The World This Hour - The World This Hour for 2025/11/04 at 17:00 EST

Episode Date: November 4, 2025

The World This Hour for 2025/11/04 at 17:00 EST

Hey, I'm Sarah Marshall, and there's one story from the past that I've been circling around for years now. This eight-part series traces the hidden history of the satanic panic in North America. We'll connect the dots from Victoria, BC, to the backroads of Kentucky. Satan was having a moment, the sensationalist heartthrob of our time. The Devil You Know, available now wherever you get your podcasts. From CBC News, the world this hour, I'm Stephanie Skanderas. I would like the table in both official languages. The budget documents for 2025.

Finance Minister Francois-Felieb Champagne rising in the House of Commons. This is the first budget released with Mark Carney as Prime Minister. It projects a $78 billion deficit and represents a shift from a government focused on social programs to industry. Marina von Stackleberg reports. This $78 billion deficit is nearly double what the previous liberal government pegged it at less than a year ago. This budget fundamentally shifts new government spending from programs to projects. Ottawa has earmarked $280 billion in capital spending over the next five years. Money for infrastructure, housing, defense, and tax credits, including for companies to write off new factories and technology.

It's an aggressive industrial policy to push back against the U.S. and try to spur private investment in Canada. To help pay for it, the Liberals plan to rein in spending on day-to-day government operations by $60 billion within five years. That includes cutting 40,000 jobs in the public service. The budget shows Canada's economic picture remains rocky. One sign, the federal government expects a significant spending uptick for employment insurance. Marina von Stackleberg, CBC News, Ottawa. Former U.S. Vice President Dick Cheney, who served two terms under George W. Bush, has died at age 84. It happened last night from complications due to pneumonia and cardiac disease.

Willie Lowry has more on how he'll be remembered. He is widely regarded as one of, if not the most powerful vice presidents in U.S. history. He helped to steer the country out of the ashes of September 11th. He was a major proponent of the war on terror and the invasion of Iraq, a move he defended long after it was proven that there were no weapons of mass destruction to find. A suggestion that's been made by some U.S. sectors that the president of the United States or any member of this administration purposely misled the American people on pre-war intelligence is one of the most dishonest and reprehensible charges ever aired in this city.

His career, though, was not limited to the vice presidency. He served in various positions under multiple presidents, including as White House Chief of Staff and as Secretary of Defense. In a statement, the former president, George W. Bush, said Cheney's death was, quote, a loss to the nation. Willie Lowry, CBC News, Washington. As the climate crisis grows increasingly dire, global efforts to curb emissions are slowing down. That's according to the annual UN emissions.

report released ahead of COP 30. The climate change conference will be held this month in Brazil. Anayat Singh has more. We need unprecedented cuts to greenhouse gas emissions in an ever-compressing time frame. Inga Anderson is the head of the UN Environment Program. Their annual emissions gap report says that current climate plans would lead to global warming of 2.3 to 2.5 degrees over the course of this century. That's only a slight improvement from last year when we were head.

to 2.6 to 2.8 degrees, and far from the 1.5 degrees, scientists say is a relatively safe limit. Antonio Guterres, the UN Secretary General. But this is no reason to surrender. It is a reason to step up and speed up. The UN hopes the message spurs action at the upcoming climate chain summit this month in Brazil's Amazon rainforest, where leaders will face the daunting task of carving out space for climate action in a sea of conflicting economic and geopolitical priorities. In Ayat-Sing, CBC News, Toronto. In the Philippines.

At least 46 people are dead after a powerful typhoon struck the nation on Tuesday. It caused severe flooding in many areas. Thousands had to evacuate as their homes were submerged. It's expected to make landfall in Vietnam Thursday. And that's the world this hour. For CBC News, I'm Steph. Gendaris.