The World This Hour - The World This Hour for 2025/09/17 at 03:00 EDT

Episode Date: September 17, 2025

The World This Hour for 2025/09/17 at 03:00 EDT

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So come and enjoy a wide variety of games. And remember, when you play, local charities win. See how we play. Visit charitablegaming.ca. Please play responsibly. Charitable gaming, community good. From CBC News, The World This Hour. I'm Neil Hurland. Canadians are hoping for some relief today from the Bank of Canada.

The central bank is widely expected to cut its key interest rate this morning, which should make life easier for homebuyers and existing owners with variable rate mortgages. The U.S. Federal Reserve will also announce its latest interest rate this afternoon. Tim Waterer is Chief Market Analyst with KCM Trade. He says a series of rate cuts are expected this fall from the American Central Bank. 25 basis points that is expected by markets. The real intrigue will be when it comes to the Fed's summary of economic projections. In other words, what comes next after an expected cut?

Now, the Fed meets two more times this year in October and December, and right now markets are anticipating or even hoping that we'll see a further two cuts after this meeting. U.S. President Donald Trump has been criticizing the U.S. Fed for not cutting interest rates fast enough. He even tried to fire a member of the Fed board. Meantime, President Trump will meet King Charles this morning at Windsor Castle just outside London. Trump is getting the honor of a second state visit to the United Kingdom, a rare move by the British government to try to impress Trump amid trade talks. Colleen Graffy is a former U.S. diplomat.

Well, we have an unpredictable president who, wields a lot of power. And the fact that Britain has offered this historic second state visit, which clearly has captured his imagination, bodes well for ties between our two countries. Trump will meet with British Prime Minister Kier Starrmer tomorrow. Britain is trying to get Trump to lift his tariffs on steel. BC Premier David Eby will meet with Prime Minister Mark Carney later today, an attempt to promote BC resource projects that could use the federal government's backing. As Katie DeRosa reports, Eby wants Ottawa to focus on shovel-ready projects instead of another oil pipeline. B.C. Premier David Eby heads to Ottawa with one

key request. So we get our fair share. Eby will meet with Prime Minister Mark Carney one week after the PM announced that two of the five proposed nation building projects are in British Columbia, phase two of LNG Canada in Kittamat and the expansion of a gold and copper mine in northwestern BC. E.B. will try and put other BC projects on Carney's radar, including an expansion at the port of Vancouver. If you want to build an economy that is less dependent on the United States, you have to look west. An oil pipeline from Alberta to BC's north coast was not on the initial list of nation-building projects. Carney has not ruled it out, however. E.B. says there are no proponents for an oil pipeline, and like the Trans Mountain Pipeline, would require tens of billions in

taxpayer dollars. Karnie is expected to release the next tranche of major projects later this fall. Katie DeRosa, CBC News, Victoria. And finally, the Hollywood legend Robert Redford has died at the age of 89. Some of his films included The Sting, The Way We Were, and All the President's Men. Ali Shiazhan reports on the life of Robert Redford. I'll jump first. No. Then you jump first.

1969's Butch Cassidy and the Sundance Kid, one of many legendary. legendary titles Robert Redford was a part of during his six-decade-long career. Redford has died. His publicist confirming quote, he passed away at his home at Sundance in the mountains of Utah, the place he loved, surrounded by those he loved. Redford's official biographer, Michael Feeney Callan, says he was more than just a leading man. He was very focused on the issue of time and life and the opportunity he had in the talents he had to do something positive, contribute something positive.

Part of his legacy is climate activism and starting the Sundance Film Festival. Some of the greats he starred alongside are paying tribute. Merrill Streep's statement reads, One of the Lions has passed. Rest in peace, my lovely friend. And Jane Fonda says, he stood for an America we have to keep fighting for. Robert Redford was 89. Ali Chiesin, CBC News, Toronto.

And that is your world this hour. For CBC News, I'm Neil Hurland. Thank you.