The World This Hour - The World This Hour for 2025/06/03 at 21:00 EDT
Episode Date: June 4, 2025The World This Hour for 2025/06/03 at 21:00 EDT...
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From CBC News, the world this hour.
I'm Neil Herland.
U.S. President Donald Trump has signed the executive order to double steel and aluminum
tariffs.
They'll rise to 50 percent from 25% starting at midnight.
Canadian steel and aluminum producers have spent months hoping an already devastating
situation would improve.
But as Anish Heydari reports, it's about to get worse.
We come up with a plan on a 25% tariff and then as of June 4th, the tariff's going to
be 50%.
Trevor Borland owns Pacific Bolt Manufacturing in Langley, BC.
His company uses steel.
Their US sales already went off a cliff with the first round of tariffs.
But after Donald Trump surprised many by saying he would double steel and aluminum charges.
The bar gets changed so often and so frequently and so quickly, it's really hard to decide
or what to do.
Higher tariffs in the US mean even higher prices in that country for those Canadian
metals.
Nathan Janssen is an economist with RBC.
Demand for Canadian steel and aluminum will fall and lower prices in Canada.
Steel industry representatives have said hundreds of jobs have already been lost in Canada
and say they can't keep producing if one of their major markets,
the United States, is charging these tariffs.
NECDRE, CBC News, Calgary.
And just in the last hour, the office of Prime Minister Mark Carney released this statement.
It says the additional tariffs on Canadian steel and aluminum
announced today by the United States are unlawful and unjustified. Canada's new government is engaged in intensive
and live negotiations to have these and other tariffs removed as part of a new economic
and security partnership with the United States.
The Liberal government has introduced a new bill aimed at tightening security at the Canada-U.S. border.
Gary Anandasangary is the Minister of Public Safety. He calls it the Strong Borders Act.
With this new legislation, we'll ensure Canada has the right tools to keep our borders secure,
combat transnational organized crime and fentanyl, and disrupt illicit financing.
The bill gives border officers new powers to examine and search exports.
It also provides law enforcement agencies with new technology
to combat the fentanyl trade and illegal border crossings.
Anandasangari says the border bill would strengthen Canada's response
to national and economic security threats
and to enhance the integrity and fairness of the immigration system.
But he adds the legislation also includes measures that will address American concerns
and will help Canada sustain its partnership with the U.S.
Hot, dry and windy weather continues across the Prairie Provinces,
fueling wildfires that are forcing thousands of people from their homes.
The fire season has been early and active,
and officials say it's stretching resources to the max.
Aaron Collins reports.
A water bomber skims the tree line near La Ronge, Saskatchewan.
Residents hear some of the latest to be forced out by fires.
Waiting is the hardest thing on any evacuation.
When do we evacuate? When can we get ready?
After weeks on edge, Tom Roberts finally moving. on any evacuation. When do we evacuate? When can we get ready?
After weeks on edge, Tom Roberts finally moving. A slow retreat south from Larrange,
fast moving wildfires at his heels. Across western Canada, tens of thousands of people
are out of their homes. Dozens of out of control wildfires threatening communities
across the prairies and parts of BC and Ontario too.
Evacuees fanning out across the country. Winnipeg's train station a hub for some
forced out by fires. Officials in the north of the province urging residents
to get out. The federal government has announced more help for wildfire
evacuees joining with Manitoba and Saskatchewan to match donations to the Red Cross.
Aaron Collins, CBC News, Calgary.
And finally, an Ontario judge has approved the sale of the
Hudson's Bay Trademarks to Canadian Tire.
The deal will give Canadian Tire rights to the bay name,
its coat of arms, and the iconic stripes.
The deal is valued at $30 million.
And that is your World This Hour. For CBC News, I'm Neil Herland.