The World This Hour - The World This Hour for 2025/11/04 at 06:00 EST
Episode Date: November 4, 2025The World This Hour for 2025/11/04 at 06:00 EST...
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from cbc news it's the world this hour i'm joe cummings today is budget day in ottawa it's the first budget for mark carney since he became prime minister
and he's already let it be known that there will be a mix of cuts to go along with new spending and a lot of that new spending is expected to be aimed at the military
Murray Brewster has more.
I think what we'll be doing in the budget is laying track to meet the 5% target by 2035.
Defense Minister David McGinty, trying to temper expectations about what the Defense Department and Canadians will see today.
The Liberal government committed to meeting NATO's 2% of GDP target just in time for the military alliance to boost it to 5%.
There have been a number of expensive promises and plans floated around, including replacing the Navy submarines.
Vice Admiral Angus Topshy, the commander of the Navy, suggests we won't see the full price tag for that today.
At this point, we're still working to refine the cost.
Defense expert Dave Perry says the military has a number of equipment plans that the liberals have talked about for years, but never put any money behind.
He's hoping to see specifics, not promises.
Presenting a forecast of how spending will increase over time.
The big influx of money presents a problem for D&D.
It has in the past had trouble spending its entire appropriation.
Mary Brewster, CBC News, Ottawa.
CBC Radio will have special coverage of today's budget rollout.
It begins at 4 o'clock Eastern on CBC Radio 1 and on the CBC Listen app.
Now to the Yukon election, and after nine years of the liberals being in office,
the Yukon Party has won a big majority.
It took 14 of the territory's 21 seats and Yukon has a new premier.
Nancy Thompson reports.
They chose a new path. They chose change.
Yukonners chose a strong majority Yukon Party government.
40-year-old Curry Dixon will be the first Yukon Premier to have been born in the territory.
The Yukon Party ran on a mantra of change, and voters here agreed.
Yukoners have told us that they want to see this change, and the good news is that change is here.
Dixon told the party faithful he'd use his solid majority to deal with the housing and health care crisis,
in the territory, and he promised the right-leaning Yukon party would wean the Yukon off its over-reliance
on government spending. And they've told us that we need to get our economy back on track to put
growth of the private sector at the forefront of our agenda. The Yukon NDP doubled its seat counts
to six. Liberal Premier Mike Pemberton in office for just five months lost his riding in a massive
defeat, a clear repudiation of the liberal brand. Nancy Thompson, CBC News, Whitehorse.
a plebiscite on the Yukon ballot. It had to do with election reform, and 56% voted in favor of doing
away with the current first-past-the-post system. In its place, the voters say they want a ranked
ballot process. But the results are non-binding, and the premier elect is on record as saying
he's not interested in changing the voting system. Voters in New York City will elect their new
mayor today, and as the polls open, 34-year-old Zohan Mondami is the frontrunner. He's up against
among others, former Governor Andrew Cuomo, who's being endorsed by the President of the United
States. Donald Trump just put out a statement encouraging New Yorkers saying they must vote for
Andrew Cuomo. We know and have known for months that Donald Trump would favor Andrew Cuomo as the
mayor. They share the same donors. They share the same small vision.
Andrew Cuomo incidentally stepped down as governor in 2021 amid multiple accusations of sexual harassment.
And that is the World This Hour. Remember, you can listen to us wherever you get your podcast. The World This Hour is updated every hour seven days a week. And for news anytime, of course, go to our website. We're at cBCNews.ca.
For CBC News, I'm Joe Cummings.
Thank you.
