The World This Hour - The World This Hour for 2025/10/29 at 23:00 EDT
Episode Date: October 30, 2025The World This Hour for 2025/10/29 at 23:00 EDT...
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From CBC News, The World This Hour, I'm Neil Hurland.
Prime Minister Mark Carney and U.S. President Donald Trump sat right across from each other at a summit in South Korea.
Their relationship strained and trade talks terminated in the fallout of an anti-tariff at.
Now, the Premier of Ontario wants an apology from an American official who had plenty to say the other night.
Murray Brewster has more.
Awkward. That's about the only way to describe the snippet.
The media got to see of Donald Trump and Mark Carney's dinner with other leaders.
This was the first face-to-face meeting since Trump blew up trade talks last week.
While Carney was busy managing the fallout of Ontario's anti-tariff ad,
Doug Ford was doubling down.
President Trump is taking direct aim at Ontario and Canada.
Ford was asked about reports that the U.S. ambassador to Canada, Pete Hoekstra, went on an expletive-laden rant against Ontario's trade representative in Washington.
Come on, Pete, call the guy up and apologize. Let's start getting back on track.
Getting back on track may be easier said than done. With Trump, not keen to resume negotiations in the near term, and his pledge of additional tariffs on Canada,
Carney's goal of finding another trading partner becomes more complicated.
Murray Brewster, CBC News, Kiyong Ju,
South Korea. The Bank of Canada lowered interest rates once again Wednesday. The central bank's
key overnight lending rate now sits at 2.5%. As Peter Armstrong reports, economists and Canadians
are now waiting for next week's federal budget. Good morning, everyone. I'm very pleased to be here.
Bank of Canada Governor Tiff Macklam knows the Canadian economy is suffering. The problem is he doesn't
think the solution is necessarily lower interest rates. The weakness we're seeing in the Canadian economy
is more than a cyclical downturn.
It's also a structural adjustment.
The U.S. trade conflict has diminished Canada's economic prospects.
Macklems says changes in borrowing costs can only do so much.
So he cut rates, but he warns that may be it for now.
That means all eyes now turn to next week's federal budget.
What can Ottawa do to address that structural transition?
Can major projects like pipelines, mines, and better ports do a better job of juicing the economy?
economy, then a cut to interest rates.
The central bank will meet again in December by then.
Mackleham hopes he'll have more information about what's being spent, what is working,
and where trade talks have landed.
Peter Armstrong, CBC News, Toronto.
Jamaica is getting a clearer picture of the devastation left by Hurricane Melissa.
Homes, schools, even hospitals have been destroyed, and rescue efforts are complicated
as most of the country remains without power.
In Haiti, the storm is being blamed for at least four.
40 deaths. The CBC's Chris Reyes has reaction. Total devastation. That's police officer
Worrell Nicholson, surveying the damage in Black River, Jamaica in the western part of the
island, most affected by Hurricane Melissa. The entire island nation is reeling after Category 5
Hurricane Melissa hit on Tuesday, moving across the island over a six-hour period. It was the
strongest recorded storm to make landfall in the country's history. Officials are only beginning to survey
the extent of the damage. Many parts of the country are still unreachable. Desmond McKenzie is with the
Jamaican government. The calls that you have gotten are distress calls, our persons trap on roof.
Other parts of the Caribbean are also assessing the damage. Hurricane Melissa's path drenched Haiti
with floodwaters turning deadly. The United Nations is coordinating efforts to bring in relief
supplies, some of it already waiting in hubs in nearby Barbados.
Chris Reyes, CBC News, New York.
In baseball news, it's game five of the World Series tonight.
The Toronto Blue Jays are playing the L.A. Dodgers right now.
The Jays are ahead, 6-1 in the bottom of the ninth inning.
The series is now tied at two games each.
Game 6 is Friday in Toronto.
And that is your world this hour.
For CBC News, I'm Neil Hurland.
Thank you.
