Your World Tonight Carney on tariffs, carbon capture, equine encephalitis, and more
Sep 3, 2025
Prime Minister Mark Carney discusses the long-term impact of American tariffs on Canada and the delicate balance of defense spending. The podcast dives into the surprising limitations of global carbon capture storage as a climate solution. Listeners learn about a human case of eastern equine encephalitis spread by mosquitoes and the associated health risks. Plus, the challenges faced by N.W.T. evacuees and the humanitarian crisis in Gaza underline pressing global issues. It's an eye-opening blend of politics, environment, and health.
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Budget: Investment With Belt-Tightening
- The government plans a budget that pairs targeted investment with spending cuts to rein in unsustainable growth in federal spending.
- Carney frames the approach as investing in defense and infrastructure while finding efficiencies across programs.
Tariffs Likely To Persist Short-Term
- U.S. tariffs remain a major near-term economic pressure with no immediate deal expected despite frequent leader communications.
- Cabinet is preparing for prolonged Canada-U.S. trade tensions and studying U.S. political strategy.
Avoid Shelving Worker Programs Abruptly
- Do consider keeping targeted temporary foreign worker streams for sectors with real labour shortages rather than full cancellation of the program.
- Polievre's proposal risks harming rural and seasonal businesses that lack local entry-level workers.