The World This Hour - The World This Hour for 2025/09/05 at 06:00 EDT

Episode Date: September 5, 2025

The World This Hour for 2025/09/05 at 06:00 EDT...

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Starting point is 00:00:00 A lot of news podcasts give you information, the basic facts of a story. What's different about your world tonight is we actually take you there. Paul Hunter, CBC News, Washington. Margaret Evans, CBC News, Aleppo. Jerusalem. Ottawa. Prince Albert. Susan Ormiston, CBC News in Admiralty Bay, Antarctica.
Starting point is 00:00:18 Correspondents around the world, on the ground, and at the source where news is happening. So don't just know, go. Your world tonight from CBC News. Find us wherever you get your podcasts. From CBC News, it's the world this hour. I'm Joe Cummings. First of the economy and the latest employment numbers. They're being released later this morning,
Starting point is 00:00:48 offering an update on how the jobs market is weathering the ongoing Trump tariff campaign. Here's Peter Armstrong. Just walk down the main street of your town. or neighborhood. In most of Canada, it's not exactly overbrimming with optimism. And yet, the Canadian economy has shown a remarkable resiliency in the face of sweeping U.S. tariffs. Yesterday, trade numbers showed a sort of stabilization after a plunge in exports in April. And BMO Capital Market senior economist Shelley Koschuk says the jobs data should
Starting point is 00:01:20 broadly paint a similar picture. But she warns, there's a lot of distortion in the economy and a lot of moving parts as consumers and businesses adjust to the volatile moment we find ourselves. Hopefully we do get to some sort of normal or some sort of, you know, stability. BMO expects Canadian employers added jobs, but that the unemployment rate still rose in August. One more sign of an economy that may be doing better than expected, but is still struggling to find its footing. Peter Armstrong, CBC News, Toronto. Now this morning's jobs data won't include the last. latest development from Canada's auto sector. CBC News has learned a parts supplier in
Starting point is 00:02:00 Oshua, Ontario is planning to lay off 250 workers this month. It comes after General Motors announced it's cutting a third shift at its Oshua plant. Rochelle Rebendron has the latest. We are in a state of uncertainty. That's Unifor Local 222 President Jeff Gray. He represents GM workers at the Oshoa plant and also workers for TFT Global Incorporated. TFT supplies auto parts and has around 800 workers on the line. For weeks, these workers have been staring at a termination notice posted above the punch-in clock at the factory. It says 248 TFT workers will be laid off at the end of the month. In a statement, the company said that operations depend on GM shifts. Flavio Volpe, president of the automotive parts manufacturers association,
Starting point is 00:02:50 says Canadian workers throughout the supply chain are on edge. You send up to be an auto worker. You're going to go on your show. shift, you're going to get paid, and we're all a bit anxious. These job losses are the latest hit to Canada's auto sector amid ongoing U.S. tariffs. Rochelle Revengeron, CBC News, Oshawa. Still with economic news, Prime Minister Mark Carney is making an announcement this morning that will deal with what his office is calling Canada's strategic sectors. Carney and his cabinet wrapped up a two-day cabinet retreat yesterday that focused on,
Starting point is 00:03:19 among other things, fast-tracking resource projects and providing help to sectors suffering under the U.S. tariffs. Russian President Vladimir Putin says he's still willing to talk with his U.S. counterpart about ending hostilities in Ukraine. President Trump and I have an open dialogue. There is an arrangement in place that if needed, we can get in touch, talk to one another. President Trump knows that I'm open to those dialogues. I know that he is also open.
Starting point is 00:03:52 That's Putin speaking at an economic forum where he was. was asked about yesterday's meeting of the Coalition of the Willing, which continues to debate deploying troops to Ukraine once the fighting is over. Should any troops be placed in Ukraine, especially now in the course of the military action, we would treat those as righteous goals for an attack, a righteous target that we will aim for. Putin adds that he is okay with Ukraine joining the European Union, but not NATO. Portuguese officials say there is a high possibility that two Canadians may be among the 16 killed in this week's finicular crash in Lisbon. Canada's global affairs is saying it is still in contact with Portuguese officials.
Starting point is 00:04:36 Another Canadian is among the injured. Authorities have yet to determine what was responsible for the derailment. And that is the world this hour. For CBC4, news anytime, go to our website, cbcnews.ca. For CBC News, I'm Joe Cummings.

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