CBCNEWS — The National
20260812 090000 UTC
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[00:00:25] (♪) >> Crystal: TONIGHT, CBC NEWS
[00:00:27] HAS LEARNED CANADIAN AND U.S.
[00:00:30] NEGOTIATORS ARE AIMING TO SEND A POTENTIAL TRADE DEAL TO THE
[00:00:33] WHITE HOUSE BY NEXT WEEK.
[00:00:39] >> WE WILL HAVE SOMETHING TO SAY
[00:00:40] WHEN THE MOMENT IS RIGHT. >> Crystal: TALKS ARE CLEARLY
[00:00:44] HEATING UP, BUT THE U.S. PRESIDENT WILL GET THE FINAL SAY. >> IT IS QUITE POSSIBLE THAT THINGS WILL GET TOUGHER THIS
[00:00:47] WEEK. >> Crystal: CAN HE BE SWAYED TO BACK OFF HIS LATEST TARIFF THREAT?
[00:00:50] (♪)
[00:00:55] >>> REPORTS OF A SECRET
[00:00:56] OPERATION TO MOVE DONALD TRUMP
[00:00:59] OFF OF AIR FORCE ONE JUST BEFORE TAKEOFF OVER FEAR THAT IRAN
[00:01:02] COULD ATTACK. >> THEY CLEARLY THOUGHT THAT THE THREAT WAS IMMINENT.
[00:01:05] >> Crystal: THE PRESS AND STAFFERS LEFT IN THE DARK AND
[00:01:24] CRYSTAL GOOMANSINGH.
[00:01:30] >>> THERE IS SIGNIFICANT MOVEMENT TONIGHT ON A POTENTIAL
[00:01:34] TRADE DEAL BETWEEN CANADA AND THE UNITED STATES.
[00:01:38] SOURCES TELL CBC NEWS TOP OFFICIALS ARE HOPING TO GET A
[00:01:41] PROPOSAL ON THE PRESIDENT'S DESK AS EARLY AS MONDAY.
[00:01:45] BOTH SIDES MET AGAIN IN
[00:01:47] WASHINGTON TODAY, TRYING TO INCH CLOSER TO AN AGREEMENT, AND THEY
[00:01:51] ARE ON THE CLOCK.
[00:01:55] TRUMP'S LATEST ROUND OF TARIFFS ON HUNDREDS OF CANADIAN
[00:01:58] GOODS COULD KICK IN NEXT WEEK. CANADA'S GOAL IS TO ENSURE THAT
[00:02:01] THOSE TARIFFS ARE TURFED, BUT
[00:02:02] THEY'RE NOT STOPPING THERE.
[00:02:05] KATE McKENNA NOW ON THE PUSH TO GET ACROSS THE FINISH LINE.
[00:02:09] >> HOW ARE YOU FEELING? >> I ALWAYS FEEL GOOD.
[00:02:12] >> Reporter: CANADA'S U.S. TRADE MINISTER IS SAYING LITTLE
[00:02:14] HEADING INTO A MEETING WITH HIS AMERICAN COUNTERPART -- THEIR
[00:02:17] THIRD IN THREE WEEKS, MARKING THE END OF AN IMPASSE AND MAYBE
[00:02:20] MOMENTUM.
[00:02:23] >> IT IS QUITE POSSIBLE THAT THINGS WILL GET TOUGHER THIS
[00:02:26] WEEK, THAT OFTEN HAPPENS NEAR THE END.
[00:02:30] AND THAT SOMETIMES CAN BE A GOOD SIGN. >> MINISTER, HOW CLOSE ARE WE TO A DEAL?
[00:02:33] >> Reporter: ABOUT AN HOUR LATER DOMINIC LeBLANC EMERGED, OFFERING NO DETAILS.
[00:02:37] >> WE WILL HAVE SOMETHING TO SAY WHEN THE MOMENT IS RIGHT. >> Reporter: BUT SOURCES TELL
[00:02:40] CBC NEWS THAT CANADIAN AND AMERICAN OFFICIALS ARE WORKING
[00:02:43] ON A PROPOSAL TO PRESENT TO U.S. PRESIDENT DONALD TRUMP EARLY
[00:02:47] NEXT WEEK, RIGHT BEFORE THE NEW
[00:02:50] 50% TARIFFS KICK IN ON SOME $28 BILLION ON CANADIAN EXPORTS.
