The World This Hour - The World This Hour for 2025/10/30 at 01:00 EDT

Episode Date: October 30, 2025

The World This Hour for 2025/10/30 at 01:00 EDT

Chambers Plan employee benefits is not for profit and that's great for your business. Chambers Plan supports businesses with 1 to 50 plus employees across Canada and reinvest surpluses to help keep rates stable. Get flexible coverage for you and your employees with outstanding customer service and unmatched value. Benefit together with Chambers Plan. Learn more at hellochambers.ca. From CBC News, the world this hour, I'm Neil Hurland.

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 Chip 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 than 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. The Alberta Federation of Labor is threatening a province-wide general strike over the province's use of the notwithstanding clause to get teachers back in the classroom,

AFL President Gil McGowan. To play on the words of wartime Prime Minister McKenzie King, not necessarily a general strike, but a general strike if necessary. 51,000 public school teachers in Alberta were on strike for three weeks before they were ordered back to work. 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

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, the Toronto Blue Jays won game five of the World Series tonight. Jeff Hoffman finishes it off and the Blue Jays come into L.A.

Take two out of three here, beating them tonight six to one. and they're up three games to two in the World Series. The Jays are now one-win away from becoming World Series champions. Well, Canadian singer Rufus Wainwright sang, Oh, Canada at the World Series tonight, and he had difficulty with both the English and French lyrics. At one point to At one point he tried to use the new gender-neutral English lyrics of the anthem

but mangled the words. He also changed some of the French lyrics, much to the dismay of francophones who roasted him online. And that is your world this hour. I'm Neil Hurland. Thank you.