The World This Hour - The World This Hour for 2025/05/27 at 06:00 EDT

Episode Date: May 27, 2025

The World This Hour for 2025/05/27 at 06:00 EDT

Do you ever finish a true crime series and wish that you could know more? It happens to me all the time. And that's what's driving my interviews on Crime Story. Each week I'm lucky enough to sit down with the best storytellers and really dig into what it takes to tell those stories. And this month our riches run deep. We have Keith Morrison, Amanda Knox, and Bone Valley's Gilbert King. I'm Kathleen Goldtahar. Find Crime Story wherever you get your podcasts. From CBC News, it's the world this hour.

I'm Joe Cummings. It's a ceremonial act with a political message. In Ottawa this morning, King Charles will be taken to Parliament Hill by a horse-drawn carriage to deliver the Liberal government's throne speech. David Thurton reports. King Charles greeting well-wishers after planting a tree at Rideau Hall. Prime Minister Mark Carney ahead of today's speech from the throne. A speech that will outline the government's goals for the new parliamentary session.

It's written by the Prime Minister's office but usually the Governor General reads it. This time the King will do it in person. Conservative Michael Barrett welcomes the royal visit at a time when Donald Trump wants Canada to become the 51st state. But the Democrat interim leader Don Davies is not as enthused. Inviting a hereditary monarch is not necessarily the best way for a modern democracy to express its independence and sovereignty. The Bloc Québécois also slammed what it calls a foreign king opening parliament.

Its MPs will boycott the king's speech. A sign this visit meant to bring the country together is also dividing some. David Thurton, CBC News, Ottawa. One of the topics expected to be included in today's throne speech is the Liberal government's promise to open up trade between the provinces and the territories. And work is already underway on this issue on a number of fronts, including BC and Yukon, taking steps now towards sharing an electricity grid. Amelia John has more. BC Premier David Eby and Yukon Premier Ronj Palay signed the Memorandum of Understanding

for the Yukon-BC Grid Connect, calling it a generational investment and a way to boost clean energy supply. Yukon's grid is isolated and sometimes relies on diesel, while BC often has a surplus of hydroelectricity, which it sells. Barry Penner is a former BC environment minister and now head of the Energy Futures Institute. The idea has been bouncing around for at least two decades, maybe more. You have to ask yourself why has it not come to fruition and that's because it faces daunting challenges, a combination of distance and cost. Penner says it could cost well over a billion dollars to connect the BC and Yukon grid. The two premiers say they'll seek federal support and work with

First Nations who may be impacted. Amelia Johns, CBC News, Vancouver. The Business Development Bank of Canada is reporting that venture capital investment, particularly for early-stage Canadian start-ups, is on the decline. And it says the problem is Canada's trade war with the U.S. and the economic uncertainty that comes with it. Philip de Montigny reports. Venture capital is now harder to come by, especially for early-stage Canadian start-ups. The investors don't like uncertainties.

Geneviève Boutier leads the investment branch of the Business Development Bank of Canada. A new BDC report shows one-third of the country's venture capital comes from American investors, who might choose to move their dollars to the U.S. The biggest impact of the tariffs is the uncertainty. Kim Furlong is the CEO of the Canadian Venture Capital and Private Equity Association. What I would love is to see more, for example, of Canadian pension plans with the ability to write these larger checks come in in the later so that the value at the time of exit goes back to Canadian pensioners. But successful exits have been down in the past few years

with no Canadian companies going public in 2024 and only one the year before. Philippe de Montigny, CBC News, Toronto. Once again, the Minnesota Frost are the champions of the PWHL. In Minnesota, that's Liz Shepard scoring 12 minutes into overtime in Game 4 to give the Frost a 2-1 win over Ottawa and another league title. This was an exceptionally close final with all four games in this best of five ending up going into overtime. And that is the World This Hour. For CBC News, I'm Joe Cummings.