[00:02:53] >> WE WON'T KNOW UNTIL WE CAN SEE WHAT HAS ACTUALLY BEEN
[00:02:56] PROPOSED, BUT I WOULD BE
[00:03:01] SURPRISED IF WE ARE PREPARED TO
[00:03:04] MAKE FURTHER CONCESSIONS WITHOUT GETTING SOMETHING IN RETURN. >> Reporter: CANADA IS LOOKING FOR A COMPENSATIVE DEAL TO SEE
[00:03:07] THE NEW TARIFFS THROWN OUT AND SOME SORT OF AGREEMENT ON
[00:03:10] EXISTING TARIFFS, ON STEEL AND ALUMINUM AND AUTO AND LUMBER,
[00:03:13] BUT THE LIST OF AMERICAN
[00:03:15] GRIEVANCES SEEMS EVER CHANGING
[00:03:18] WITH THE TRUMP ADVISOR NOW
[00:03:20] CALLING OUT SCALLOPS BEING
[00:03:22] FISHED NEAR THE STATE OF MAINE.
[00:03:26] >> THEY WERE TAKEN FROM THE GEORGIAN BANKS ABOUT THE SIZE
[00:03:29] THAT WE IMPORT FROM CANADA.
[00:03:36] WE COULDN'T TAKE SCALLOPS ON OUR SIDE OF THE GEORGIA BANKS, THAT'S CRAZY STUFF. >> Reporter: BUT THIS EXPERT SAYS THAT CANADA HAS LEVERAGE, ESPECIALLY AHEAD OF THE FALL'S
[00:03:39] U.S. MIDTERMS.
[00:03:42] >> THE ELECTION MAIN MESSAGES ARE AROUND AFFORDABILITY AND
[00:03:46] REALLY HIGH ENERGY COSTS HERE IN THE UNITED STATES.
[00:03:49] I THINK THAT'S WHY WE'RE SEEING
[00:03:51] A GOOD-FAITH NEGOTIATION APPEARS
[00:03:54] GOING ON WITH THE U.S.
[00:03:58] >> Reporter: BUT CANADA HAS BEEN HERE BEFORE. THE TWO SIDES WERE REPORTEDLY CLOSE TO A DEAL LAST FALL BEFORE TRUMP CALLED OFF TRADE TALKS
[00:04:01] ENTIRELY. REGARDLESS OF PROGRESS, IT
[00:04:05] REALLY DOES COME BACK TO HIM.
[00:04:07] >> Crystal: SO, KATE, WITH THE
[00:04:12] GOAL BEING EARLY NEXT WEEK, LeBLANC IS STAYING IN WASHINGTON TO KEEP UP TALKS? >> Reporter: YEAH, AND SO IS CANADA'S TRADE NEGOTIATOR JANICE
[00:04:15] CHARETTE. THEY AND THEIR TEAMS HAVE BEEN
[00:04:19] TRYING TO SORT OUT TECHNICAL DETAILS. WE DON'T YET KNOW WHEN THEY'RE
[00:04:23] PLANNING ON GOING BACK TO CANADA OR IF THERE ARE ANY OTHER BIG
[00:04:33] >>> THE U.S. PRESIDENT IS SEEMINGLY CONFIRMING A SECRET
[00:04:36] PLAN TO PROTECT HIM FROM AN
[00:04:40] IRANIAN THREAT ON HIS LIFE. LAST MONTH TRUMP SWAPPED PLANES
[00:04:43] LAST MINUTE, APPARENTLY HIDING
[00:04:45] IN A CATERING TRUCK.
[00:04:48] TONIGHT HE WAS ASKED ABOUT IT. >> President Trump: I HAVE A LOT OF THREATS, I HAVE A LOT OF
[00:04:52] THREATS THAT YOU DON'T KNOW ABOUT. ANY CONSEQUENTIAL PRESIDENT HAS A LOT OF THREATS.
[00:04:55] I DON'T WORRY ABOUT ANYTHING, TO BE HONEST. WHATEVER IT IS.
[00:04:58] YOU KNOW MY ATTITUDE? WHATEVER.
[00:05:02] >> Crystal: TRUMP WAS ALSO ASKED WHY MEMBERS OF THE PRESS WERE
[00:05:05] LEFT ON THE PLANE, POTENTIALLY IN DANGER.
[00:05:07] HE BRUSHED THAT OFF TOO, SAYING
[00:05:09] THAT HE WAS AT GREATER RISK.
