The World This Hour - The World This Hour for 2025/11/03 at 06:00 EST

Episode Date: November 3, 2025

The World This Hour for 2025/11/03 at 06:00 EST...

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Starting point is 00:00:00 This ascent isn't for everyone. You need grit to climb this high this often. You've got to be an underdog that always over-delivers. You've got to be 6,500 hospital staff, 1,000 doctors, all doing so much with so little. You've got to be Scarborough. Defined by our uphill battle and always striving towards new heights. And you can help us keep climbing.
Starting point is 00:00:27 Donate at lovescarbro.cairbo. From CBC News, it's the world this hour. I'm Joe Cummings. Heading into tomorrow's federal budget, many analysts have been suggesting that the money the Carney government has been collecting from U.S. counterteriffs could go toward bringing down the deficit. But it turns out the $3 billion collected up to now is significantly less than what had being expected.
Starting point is 00:01:00 Darren Major reports. $3 billion is a fraction of the 20 billion the liberal election platform estimated would be collected this fiscal year. While the fiscal period officially ends in March, Prime Minister Mark Carney removed a swath of tariffs starting in September. He said at the time removing the tariffs would help advance trade talks with the U.S. But a deal has yet to be finalized. Now the liberals are set to table a budget and Carney has signaled the deficit will be larger
Starting point is 00:01:22 than the last fiscal update. When asked about the revenue loss from removing the tariffs, finance minister Francois-Ferlip Champagne defended the move. Things change quickly. We always need to adapt and review our posture, but what we're doing is to support Canadian industry. Catherine Cobden, President of the Canadian Steel Producers Association, says she's not surprised by the $3 billion figure. She argues exemptions should have only been granted to products that can't be produced in Canada. We really need to fix the remission process in our country. It is broken. But Bill Robson from the C.D. Howe Institute argues that tariffs hurt the economy and are a bad way to boost
Starting point is 00:01:53 the federal coffers. We do need to raise revenue, but there are less paying. ways of doing it. Terrace are a very damaging way of raising revenue. Darren Major, CBC News, Ottawa. Now to an earthquake in northern Afghanistan. It's a body of a young girl being pulled from the rubble of a collapsed building. The 6.3 magnitude earthquake hit early this morning, and the number of confirmed debt at this point has reached 20. But the Afghan Ministry of Defense is saying that number is expected to eyes. The epicenter is the city, it was near the city of Mazay Sharif, where buildings have
Starting point is 00:02:34 collapsed and power lines have been brought down. That's left a significant region of the country without electricity, including the capital Kabul. Israel has now confirmed that the three bodies received from Hamas over the weekend are all Israeli soldiers. The confirmation means there are now the remains of eight hostages yet to be returned from Gaza. Crystal Gamansing reports now from Jerusalem. Sarah Davies says the International Committee of the Red Cross takes the responsibility of its work facilitating handovers as a neutral party with care. When each hostage and remains of hostages are returned home, what it means for their families. Every few days, more bodies are handed over, a slow recovery and return process that's exerted pressure on a fragile peace. Not all of the
Starting point is 00:03:23 bodies have been hostages with accusations that Hamas is playing games. The three bodies returned last night are from the deceased list. 20 of 28 have now been returned. As of Humanei, Os Daniel and Omer Nutra were soldiers killed October 7th during the Hamas-led attacks on Israel, killed in what Israel defense forces called defensive battles, and then their remains kidnapped and taken into. Gaza. Crystal Gamanscing, CBC News, Jerusalem. Now to Washington and the ongoing government shutdown.
Starting point is 00:04:01 They become crazed lunatics. And all they have to do, Nora, is say, let's vote. It's U.S. President Donald Trump appearing last night on the CBS program 60 Minutes. The Democrats maintain they want assurances that Trump will be open to extending the current health care subsidies that are due to expire. But Trump says, no. All they have to do is raise five hands. We don't need all of them. But so you're saying your plan is to tell the Democrats to vote to end the shutdown. Correct. Very simple.
Starting point is 00:04:30 And that you will put forward a health care plan? No, we will work on fixing the bad health care that we have right now. We have terrible health care at too expensive for the people. Trump says the Democrats will either have to capitulate or the Republicans should look at ending the Senate filibuster. That would allow legislation to pass by a simple majority. And that is the world this hour. For CBC News, I'm Joe Cummings.

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