The World This Hour - The World This Hour for 2025/10/22 at 20:00 EDT

Episode Date: October 23, 2025

The World This Hour for 2025/10/22 at 20:00 EDT

The spirit of innovation is deeply ingrained in Canada, and Google is helping Canadians innovate in ways both big and small, from mapping accessible spaces so the disabled community can explore with confidence, to unlocking billions in domestic tourism revenue. Thousands of Canadian companies are innovating with Google AI. Innovation is Canada's story. Let's tell it together. Find out more at g.co slash Canadian Innovation. from cbc news the world this hour i'm mike miles prime minister mark carney says with

canada facing economic challenges it is time to get bold this past hour he gave some hints as to what's in the upcoming federal budget we can chart new courses again we used to take big bold risks in this country it is time to swing for the fences again we will make generational investments with a plan to protect our communities, our borders, our way of life. We will build a stronger economy where everyone has a chance to get ahead. And we will empower Canadians with new opportunities, better careers, and a lower cost of living. That budget will be tabled November 4th. Carney's been talking with party leaders to hear them out and feel them out for potential support.

The liberal government is in a minority and it could fall if the spending bill fails, possibly meaning a second election this year. The U.S. is slapping sanctions on Russia's two biggest oil companies. Look, these are tremendous sanctions. These are very big. And we hope that they won't be on for long. We hope that the war will be settled. President Donald Trump says it was simply time. The sanctions come after Moscow bombarded Ukraine with drones and missiles in an attack that killed several people, including children. Earlier this week, Washington had shelved plans for face-to-face negotiations between Trump and Vladimir Putin in Budapest.

The U.S. President wants both Russia and Ukraine to freeze the fighting along current front lines, an idea rejected publicly by both Kiev and Moscow. Alberta is planning to make it easier for residents to pay privately for screening tests. Patients would only be reimbursed if the tests identified a life-threatening condition. Julia Wong has more. Alberta's preventative health services minister, Adriana Lagrange, says the province will allow Albertans to privately buy diagnoses. tests. That will include MRIs, CT scans, full body scans, and blood work. If the test reveals

a life-threatening condition, the provincial government will cover the cost of the test. If it does not, no reimbursement. It means the government will save massive amounts of tax dollars by catching an individual's health problem much earlier. Health policy expert Lorien Hardcastle at the University of Calgary says equitable access is a concern. If we have people, who are very sick and can't afford to buy private services and those people are being made to wait longer, they could end up in worse shape and costing the public system more. Hardcastle also questions whether Ottawa could withhold federal money because Alberta will allow private payments for medically necessary services.

Julia Wong, CBC News at Minton. A cryptocurrency exchange registered in BC has been fined $177 million. dollars. Canada's financial intelligence agency says it failed to flagged thousands of transactions linked to criminal activity. As Cameron McIntosh tells us, it's the largest fine Fintrack has ever levied. Cryptomost now, 7 million of transactions. On YouTube, Cryptomust builds itself as a safe and secure platform for cryptocurrencies. And hundreds of thousands of satisfied users. FinTrack, Canada's National Financial Intelligence Agency, says it found the platform hosted more than 2,500 transactions. actions connected to child pornography, fraud, ransomware, and evasion of sanctions against Iran.

But we are systematically being exploited by bad actors. Security expert Christian Lubrik says, while the heavy fine serves as a deterrent to others, the case exposes weaknesses in Canada's financial regulation. The best we can do is levy a large fine that is unlikely to be paid. The federal government says it's including funding for a new financial crimes agency in the next federal budget. Cameron McIntosh, CBC News, Winnipeg. The director of the Louvre Museum has acknowledged a terrible failure that led to the weekend jewel heist.

Lawrence Descartes told the French Senate she offered to resign, but it was refused by the government. She says the theft exposed a number of weaknesses, including a shortage of security cameras. The museum reopened today after being closed since Sunday morning. That is your world this hour? News. I'm Mike Miles.