[00:05:12] SASA PETRICIC WALKS US THROUGH THE OPERATION JUST NOW COMING TO
[00:05:15] LIGHT.
[00:05:18] >> Reporter: U.S. PRESIDENT
[00:05:19] DONALD TRUMP WAVED GOODBYE TO
[00:05:23] THE NATO SUMMIT LAST MONTH, STEPPING INTO AIR FORCE ONE. THEN HE REPORTEDLY SLIPPED OUT
[00:05:27] ANOTHER DOOR.
[00:05:30] WHISKED INTO AN AIRPORT FOOD
[00:05:32] TRUCK BY THE SECRET SERVICE,
[00:05:34] DRIVEN ACROSS THE ANKARA TARMAC TO A LESS CONSPICUOUS MILITARY
[00:05:37] PLANE. >> THEY CLEARLY THOUGHT THAT
[00:05:40] SOMETHING BAD COULD BE HAPPENING AND THEY THOUGHT THAT THE THREAT WAS IMMINENT.
[00:05:44] >> Reporter: WHITE HOUSE REPORTERS AND STAFF BOARDING AT THE BACK HAD NO IDEA HE WASN'T
[00:05:47] AT THE FRONT.
[00:05:52] U.S. INTELLIGENCE HAD DISCOVERED A CREDIBLE IRANIAN PLOT TO FIRE
[00:05:55] A MISSILE AT TRUMP'S NEW AIR FORCE ONE, SAYS AMERICAN MEDIA,
[00:05:58] CITING SENIOR OFFICIALS.
[00:06:02] A JET THAT HAD JUST BEEN ADAPTED AND RUSHED INTO SERVICE AFTER
[00:06:05] BEING GIFTED TO TRUMP BY QATAR. >> AS WE HAVE SEEN IN IRAN AND A
[00:06:09] NUMBER OF OTHER COUNTRIES TAKE ON, YOU KNOW, AERIAL DRONES AND
[00:06:12] A VARIETY OF OTHER KIND OF
[00:06:15] MUNITIONS, THE UNITED STATES AS
[00:06:18] A NATION IS JUST FACING SIMPLY
[00:06:21] MORE KINDS OF THREATS.
[00:06:24] >> Reporter: SO TRUMP HAD TO PLAY HIDE-AND-SEEK AS HE FLEW OVER EUROPE.
[00:06:28] THAT QATARI GIFTED JET DEPARTED
[00:06:32] ANKARA FIRST, SOARING NORTHWEST WITHOUT THE PRESIDENT. AND THEN THE TRADITIONAL AIR
[00:06:36] FORCE ONE CARRYING HIS ENTOURAGE, THOUGH TRUMP WASN'T AT THE FRONT OF THAT ONE EITHER.
[00:06:38] HE WAS TUCKED AWAY IN A THIRD
[00:06:42] MORE MODEST C-32A, FOLLOWING A SECRET ROUTE.
[00:06:45] ALL THREE TOUCHED DOWN AT THE
[00:06:51] MILDEN HALL AIR FORCE BASE NEAR LONDON. >> SO WE CALL THOSE SHELL GAMES AND WE DO DIFFERENT MOVEMENTS, DIFFERENT LOOKS, TO GIVE US A
[00:06:54] SLIGHT ADVANTAGE.
[00:06:57] >> Reporter: TRUMP SLIPPED BACK INTO THE OLD AIR FORCE ONE TO BE
[00:07:00] SEEN EXITING AND WALKING TO HIS NEW JET FOR THE FLIGHT TO THE
[00:07:03] U.S.
[00:07:06] DENYING ANY IMMEDIATE DANGER, BUT BLASTING IRAN FOR WANTING HIM DEAD.
[00:07:10] >> President Trump: WELL, I HAVE A THREAT ALL OF THE TIME.
[00:07:12] I'M NUMBER ONE ON THEIR LIST.
[00:07:16] >> Reporter:SASA PETRICIC, CBC NEWS, TORONTO.
[00:07:20] >> Crystal: TONIGHT'S MONTRÉAL POLICE CHIEF FACED QUESTIONS
[00:07:23] ABOUT RACISM AGAINST 16 OFFICERS. AN INTERNAL INVESTIGATION IS NOW
[00:07:27] UNDERWAY. THE IMPACTED COMMUNITY MONTRÉAL
[00:07:30] NORTH IS ONE WITH LONG-STANDING
[00:07:37] SARAH LEAVITT IS OUTSIDE OF CITY HALL. SARAH, WHAT HAPPENED IN THAT MEETING ROOM TONIGHT? >> Reporter: CRYSTAL, IT WAS A
[00:07:41] PACKED ROOM. THE SPILLOVER SECTION WAS ALSO FULL.
