The World This Hour - The World This Hour for 2025/11/05 at 06:00 EST

Episode Date: November 5, 2025

The World This Hour for 2025/11/05 at 06:00 EST

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.

Donate at lovescarbro.cairbo. From CBC News, it's the world this hour. I'm Joe Cummings. With the liberal budget formerly tabled in the House of Commons, the government's job now is to sell it to Canadians. And what Prime Minister Mark Carney and Finance Minister Francois-Ferilippe-Champaign are selling is a document that looks years down the road at a crisis that's happening right now. Peter Armstrong reports.

Mr. Speaker, the budget I present today comes at the time of profound change. In the House of Commons, finance minister Francois Philippe Champagne lays out the plan his government is crafted to help the economy not just survive the tariff crisis, but to thrive in spite of it. Businesses are being asked to bet big on the liberal promise to get Canadian products to market. The budget is meant to buy time, time for these measures to be implemented and take shape. but the damage being done to the economy is happening in real time. Sawhir Khan, Vice President of the Institute of Fiscal Studies and Democracy at the University of Ottawa, says the clock is ticking. And I don't think these measures are really going to kick in in the short term.

It's about confidence in the short term, but the results of a major capital strategy and defense strategy are going to be felt over decades. And therein lies the hard part. Can the economy keep its head above water long enough for the budget and its changes to start playing out? Peter Armstrong, CBC News, Toronto. Meanwhile, the U.S. tariffs that have shaped the direction of the liberal budget face a crucial test today in Washington. The U.S. Supreme Court will be hearing arguments in a case that look to determine if the tariffs are legal. Mike Crowley has more.

It's one of the most important decisions in the history of our country. U.S. President Donald Trump showing just how badly he wants to win this case. At stake, billions of dollars' worth of tariffs he's imposed on imports from dozens of countries, including Canada. Without tariffs, our country would be in great jeopardy. The case before the Supreme Court does not address the tariffs Trump has levied on specific sectors. Instead, it's focused on Trump's use of an economic emergency law to hit countries with broad-based tariffs over cross-border fentanyl trafficking and long-running trade deficits. He's saying that this is an emergency.

Harold Hongzhou Coe is a professor at Yale Law School. It's a persistent problem, not an unusual, an extraordinary threat that has suddenly arisen. The case was brought by small businesses who say the president violated the Constitution with his tariff regime. The lower court rulings all went against the administration. Mike Crowley, CBC News, Washington. Still in the U.S., voters in New York City have elected a new mayor. He is 34-year-old, Sauron Mondabi. Katie Nicholson has the details. A triumphant end to a juggernaut of a campaign. The working people of New York have been told by the wealthy and the well-connected that power does not belong in their hands.

Zoran Mamdani with a fiery speech. Over the last 12 months, you have dared to reach for something greater. The 34-year-old Democratic Socialist rapidly ascended to mayor-elect on promises to make life in New York more affordable, free buses, child care, rent freezes, and government-run grocery stores. This race, seen by some as a barometer reading, One year after voters elected Donald Trump to a second term in the Oval Office and one year before the crucial midterm elections.

Trump injected himself into the New York race. He endorsed former governor Andrew Cuomo, a longtime Democrat, and suggested he would pull federal funding from the city if Momdani won. Katie Nicholson, CBC News, Washington. It was also a big night for Democrats elsewhere in the U.S. The party was able to win some key elections, including putting new governors in Virginia and New Jersey. And in California, voters approved Proposition 50. It allows the state to redraw its district maps, which is a big boost for the Democrats heading into next year's midterms.

And that is the world this hour. For news anytime, go to our website, cBCNews.ca. For CBC News, I'm Joe Cummings. Thank you.