The World This Hour - The World This Hour for 2025/06/05 at 12:00 EDT

Episode Date: June 5, 2025

The World This Hour for 2025/06/05 at 12:00 EDT...

Transcript
Discussion (0)
Starting point is 00:00:00 The ocean is vast, beautiful, and lawless. I'm Ian Urbina back with an all new season of The Outlaw Ocean. The stories we bring you this season are literally life or death. We look into the shocking prevalence of forced labor, mine boggling overfishing, migrants hunted and captured. The Outlaw Ocean takes you where others won't. Available on CBC Listen or wherever you get your podcasts. From CBC News, it's the World This Hour.
Starting point is 00:00:39 I'm Joe Cummings. For the first time since the Trump tariffs were rolled out, we're getting details on the damage being done to the Canadian economy. And that damage is significant. Scott Peterson reports. We're going from the theoretical, how might the tariffs affect the Canadian economy,
Starting point is 00:00:58 to seeing some real hard evidence about how dramatic these tariffs are impacting our exports in particular. Our merchandise trade deficit was 7.1 billion dollars, the largest that we've ever had on record. Exports down 11%, imports 2 down about 3.5%. Another metric to use here is the exports of motor vehicles and parts down dramatically, about 17.5%. Passenger cars, light trucks down 23%. And finally, the exports of consumer goods down about 15.5% to about $7 billion in April.
Starting point is 00:01:33 Crude oil exports down, energy down, and the response so far has been quick. Economists calling this surprisingly ugly, saying that Canada will not be out of the woods for a few months, and really underlining the problem going forward is the uncertainty or the certainty of more confusion regarding the implementation of tariffs in the future. Scott Peterson, CBC News, Toronto. And these numbers come out as Canadian steel company executives and union officials are
Starting point is 00:01:59 in Ottawa looking to convince the federal government to respond to President Trump's latest tariff hike. They want Ottawa to immediately implement matching tariffs. In retaliation to the Trump move this week that doubles American tariffs on Canadian steel and aluminum. Defense Minister David McGinty says Ottawa is reviewing its defense plans from, quote, top to bottom.
Starting point is 00:02:21 McGinty is meeting with his NATO counterparts in Brussels, where Canada is once again under pressure to boost its military spending. Our prime minister has been unequivocal. Canada will invest in its defenses, rebuild its military capacities and meet the moment with purpose and with urgency. Canada has been struggling to meet the minimum NATO funding benchmark, which is currently 2% of gross domestic product, and it's possible that will only get harder. Later this month, NATO leaders, under pressure from Washington, will consider boosting the
Starting point is 00:02:51 minimum to 5 percent of GDP. Following a special operation carried out in southern Gaza, the Israeli military has recovered the bodies of Canadian Judy Weinstein Hagge and her husband, Gaddi. It's a news breaking today on Israeli radio. The couple was among the victims of the Hamas attacks of October 7th. Their remains were recovered just outside Hanunis. Judy Weinstein Hagge was born in New York but grew up in Toronto. Most recently she'd been teaching English to children with special needs
Starting point is 00:03:28 at a kibbutz near the Gaza border. An Australian woman accused of serving deadly mushrooms in a beef Wellington meal is on trial for murder. Phil Mercer has the details now from Sydney. Aaron Patterson has pleaded not guilty to three charges of murder and one of attempted murder after allegedly serving relatives a lunch that she had deliberately laced with deadly toxic mushrooms. This was all back in July of 2023.
Starting point is 00:03:59 Now the defense says that she had unintentionally served poison to family members that she loved and that the deaths were a tragic mistake. The prosecution is continuing its cross-examination trying to convince the jury that Erin Patterson is a calculated killer who deliberately foraged for toxic death cap mushrooms before measuring a fatal dose on her kitchen scales. And she's also accused of luring her estranged husband's parents and his aunt and uncle to the lunch by falsely claiming that she had cancer. Phil Mercer for CBC News, Sydney.
Starting point is 00:04:39 And that is the World This Hour. Remember, you can listen to us wherever you get your podcasts. The World This Hour is updated every hour seven days a week. And for news anytime go to our website cbcnews.ca. For CBC News, I'm Joe Cummings.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.