[00:07:43] AND PEOPLE GOT TURNED AWAY.
[00:07:46] ONE AFTER ANOTHER, PEOPLE WENT UP TO THE MICROPHONE -- SAD,
[00:07:50] ANNOYED, CONCERNED, DEMANDING
[00:07:53] ANSWERS ABOUT RACIST ACTS
[00:07:54] AGAINST BLACK AND ARAB CITIZENS.
[00:07:59] IN ONE OF MONTRÉAL'S MOST
[00:08:01] DIVERSE NEIGHBOURHOODS. THEY GOT FEW ANSWERS THOUGH WITH POLICE CITING THE ONGOING
[00:08:05] INVESTIGATION. >>(SPEAKING FRENCH). >> Reporter: MONTRÉAL'S POLICE
[00:08:10] CHIEF SAYS THAT HE VOWS TO MAKE THINGS RIGHT AS THE COMMUNITY
[00:08:13] CONFRONTS HIM OVER THE ALLEGED
[00:08:14] ACTIONS OF 16 OF HIS OFFICERS. CONFIDENCE IN POLICE MARRED BY
[00:08:18] THE ONGOING INVESTIGATION.
[00:08:22] OUTSIDE OF CITY HALL, FRUSTRATION AND ANGER FROM THOSE
[00:08:25] WHO COULDN'T GET IN.
[00:08:28] OTHERS EXPRESSED SOME HOPE. >> WE'RE HAPPY TO SEE THAT
[00:08:31] SOMETHING IS BEING DONE, ALTHOUGH IT TOOK OTHER POLICE
[00:08:35] FOR THIS TO HAPPEN. >> HAVING THE OPPORTUNITY TO
[00:08:39] TALK ABOUT IT, I THINK THIS IS A
[00:08:40] POSITIVE CHANGE FOR THE FUTURE.
[00:08:44] >> Reporter: ACCORDING TO HYDRO
[00:08:48] CANADA SOURCES, THE OFFICERS WERE BASED ON RANDOM STOPS BASED
[00:08:51] SOLELY ON ETHNICITY, AND CUTTING OFF DREADLOCKS AND
[00:08:55] TAKING THEM AS TROPHIES.
[00:08:57] IT WAS MADE PUBLIC BACK IN JUNE
[00:09:00] AFTER FELLOW OFFICERS MADE COMPLAINTS. THE NEWS EXPLOSIVE TO SOME,
[00:09:03] INCLUDING THE MAYOR. >> MANY MONTRÉALERS HAVE LOST CONFIDENCE.
[00:09:06] AND IT IS UPON US TO MAKE SURE THAT WE'RE WORKING WITH THE SPVM
[00:09:09] TO REBUILD THAT TRUST. >> Reporter: BUT FOR SOME
[00:09:11] COMMUNITY ORGANIZERS THE
[00:09:14] ALLEGATIONS AREN'T A SURPRISE, AND THEY SAY THAT ACTION IS MORE
[00:09:16] IMPORTANT THAN WORDS.
[00:09:19] >> PEOPLE SAY, LOOK, WE KNOW THIS SITUATION THAT EXISTS FOR YEARS.
[00:09:22] WE HAVE LIVED IT. WE DON'T WANT TO GO BACK AND,
[00:09:26] YOU KNOW, TO REHASH THESE THINGS AND WE WANT SOLUTIONS.
[00:09:30] AND WHEN WE TALK ABOUT
[00:09:32] SOLUTIONS, WE HAVE TO TALK ABOUT SOMETHING
[00:09:36] FUTURE ORIENTED AND SOMETHING CONCRETE. >> Reporter:THE POLICE CHIEF
[00:09:44] >> Crystal: AND, SARAH, THERE ARE CALLS FOR ACTION. SO WHAT ARE PEOPLE ASKING FOR? >> Reporter: WELL, THE POLICE
[00:09:47] CHIEF SAYS THAT THERE ARE A NUMBER OF MEASURES ALREADY IN
[00:09:50] PLACE, COLLABORATION WITH
[00:09:52] COMMUNITY ORGINISATIONS,
[00:09:55] CONTINUED SENSITIVITY TRAINING. HE SAID THAT IT WAS IMPORTANT TO
[00:09:59] MOVE FORWARD WITH WHAT HE SAID WAS TRANSPARENCY AND HUMILITY.
