The World This Hour - The World This Hour for 2025/11/04 at 21:00 EST

Episode Date: November 5, 2025

The World This Hour for 2025/11/04 at 21:00 EST

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I would like the table in both official languages. The budget documents for 2025. Finance Minister Francois-Philippe Champagne rises in the House of Commons. This is the first budget released with Mark Carney as Prime Minister, and it projects a $78 billion deficit. The plan is a major 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. In the budget aftermath, the Nova Scotia MP is resigning from the Conservative Caucus and

crossing the floor to join the Liberals. Chris Dantremont represents the riding of Akkadie Annapolis. He released a statement tonight. It says he's joining the Liberal Caucus to support the path promised in the new budget. Now to Louisville, Kentucky. Oh, my goodness! Witnesses watch in horror as a UPS cargo plane crashes and explodes into a massive fireball. Video shows flames on the plane's left wing and a trail of smoke just before the crash.

Andy Bashir is governor of Kentucky. At this time, we've got some initial numbers, but let me tell you, I expect them to grow. Right now we believe we have at least three fatalities. I believe that number is going to get larger. We have at least 11 injuries, some of them very significant, that are being treated. Louisville is home to the largest UPS shipping center in the world with 300 cargo flights per day. Some high-profile elections are being held across the U.S. today, and some results are coming in. Democrat Abigail Spanberger has won the governor's race in Virginia.

We're still waiting on the results of a ballot question in California on changing the electoral map, and the polls are now closed across New York City. The mayor's job is up for grabs in the Big Apple, and the race is getting worldwide attention. Chris Reyes reports. Zoran Mamdani is the surprise frontrunner in the race to lead the largest city in the U.S. His matchup against the former governor of New York, Andrew Cuomo, has revved up voters. Hundreds of thousands of New Yorkers showed up early to cast their ballot. We're all for Mandami, all ages. Tell us why you're voting for Cuomo. I think he's confident.

Promo has been pitching his experience to take on President Donald Trump and run a city that's riddled with problems, from cost of living to safety in the streets. This is going to determine the future of the city of New York. Mamdani, a self-declared democratic socialist, is promising to lower the cost of living with free buses, no-cost child care, and government-run grocery stores. We are on the brink of making history in our city, on the brink of saying goodbye to a politics. of the past. Chris Reyes, CBC News, New York. China says Canada is once again on the list of approved destinations for Chinese tour groups. The work that we've been doing to recalibrate

the Canada-China relationship has been ongoing for some weeks. Foreign Affairs Minister Anita Anand says this is a sign both countries want to advance their relationship. The move comes just days after Prime Minister Mark Carney met with Chinese President Xi Jinping. And that is your world this hour. I'm Neil Hurland.