The World This Hour - The World This Hour for 2025/05/31 at 22:00 EDT

Episode Date: June 1, 2025

The World This Hour for 2025/05/31 at 22:00 EDT...

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Starting point is 00:00:00 At Desjardins Insurance, we know that when you own a law firm, your bar for everything is high. That's why our agents go the extra mile to understand your business and provide tailored solutions for all its unique needs. You put your heart into your company, so we put our heart into making sure it's protected. Get insurance that's really big on care. Find an agent today at Desjardins.com slash business coverage. From CBC News, the world is sour. I'm Neil Kumar. Saskatchewan's premier is warning
Starting point is 00:00:39 of more evacuations in the coming days. Scott Moe says a lack of rainfall means a high risk of new wildfires. And high winds are making it difficult for fire crews to fight the ones already burning. Alexander Silberman has the latest. The next four to seven days are absolutely critical. Saskatchewan Premier Scott Moe says hot, windy conditions are helping fires spread. He says fire crews are working to contain 16 active fires, but desperately need help from the weather. Without rain, Moe says more people will likely be forced
Starting point is 00:01:11 to evacuate, and housing them will be a challenge. But it's going to be an all-hands-on-deck, using every available resource at the community, provincial and federal level. More than 8,000 people have now left their homes in Saskatchewan, many of them evacuees from remote First Nations in the far north. 4,000 people have left Pelican Narrows, the largest community under an evacuation order. Hot, dry conditions and gusty winds are making conditions on the ground challenging. Water bombers are helping from Yukon, Quebec, Alaska and Oregon.
Starting point is 00:01:46 Alexander Silberman, CBC News, Montreal Lake, Saskatchewan. Industry leaders and Canadian politicians are condemning US President Donald Trump's plan to double steel and aluminum tariffs to 50%. Kianan Loomis is president of the Canadian Institute of Steel Construction. He warns the hike creates new uncertainty for companies and their workers. I know, for example, here in Hamilton, DeFasco has been very, very adamant.
Starting point is 00:02:11 We have not laid off anybody yet, and we will try to do everything we can to avoid job losses. So that was under 25%. I don't know how that calculus changes for them under a regime in which they are now faced with 50% tariffs at the border. It's going to be very difficult. Trump announced a plan at a steel plant near Pittsburgh. Those new tariffs are slated to
Starting point is 00:02:31 take effect this coming Wednesday, unless Trump changes his mind. In Singapore, US Defense Secretary Pete Hegsett says the Indo-Pacific region is a priority for the Trump administration, and it wants to build alliances while calling China a clear and present danger. Any attempt by communist China to conquer Taiwan by force would result in devastating consequences for the Indo-Pacific and the world. There's no reason to sugarcoat it. The threat China poses is real and it could be imminent. We hope not, but it certainly could be. Hanks has added that Asian countries wouldn't be stranded in the face of economic and military threats from Beijing, but he also urged countries to
Starting point is 00:03:12 start spending more on their own defense just as NATO members are being urged to ramp up their defense spending. China's calling Hanks' speech full of provocation. After 355 years in operation and months of liquidation sales, Canada's oldest company is closing on Sunday, and some shoppers are looking for last-minute bargains at Hudson's Bay. David Frazier has more. It's the end of the bay. Canada's oldest company in its four locations in the capital region closing this Sunday. Its final sales and a chapter in Canadian history almost over. It's a shame. It's a shame we're losing the, you know, the oldest company in the country. It's terrible. At the Rideau Centre location, bittersweet shopping. Maria Ford has been
Starting point is 00:03:55 buying at Hudson's Bay since she came to Canada in 1962. For history and for Canadians in general, we think of traditions. This is the biggest tradition, it's historical. Very little merchandise is left at the Rideau Street location, but everything that is, is for sale. Even the mannequins, shelves, clothing racks. Vera Bielik is looking to score some deals while she still can. Carpets, regular $460 or $40.
Starting point is 00:04:21 Huge signs advertising double digit discounts inside crowds at the cashiers. The last gasps of a giant in the market falling. More than 8,000 employees are losing their job. David Fraser, CBC News, Ottawa. And that is your Rule of Sour. Remember, you can listen to us wherever you get your podcasts updated every hour, seven days a week. For CBC News, I'm Neal Kumar.

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