[00:10:03] BUT THAT WAS REALLY PUT TO THE
[00:10:05] TEST AT THIS MEETING WHERE FEW ANSWERS WERE GIVEN AND PEOPLE
[00:10:09] FELT THEY REALLY HAD LITTLE TIME
[00:10:13] THANK YOU.
[00:10:16] >>> MORE HELP IS ON THE WAY FOR
[00:10:18] EXHAUSTED B.C. FIREFIGHTERS AS
[00:10:21] THEY BATTLE SEVERAL MAJOR WILDFIRES WITH CONCERNING
[00:10:24] WEATHER STILL TO COME.
[00:10:26] THOUSANDS OF PEOPLE ARE ALREADY
[00:10:28] DISPLACED, AND AS MICHELLE ALLAN EXPLAINS, MANY ARE DESPERATE FOR
[00:10:32] INFORMATION ABOUT WHAT THEY'VE LEFT BEHIND.
[00:10:33] [♪ SINGING ♪]
[00:10:38] >> Reporter: AROUND OKANAGAN LAKE, PRAYERS FOR EVERYTHING LOST TO FIRE.
[00:10:41] >> ALL WE CAN DO IS TO ASK -- ASK FOR IT TO BE GENTLE WITH US.
[00:10:45] >> Reporter: ROUGHLY 20,000 PEOPLE IN B.C. ARE UNDER EVACUATION ORDERS.
[00:10:49] MOST ARE IN THE OKANAGAN VALLEY. DISPLACED FROM THEIR HOMES, MANY ARE SLEEPING IN CARS OR
[00:10:52] TRAILERS. >> AND IT WAS JUST TERRIBLE --
[00:10:55] IT WAS JUST SO SPOOKY. ME AND THE DOG, ALL I DID IS SIT
[00:10:58] AND CRY. BUT, YOU KNOW, WE'RE HERE AND WE'RE SAFE.
[00:11:02] >> Reporter: SUMMERLAND RESIDENT
[00:11:06] RYLEAN PARK SAID THAT SHE HAD JUST 15 MINUTES TO ESCAPE THE
[00:11:10] BALD RANGE FIRE. ALL SHE HAD TIME TO GRAB WERE ESSENTIALS LIKE DOG FOOD AND HER
[00:11:14] FAMILY PHOTOS.
[00:11:17] >> HOW CAN YOU REPLACING SOME
[00:11:19] LIKE THIS? >> Reporter: SHE DOESN'T KNOW WHEN SHE'LL BE ALLOWED BACK OR WHAT WILL REMAIN.
[00:11:23] SUMMERLAND'S MAYOR WARNED RESIDENTS WHAT THEY FIND MAY BE HARD TO TAKE IN.
[00:11:27] >> WHEN WE DO GET BACK, UM, WE NEED TO BRACE OURSELVES FOR WHAT IS THERE, OR WHAT IS NOT
[00:11:31] THERE. IT'S GOING TO BE HARD.
[00:11:32] IT'S GOING TO BE REALLY HARD.
[00:11:36] WE ALL KNOW PEOPLE RIGHT NOW. WE ALL KNOW PEOPLE WHO HAVE LOST
[00:11:39] HOMES. WE HAVE A LOT OF FRIENDS WHO
[00:11:42] HAVE LOST HOMES.
[00:11:45] AND THOSE PEOPLE NEED OUR HELP. >> Reporter: SOME FORECASTED
[00:11:49] RAIN COULD PROVIDE A LITTLE RELIEF IN THE NEXT FEW DAYS, BUT OFFICIALS SAY THEY CAN'T AFFORD
[00:11:53] TO COUNT ON IT. AND IN OTHER PARTS OF THE
[00:11:56] PROVINCE THERE COULD BE WIND AND DRY LIGHTNING, WHICH COULD WORSEN CURRENT FIRES.
[00:11:59] OR START NEW ONES. ABOUT A HUNDRED ARE BURNING
[00:12:02] RIGHT NOW IN B.C. AND THE FOREST MINISTER IS
[00:12:05] WORRIED ABOUT THE NEXT ONE.
[00:12:07] >> ONE CARELESS ACTION CAN START ANOTHER WILDFIRE.
