The World This Hour - The World This Hour for 2025/06/06 at 11:00 EDT
Episode Date: June 6, 2025The World This Hour for 2025/06/06 at 11:00 EDT...
Transcript
Discussion (0)
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.
I'm Joe Cummings.
For the third straight month, 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.
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 percent. 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 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. There's
always the how that's harder to agree on. Pierre Pauliev 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 favour
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.
Meanwhile, Prime Minister Carney has invited Indian Prime Minister Narendra Modi to attend this month's G7 Leaders Summit in Ganonascis, Alberta.
Carney issued the invitation today in a telephone call with Modi.
Canadian-Indian relations have been cool in recent years, after former Prime Minister
Justin Trudeau alleged that Indian agents were involved in the murder of Canadian Sikh
leader Hardeep Singh Nijher.
Russia carried out another 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 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.
Sometimes you're better off letting them fight for a while
and then pulling them apart,
says U.S. 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.
If you're jumping on the Euler bandwagon, game two of the Stanley Cup final goes tonight
in Edmonton.
The Oilers and Florida Panthers, with Edmonton leading the best of seven, one nothing.
They took the opener earlier this week with a 4-3 overtime win.
And that is The World This Hour.
For CBC News, I'm Joe Cummings.