The World This Hour - The World This Hour for 2025/10/29 at 20:00 EDT

Episode Date: October 30, 2025

The World This Hour for 2025/10/29 at 20:00 EDT...

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Starting point is 00:00:00 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 Angie Seth.
Starting point is 00:00:37 Ontario has signed a deal that paves the road literally to the development of the ring of fire. The remote area in the provinces north contains a bounty of natural resources, especially minerals. And as Lisa Singh reports, the $40 million agreement with the Weboquay First Nation is about more than just a road. We look forward to working together. Cornelius Wabas, Chief of Webuquay First Nation, says he welcomes an official partnership with the province that will speed up the construction of a road to the ring of fire, about 600 kilometers north of Thunder Bay, Ontario.
Starting point is 00:01:14 It's a lot of hard work up ahead for us. Both the federal and provincial governments say the mineral-rich area will be a massive boon to the country's economy once developed, Premier Doug Ford. We're in a battle for the future of our province, for the future of our country. As part of the deal, the Ontario government will give nearly $40 million to build a community center, rebuild its airport terminal, and by material needed to build a road leading to the proposed mining site, a first of many steps, as not all first nations in the area are on board. Lisa Sching, CBC News, Toronto.
Starting point is 00:01:50 The Ontario Premier meantime, responding to reports regarding some rather undiplomatic behavior, from the U.S. Ambassador to Canada, it happened at an event in Ottawa early this week. Witnesses say U.S. Ambassador Pete Hochstra launched into a heated tirade about the anti-tariff campaign Ontario has been running in the United States. And it appears Ontario Trade Representative David Patterson took the brunt of the abuse. It was Premier Ford suggesting then the ambassador might want to make a phone call. I'm not telling him. I'm suggesting that, you know, you get hot-headed one day. Call Dave up. and say, I apologize, sorry, got a little heated.
Starting point is 00:02:28 So, you know, as simple as that. People get in disagreements. It's unbecoming of an ambassador. I've never heard of this in my entire life. Witnesses to the incident say Hoxtra used the F word and mentioned Premier Ford by name. CBC News has reached out to the U.S. Embassy, but it has declined to comment.
Starting point is 00:02:47 Alberta's Federation of Labor is threatening a province-wide general strike. It's over the province's use of the notwithstanding clause to get teachers back into. the classroom. AFL President Gil McGowan says the union will use all of the tools at its disposal to fight back against the United Conservative government. To play on the words of wartime Prime Minister McKenzie King, not necessarily a general strike, but a general strike if necessary. McGowan says the strike will not start today, but the Federation is going to start working toward a walkout. He's also calling for Danielle Smith, Oster, as Premier.
Starting point is 00:03:25 public school teachers in Alberta were on strike for three weeks before they were ordered back to work. The contract imposed on them was recently rejected by the majority of teachers. The Bank of Canada lowered interest rates once again this morning. The central bank's key overnight lending rate now sits at two and a quarter percent. Bank of Canada Governor Tiff McLem says the trade conflict with the United States has diminished Canada's economic prospects. Warning interest rates cuts can only do so much to stimulate the economy. In the border, meantime, the U.S. Federal Reserve has also cut its interest rate by the same amount. It is now ranging between 3.75 and 4%.
Starting point is 00:04:04 The Paris prosecutor says two detained suspects were handed preliminary charges, criminals conspiracy and theft committed by an organized gang for their involvement in the Louvre jewel heist. Four thieves made away with a hall of royal jewels worth more than $150 million Canadian. Lord Bakarou says an Algerian man was arrested at the Paris airport. He was about to flee the country. A second suspect, a French citizen with a history of theft arrests. Both have been identified by DNA traces found at the scene of the heist.
Starting point is 00:04:41 Two others, meantime, are still at large, and so far no jewels have been recovered. And that is the world this hour. For news any time, you can visit our website at cbcnews.ca. For CBC News, I'm Angie Seth. Thank you.

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