[00:12:11] ONE SPARK CAN PUT ANOTHER COMMUNITY AT RISK.
[00:12:13] AND ONE DRONE FLYING NEAR A
[00:12:16] WILDFIRE CAN GROUND THE AIRCRAFT THAT OUR FIREFIGHTERS ARE
[00:12:20] DESPERATELY RELYING ON. OUR CREWS HAVE ENOUGH FIRES TO
[00:12:22] FIGHT.
[00:12:24] PLEASE DON'T GIVE THEM ANOTHER ONE. >> Reporter: OFFICIALS SAY THAT THE CREWS BATTLING THESE
[00:12:28] WILDFIRES ARE EXHAUSTED. BUT THERE IS HELP. FIREFIGHTERS FROM MEXICO ARE
[00:12:32] ALREADY ON THE GROUND. AND ANOTHER 102 FROM COSTA RICA
[00:12:41] >> Crystal: IN COLOMBIA TONIGHT, THE CREWS ARE RACING TO FIND SURVIVORS OF MONDAY'S POWERFUL
[00:12:44] EARTHQUAKE.
[00:12:47] AT LEAST 250 PEOPLE ARE NOW CONFIRMED DEAD. KAREN PAULS SHOWS US THE
[00:12:51] DESPERATE SEARCH AND SOME REMARKABLE RESCUES FROM THE RUBBLE.
[00:12:55] (Speaking Alternate Language)
[00:13:00] >> Reporter: A CRYING BABY PULLED TO SAFETY FROM THE RUBBLE OF A COLLAPSED APARTMENT
[00:13:03] BUILDING.
[00:13:09] TWO WOMEN TRAPPED ON AN UPPER FLOOR OF A PEREIRA OFFICE BUILDING BROUGHT TO THE GROUND,
[00:13:13] GRATEFUL TO BE ALIVE.
[00:13:16] >>(SPEAKING ALTERNATE LANGUAGE).
[00:13:21] >> Reporter: 16 PEOPLE TRAPPED INSIDE OF THIS AERIAL CABLE CAR
[00:13:25] CABIN ALSO RESCUED AFTER SIX LONG HOURS.
[00:13:28] ALL OF THESE SCENES EMERGING SINCE THE POWERFUL 7.4 MAGNITUDE
[00:13:32] EARTHQUAKE HIT COLOMBIA.
[00:13:36] BUT NOT EVERYONE IS SO LUCKY.
[00:13:38] THE DEATH TOLL INTO THE HUNDREDS AND CLIMBING STEADILY SINCE THE QUAKE FIRST HIT.
[00:13:42] >>(SPEAKING ALTERNATE LANGUAGE).
[00:13:44] >> Reporter: THIS RED CROSS WORKER SAYS "TIME IS RUNNING OUT
[00:13:48] FOR THOUSANDS OF MISSING PEOPLE,
[00:13:50] BUT THERE MAY BE AIR POCKETS OR
[00:13:56] SPACES ALLOWING SOME TO STAY ALIVE LONGER." THE COLOMBIAN MILITARY IS
[00:13:59] BRINGING MILITARY EQUIPMENT AND EMERGENCY SUPPLIES AND JOINING RESIDENTS AND CANINE
[00:14:02] SEARCH-AND-RESCUE TEAMS AS THEY
[00:14:04] SCRAMBLE THROUGH LEVELLED
[00:14:09] BUILDINGS, LOOKING AND LISTENING FOR SIGNS OF LIFE.
[00:14:11] AFTER PART OF THIS HOSPITAL IN CALI COLLAPSED, SOME PATIENTS
[00:14:14] HAD TO BE TRANSFERRED. OTHERS ARE BEING TREATED ON THE
[00:14:17] STREET.
[00:14:20] LARGE AREAS AROUND THE EARTHQUAKE'S EPI-CENTRE ARE
[00:14:24] HEAVILY ISOLATED AND ACCESSIBLE ONLY BY AIRPLANE OR BOAT THROUGH
[00:14:27] THE JUNGLE.
[00:14:29] >> WE CAN GET TO THE CAPITAL
[00:14:33] CITY BOGOTA, BUT TO TRANSFER FOOD ASSISTANCE AND OTHER ITEMS
[00:14:36] OF NEED, UM, TO THOSE COMMUNITIES WILL TAKE TIME AND
[00:14:39] IT'S COSTLY. >> Reporter: THE MAYOR OF
[00:14:42] MANIZALES SAYS THAT MANY PEOPLE ARE IN SHELTERS AND MANY GETTING
[00:14:45] THEIR HOMES ASSESSED.
