The World This Hour - The World This Hour for 2025/06/06 at 09:00 EDT

Episode Date: June 6, 2025

The World This Hour for 2025/06/06 at 09:00 EDT...

Transcript
Discussion (0)
Starting point is 00:00:00 So, how did the Liberals manage to win government while the Conservatives also boosted their voter support with voters almost evenly split between the two? And what will this mean for hopes of some cooperation on Parliament Hill this spring? I'm Catherine Cullen and every Saturday on The House, we cut through the noise to make politics make sense. Follow us wherever you get your podcasts as we explore these questions and answer yours. From CBC News, it's the world this hour. I'm Joe Cummings. For the third straight month,
Starting point is 00:00:40 Canada's unemployment rate is on the rise. The latest jobs report from Statistics Canada is showing it moved up to 7% in May. But as we hear now from Peter Armstrong, many analysts are surprised it isn't higher. All things considered, this is a much better report than it could have been and paints the picture of a resilient economy in the face of obviously tough times. We've been looking for signs that what we're hearing about the tariffs and the uncertainty and the forces they play in the economy, that that's gonna start showing up in the data.
Starting point is 00:01:13 We saw export numbers yesterday, pushed exports way down and trade deficit way up. So businesses are doing less business. That's eventually going to show up in the numbers like jobs data and GDP. But today it seems like the job market held on okay. All the growth we saw was in full-time jobs offset by losses in part-time. But it's still an undeniably difficult time. Unemployment at 7% outside of COVID. That's the highest we've seen since 2016. youth unemployment now an astounding 20.1%.
Starting point is 00:01:46 Peter Armstrong, CBC News, Toronto. It's one of the Liberal government's first big initiatives aimed at reshaping the Canadian economy. And it's being rolled out today in the House of Commons. It's a Liberals plan to drop inter-provincial barriers and open up trade right across the country. Janice McGregor reports. This bill is intended to be a centerpiece
Starting point is 00:02:06 of Canada's response to Donald Trump's trade threats. Industry Minister Melanesia Lee's under pressure from Canada's steel industry, and she's pitching this bill as a way to boost demand for Canadian building materials. During the election, there was a real consensus across parties about the need to drop internal trade barriers, build more infrastructure.
Starting point is 00:02:25 There's always the how that's harder to agree on. Pierre Poliev last month said that conservatives are going to vote for legislation based on whether they believe it's an improvement on the status quo, which is what led to the extraordinary scene in the Commons yesterday when all parties voted in favor of liberal tax cuts. That may be unlikely to repeat itself, but Mark Carney set a Canada Day deadline for at least introducing this. Whether it's going to slide through quickly now is the part he doesn't control. Janice McGregor, CBC News, Ottawa. Russia carried out another major aerial assault on Ukraine overnight. The widespread drone and
Starting point is 00:03:02 missile strikes come after Russian President Vladimir Putin vowed to answer a Ukrainian rocket assault earlier this week. And a Cunningham has more. President Vladimir Zelensky says almost all of Ukraine was hit with 400 Russian drones and 40 missiles. In Ternopil 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.
Starting point is 00:03:40 Sometimes you're better off letting them fight for a while and then pulling them apart. Says US President Donald Trump. 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. The Gaza Humanitarian Foundation says it is closing all its food distribution sites in the territory.
Starting point is 00:04:17 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. The GHF is an agency found in the US earlier this year and supported by the Israeli government. With the city of Edmonton buzzing, game two of the Stanley Cup final goes tonight. It's the Oilers at home against the Florida Panthers. With Edmonton leading this best of seven, one nothing. They took the opener earlier this week for three in overtime. And that is The World This Hour.
Starting point is 00:04:49 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.