The World This Hour - The World This Hour for 2025/06/06 at 07:00 EDT

Episode Date: June 6, 2025

The World This Hour for 2025/06/06 at 07:00 EDT...

Transcript
Discussion (0)
Starting point is 00:00:00 Hi, I'm Gavin Crawford, the host of Because News, Canada's funniest news quiz. Every week we make jokes out of the headlines with help from a panel of brilliant comedians like Alice Moran. Hi there, I'm a sweet little Alberta dirtbag with very gentle takes. They call me light, sweet, and crude. Half your job is making jokes, but the other half is scoring points. What subjects do you net the most points in? Sports, but also space, because I went to space camp so much as a kid, not to brag.
Starting point is 00:00:25 That's the exact amount of knowledge you need for this show. Stay vaguely informed while in good company. With me. Listen to Because News, available wherever you get your podcasts. From CBC News, it's the world this hour. I'm Joe Cummings. In the House of Commons today, we're expecting the Liberal government to table a bill on inter-provincial trade.
Starting point is 00:00:51 This is landmark legislation that drops most of the barriers that are currently preventing goods and workers from moving freely across the country. It's one of a number of initiatives Prime Minister Carney has promised in his campaign to retool the Canadian economy in the face of ongoing trade action from the Trump White House. Meanwhile, the latest employment report comes out today from Statistics Canada 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 across the country move
Starting point is 00:01:24 up to 6.9%. Now to Washington, and as the Trump administration's controversial budget bill is being considered by the Senate, it turns out it includes a clause that Canadian economists 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.
Starting point is 00:01:54 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 US President Donald Trump's One Big Beautiful Bill. If adopted, it would create a new withholding tax on things like dividends from US 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.
Starting point is 00:02:23 He calls Trump's proposal a nuclear option. Just like the U.S. is totally willing to blow up the international trade order, they're totally willing to blow up international tax rules. 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. Police say no one was hurt after a vehicle crashed overnight into the Pacific Coliseum arena in Vancouver. The incident happened right around 8 o'clock local time while a 08. 00. 00. 00. 00.
Starting point is 00:02:45 00. 00. 00. 00. 00. 00. 00. 00.
Starting point is 00:02:53 00. 00. 00. 00. 00. 00. 00. 00.
Starting point is 00:03:01 00. 00. 00. 00. 00. 00. 00. 00. a 30-year-old Vancouver man has been arrested under the Mental Health Act and the crash does not appear to be an act of terrorism. The Gaza Humanitarian Foundation says it's closing all its food distribution sites in the territory. Following a number of fatal shooting incidents near some of its venues in recent days, it says it's become too dangerous to continue operating.
Starting point is 00:03:21 The GHF is an agency formed in the U.S. earlier this year and supported by the Israeli government. It came together after the UN agency that had been distributing food and medical aid across Gaza was banned by Israel. Russia carried out a major aerial assault on Ukraine overnight. The widespread drone and missile strikes come after Russian President Vladimir Putin vowed to answer a Ukrainian rocket assault earlier this week. Anna Cunningham reports. President Vladimir Zelensky says almost all of Ukraine was hit with 400 Russian drones
Starting point is 00:03:55 and 40 missiles. In Turnipil in the northwest, people are being told to stay indoors as a large fire is dealt with. Ukraine also carried out strikes on Russia overnight targeting fuel reservoirs. President Vladimir Putin had warned Russia would retaliate for Ukraine's major drone attack on Russian air bases earlier this week. Sometimes you're better off letting them fight for a while and then pulling them apart. Says US President Donald Trump.
Starting point is 00:04:24 Referring to an analogy about children, he says he shared with Putin in a phone call. That view is unlikely to be shared by Ukraine's allies, including Canada, who are pushing to support Kiev whilst urging Moscow to agree to peace. But after failed peace talks this week, nothing more is scheduled. Anna Cunningham, CBC News, London. And that is the world this hour. 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.