[00:14:49] MARIA CAMPO AND HER MOTHER STAYED AT HER BROTHER'S HOUSE
[00:14:52] MONDAY NIGHT, AFRAID TO RETURN HOME.
[00:14:54] >> THEY'VE BEEN CHECKING WITH
[00:14:58] THOSE WHO KNOWS ABOUT IT TO SEE IF THAT STRUCTURE IS AFFECTED OR NOT. >> Reporter: STILL, SHE FEELS
[00:15:01] LUCKY. >> WE ARE ALIVE, SO WE HAVE A
[00:15:05] LOT OF THINGS TO BE GRATEFUL RIGHT NOW.
[00:15:06] [APPLAUSE]
[00:15:09] >> Reporter: AND AS THEY WATCH THE SEARCH-AND-RESCUE EFFORTS, THEY ARE PRAYING FOR MORE MOMENTS LIKE THIS ONE.
[00:15:13] [Cheers and Applause] THERE'S PEOPLE -- THERE'S LIFE,
[00:15:25] >> Crystal: MORE THAN 2,000 PEOPLE HAVE NOW HAVE DIED FROM
[00:15:28] EBOLA IN THE DEMOCRATIC REPUBLIC OF CONGO AS THE COUNTRY GRAPPLES
[00:15:32] WITH THE FASTEST GROWING OUTBREAK ON RECORD.
[00:15:36] OFFICIALS SAY THAT THE DEATH TOLL HAS DOUBLED IN LESS THAN FOUR MONTHS.
[00:15:40] MORE THAN 4,000 CASES HAVE BEEN
[00:15:40] CONFIRMED.
[00:15:44] AS CONFLICT AND STRAINED HEALTH SERVICES HAMPER EFFORTS TO
[00:15:46] CONTAIN THE SPREAD. >>> A HALIFAX MAN HAS BEEN
[00:15:50] CHARGED WITH UTTERING THREATS
[00:15:53] AND PUBLIC MISCHIEF AFTER A BOMB THREAT WAS MADE AGAINST THAT
[00:15:56] CITY'S U.S. CONSULATE. EVAN DYER IS FOLLOWING THIS
[00:16:00] STORY FOR US TONIGHT. EVAN, WALK US THROUGH WHAT WE
[00:16:02] KNOW SO FAR ABOUT THIS CASE. >> Reporter: WE DON'T KNOW
[00:16:05] ANYTHING ABOUT THE NATURE OF THE THREAT OR EXACTLY HOW IT WAS
[00:16:08] COMMUNICATED, BUT IT WAS RECEIVED BY THE U.S. CONSULATE IN HALIFAX LATE SUNDAY
[00:16:11] AFTERNOON. POLICE IDENTIFIED A SUSPECT,
[00:16:15] 54-YEAR-OLD ALI ASSAKEREH AND
[00:16:19] JUST AFTER 8:00 ON MONDAY
[00:16:20] MORNING THEY FOUND A CAR BELONGING TO
[00:16:23] HIM IN A DOWNTOWN PARKING GARAGE
[00:16:25] THAT HAD A PROPANE TANK AND A
[00:16:30] CONTAINER OF A FLAMMABLE LIQUID.
[00:16:34] AND THAT LED HALIFAX POLICE TO SHUT DOWN SEVERAL STREETS AROUND HALIFAX HARBOUR. THAT CAR WAS LATER SAID TO NOT BE A THREAT, BUT ASSAKEREH HAS
[00:16:37] NOW MADE AN APPEARANCE IN COURT
[00:16:39] ON CHARGES OF UTTERING THREATS AND PUBLIC MISCHIEF.
[00:16:42] THE CROWN THOUGH DIDN'T WANT TO GO ANY FURTHER YET.
[00:16:45] >> THE CROWN REQUESTED AN
[00:16:48] ADJOURNMENT UNDER 515 OF THE CRIMINAL CODE.
