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

Episode Date: June 6, 2025

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

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Starting point is 00:00:00 The election may be over, but that certainly doesn't mean things are settled on Parliament Hill, and that gives At Issue a lot to talk about. I'm Rosemary Barton, CBC's Chief Political Correspondent, and every week I'm joined by three of Canada's top political journalists, Chantelle Baer, Andrew Coyne, and Althea Raj, to help you understand what's at stake as the Liberals settled in for another minority and the Conservatives try to hold them to account. Follow At Issue as we break down the biggest stories in Canadian politics. New podcasts every Friday.
Starting point is 00:00:34 From CBC News, it's the World This Hour. I'm Joe Cummings. We're expecting the Liberal government to table a bill today on interprovincial trade and labour mobility. This would be landmark legislation that drops most of the barriers that are currently preventing the free flow of goods and workers across the country. It's one of a number of initiatives Prime Minister Mark Carney has promised in his campaign
Starting point is 00:01:00 to retool the Canadian economy in the face of ongoing trade action from the Trump White House. Speaking of labour, the latest employment report comes out today from Statistics Canada. It's for the month of May and most analysts are expecting to see anywhere from 10,000 to 15,000 job losses. This follows the April report that saw the unemployment rate move up to 6.9%. Indigenous business leaders meeting this week near Calgary are saying they agree Canada needs to build energy infrastructure, but they're already concerned that First Nations communities aren't being properly consulted. Paulette DeHatchick has more.
Starting point is 00:01:40 Broadly speaking, are First Nations or Indigenous communities opposed to development? Absolutely not. John Rawinsky is CEO of the Economic Development Corporation for Hiawatha First Nation near Peterborough, Ontario. We want to participate. We want to participate on terms that work for us. Amid the threat of U.S. tariffs, politicians have been scrambling to show they can get major projects built fast and boost the country's economy. But bills aimed at speeding up these projects in Ontario and BC have been met with strong opposition from First Nations. CEOs of this week's conference, like Karen Ogan, with the First Nations Natural
Starting point is 00:02:13 Gas Alliance say they don't see development as a bad thing. With the threat of the tariffs, we need to diversify. But she says if First Nations aren't properly consulted, they will push back to get a seat at the table. If there's going to be opposition and blockades, so be it. Officials in B.C. and Ontario have said they do plan to work with First Nations going forward. Paula Duhaczek, CBC News, Sutena, Alberta. Now to Washington, and as the Trump administration's controversial budget bill is being considered
Starting point is 00:02:41 by the Senate, it turns out it includes a clause that Canadian economic analysts are calling alarming. Elizabeth Thompson explains. Billions, absolutely billions for sure would be the impact. It's a small obscure clause in a very big bill. But if the US Congress adopts it, experts like Kim Moody say it could cost Canadians and Canadian companies a lot. If Canada and the United States allows this to take hold, the result will be chaos, absolute chaos. The concern centers on Section 899 of U.S. President Donald Trump's One Big Beautiful
Starting point is 00:03:16 Bill. If adopted, it would create a new withholding tax on things like dividends from U.S. stocks. It would apply to anyone who lives in a country the US designates as having unfair taxes. Experts say Canada is likely to be on the list. David MacDonald is a senior economist with the Canadian Centre for Policy Alternatives. He calls Trump's proposal a nuclear option. Just like the US is totally willing to blow up the international trade order, they're totally willing to blow up international tax rules.
Starting point is 00:03:41 As for Finance Minister François-Philippe Champagne, he's studying Trump's proposal and waiting to see what the U.S. does next. Elizabeth Thompson, CBC News, Ottawa. There's news from Gaza this morning that the Gaza Humanitarian Foundation, or the GHF, is closing all its food distribution sites in the territory. It says it's too dangerous for those receiving aid, citing recent deadly shootings near some of the venues. The GHF is a controversial agency backed by Israel and the United States. It was formed after the United Nations Agency previously providing food aid was banned from
Starting point is 00:04:15 Gaza by Israel. Russia has launched another large-scale attack on Ukraine. Ukrainian President attack on Ukraine. Ukrainian President Vladimir Zelensky is saying Russia fired more than 400 drones and 40 missiles overnight with multiple explosions heard in and around the capital, Kiev. The mayor of Kiev is saying at least four people have been killed and dozens more injured. 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. For CBC News, I'm Joe Cummings.

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