The World This Hour - The World This Hour for 2025/05/20 at 22:00 EDT
Episode Date: May 21, 2025The World This Hour for 2025/05/20 at 22:00 EDT...
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From CBC News, the world this hour, I'm Trisha Kindleman.
The U.S. President says his plan to create a missile defense shield could be a reality
in just three years. Donald Trump's Golden Dome is projected to have a price tag of 175 billion dollars US and he
says Canada could help pay for it. The Prime Minister's office confirms there
have been discussions about the Golden Dome as part of the relationship
rebuild efforts. Erin Collins has more on the project. I suggested it and they all
said we love the idea, sir.
Donald Trump not the first president to dream of a space-based missile defense system.
Ronald Reagan pitched the idea in 1983, but the Star Wars program never got off the ground.
Trump says the technology now exists to make Ronald Reagan's dream a reality.
The Golden Dome missile defense shield, that's something we want. dream a reality. The U.S. president announced a $25 billion down payment for the project expected to cost
at least seven times that.
A bill Trump says Canada will help pay.
Trump released no details on how Canada would be involved in the system or how much
it would pay.
The president says his golden dome will be done before the end of his term.
Erin Collins, CBC News, Washington.
Canada's inflation rate dipped to 1.7% in April from 2.3 in March.
StatsCan says the falling price of gasoline is the biggest factor in
the slowdown, mainly due to the removal of the consumer carbon tax. But the price of
food continues to rise faster than general inflation. Ali Shiasan has more.
Inflation may be cooling, but prices for goods are again going up. Beef especially at 16.2
percent year over year, as the owner of a barbecue
restaurant David Neinstein has certainly noticed. We've had to transfer that cost
over to the consumer. Burgers used to be a menu mainstay at the Barks smokehouse
but to manage the rising cost of fresh beef,
Neinstein says now they only sell them on weekends. They are all done by
Canadian beef and cost for hamburger was too high. According to the latest numbers
from StatsCan, grocery prices in April rose nearly 4% year
over year compared to 3.2% in March.
We've seen three straight months of price increases outpacing where overall inflation is.
Weaker Canadian dollar in April could have been part of that.
Nathan Janssen is the chief economist at RBC.
You also did have carrots and probably on fresh fruits and vegetables.
It all puts the Bank of Canada in a tricky position
about whether to cut interest rates
to provide some relief on your grocery bill
even menu prices.
Ali Chiasan, CBC News, Toronto.
Weekend work remains an obstacle in negotiations
between Canada Post and its employees
who have threatened to walk off the job on Friday.
Canada Post is pushing for part-time workers to be deployed on weekends in response to
rising parcel demand.
The union is backing a purely full-time model that would move existing employees onto some
weekend shifts.
And the European Union says it will review its free trade deal with Israel unless it
reverses its Gaza blockade, while the UK is halting free trade talks with Israel unless it reverses its Gaza blockade, while the UK is halting
free trade talks with Israel in response to its military offensive.
As of Monday, Israel had allowed a limited number of aid trucks into the territory.
British Trade Minister David Lammy had this message for the people of Israel.
We want, I want, a strong friendship with you based on shared values.
We are unwavering in our commitment to your security and to your future.
But the conduct of the war in Gaza is damaging our relationship with your government.
The UK, Canada and France have said they will take concrete action if Israel does not end
its renewed military offensive.
Israel's prime minister accuses the three nations of bending to Hamas.
And ending with some sad news from Hollywood.
One of the lovable bar stool regulars of Cheers has died.
Norman, you are looking especially spry today.
Thank you.
As a matter of fact, I joined the health club today.
Good for you.
Nice facilities?
Excellent snack bar.
George Wendt played Norm Peterson on the sitcom.
He also continued acting in movies
on television and Broadway.
George Wendt's family says he died last night.
He was 76.