This Hour for 2025/05/20 at 12:00 EDT...
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How did the internet go from this?
You could actually find what you were looking for right away,
bound to this.
I feel like I'm in hell.
Spoiler alert, it was not an accident.
I'm Cory Doctorow, host of Who Broke the Internet
from CBC's Understood.
In this four-part series, I'm going to tell you
why the internet sucks now, whose fault it is,
and my plan to fix it. Find Who Broke
the Internet on whatever terrible app you get your podcasts.
From CBC News, it's the world this hour. I'm Joe Cummings. Canada's inflation rate took a big dip last month. Statistics Canada says it fell to 1.7% from 2.3% in March.
And the agency says it's due mainly to the dropping of the consumer carbon tax.
Scott Peterson has more.
So this is the lowest inflation rate in the country since September.
Across Canada we saw gas prices down about 18% year over year,
natural gas prices down about 14%.
Now some of that is attributable
to more production from OPEC,
but nonetheless that helped consumer prices coming down.
Now excluding energy prices,
inflation would have been about 2.9%,
and that shows you how much weight energy pricing has
on the basket of goods tracked by Statistics Canada.
Food prices up 3.8% year over year. That's higher than it was in March. We buy a lot
of our produce, a lot of our food from the US, and so we saw fresh vegetables, beef,
coffee, tea, all leading the way to the upside. And watching all of this is the Bank of Canada.
They're set to make their next interest rate decision on June the 4th, and market
makers are now split 50-50 on whether we're going to see another rate reduction as was
thought before this hotter than expected inflation report.
Scott Peterson, CBC News, Toronto.
Canada Post is on the verge of facing its second strike in six months.
The union representing the country's postal workers has issued a strike warning, which
calls for picket lines to go up as of Friday morning.
Canada Post says a second walkout would deepen the Crown Corporation's grave financial situation at a time when it needs to adjust its delivery model.
A 32-day strike that started in November was brought to an end when the federal government stepped in in order to pause to the job action.
The contract talks have since resumed, but no deal has
been reached. Israeli Prime Minister Benjamin Netanyahu says a joint statement issued by
Canada, Britain, and France is, quote, a huge prize for Hamas. The statement, one of the
two signed by Canada over the weekend, warns there will be a response if Israel continues
with its military campaign in Gaza. Janice McGregor has more.
Janice McGregor, The New York Times, The New York Times, The New York Times, The New York
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York Times, The New York Times, The New York Times, The New York Times, The New military operations in Gaza. Separately, foreign ministers from 22 countries were also
condemning Israel's new model for delivering aid into Gaza,
noting that the UN doesn't believe it's going to move the
food at the speed and scale required.
The Centre for Israel and Jewish Affairs,
that's a Canadian group supportive of Israel,
said the fact that Hamas had applauded the joint statement
spoke volumes about its
misguided premise.
When Mark Carney met Israel's president on the sidelines of the Pope's inaugural mass
at the Vatican on Sunday, the readout from that meeting was clear that Carney had reiterated
the need for Hamas to release all hostages and lay down all its weapons.
Janice McGregor, CBC News, Ottawa.
Meanwhile, there were multiple explosions overnight across southern Gaza.
The strikes come as the Israeli military says it has struck more than 650 Hamas targets
over the past week.
Israel saying it's an ongoing operation aimed at eliminating Hamas's military capabilities.
Local medical workers are saying more than 500 people have been killed over the past eight days.
Now to Trafalgar Square.
Your Majesties, welcome back to Canada House.
That is Ralph Goodale, Canada's High Commissioner to Britain,
welcoming King Charles and Queen Camilla to Canada House this
morning. The red carpet visit is part of the celebrations marking
the 100th anniversary of Canada House. It also comes a week ahead
of Charles' trip to Ottawa. He'll be delivering the speech from the
throne next Tuesday, opening the new session of parliament. It'll be
his 20th visit to Canada, but his first as King.
And that is the World This Hour. For CBC News, I'm Joe Cummings.