[00:16:51] THAT JUST GIVES POLICE MORE TIME TO COMPLETE THAT INVESTIGATION AND TO SEE IF
[00:16:55] THERE'S MORE CHARGES TO BE LAID. >> Reporter:NOW IN COURT,
[00:16:58] ASSAKEREH LAID OUT A SERIES OF
[00:17:02] COMPLAINTS THROUGH AN INTERPRETER, AMONG HIM THAT HIS FAMILY HAD BEEN VICTIMS OF DISCRIMINATION. >> Crystal: THERE HAVE BEEN
[00:17:06] SHOOTING ATTACKS ON THE U.S. CONSULATE IN TORONTO AND THAT
[00:17:10] IRAN-LINKED GROUPS MAY HAVE PAID GUNS-FOR-HIRE TO CARRY THOSE OUT.
[00:17:14] BUT THERE IS NO SUGGESTION THAT THIS CASE MIGHT BE CONNECTED, RIGHT?
[00:17:17] >> Reporter: RIGHT, THERE'S NO CASE OF ANY CONNECTION IN
[00:17:19] HALIFAX, FOR EXAMPLE, AND NO
[00:17:22] EVIDENCE OF GUNFIRE OR FIREARMS
[00:17:26] SEIZED. NO CHARGES RELATED TO BOMB-MAKING OR EXPLOSIVES EITHER. ALSO THE HALIFAX PROSECUTOR TOLD THE COURT THAT HE HADN'T DECIDED
[00:17:29] WHETHER HE WOULD OPPOSE BAIL IN THIS CASE. AND NORMALLY IF THERE WERE A
[00:17:33] NATIONAL SECURITY ELEMENTS TO A CASE LIKE THIS, YOU WOULD EXPECT PRETTY AUTOMATIC REMAND TO
[00:17:43] >> Crystal: A PETITION CALLING FOR THE REMOVAL OF THE U.S.
[00:17:45] AMBASSADOR PETE HOEKSTRA IN
[00:17:49] CANADA IS BEING PRESENTED IN THE HOUSE OF COMMONS THIS FALL. MORE THAN 35,000 CANADIANS HAVE
[00:17:53] SIGNED IT.
[00:17:54] IT ACCUSES HOEKSTRA OF
[00:17:57] UNDERMINING CANADA-U.S.
[00:17:59] DIPLOMATIC RELATIONSHIP AND NORMALIZING THE PRESIDENT'S THREATS TO ANNEX CANADA.
[00:18:03] IT ALSO CALLS ON THE GOVERNMENT TO REVIEW U.S. DIPLOMATIC
[00:18:07] INTERFERENCE IN CANADIAN
[00:18:07] AFFAIRS.
[00:18:12] >>> WELL, NEW FEDERAL DATA SHOWS
[00:18:14] A SPIKE IN THE NUMBER OF CANADIANS WHO CAN'T PAY ALL OF THEIR
[00:18:17] DEBTS. THE LATEST FIGURES FROM THE
[00:18:21] OFFICE OF THE SUPERINTENDENT OF BANKRUPTCY
[00:18:25] SHOWS THAT MORE THAN 37,500 CANADIANS HAVE FILED FOR INSOLVENCY IN THE SECOND QUARTER
[00:18:28] OF 2026.
[00:18:31] AN INCREASE OF 6.9% COMPARED TO
[00:18:35] THE SAME PERIOD LAST YEAR. WELL LET'S BRING IN ANIS HEYDARI NOW FOR A CLOSER LOOK AT WHAT
[00:18:38] THESE NUMBERS MEAN. ANIS, THIS IS THE SECOND
[00:18:42] STRAIGHT QUARTER WITH SOME PRETTY BLEAK DATA?
[00:18:46] >> Reporter: WHAT WE'RE SEEING IS A LITTLE MORE COMPLICATED THAN JUST HAVING A BANK ACCOUNT
[00:18:49] AT ZERO. INSOLVENCIES INCLUDE DECLARING
[00:18:52] BANKRUPTCY, THAT IS WHERE YOU CAN'T REALLY PAY ANY OF YOUR
[00:18:55] BILLS, BUT ABOUT THREE-QUARTERS
[00:18:57] OF THEM ARE WHAT IS KNOWN AS CONSUMER PROPOSALS.
[00:19:01] THAT IS WHERE YOU TYPICALLY
[00:19:02] AGREE TO PAY AT LEAST A PORTION OF YOUR BILLS BUT OVER A LONGER PERIOD OF TIME.
[00:19:06] NOW BOTH OF THOSE ARE NOT GOOD INDICATORS THOUGH. INSOLVENCIES GOING UP TELLS US THAT MORE CANADIANS CAN'T PAY
[00:19:09] THEIR BILLS ON TIME OR AT ALL.
[00:19:14] AND APRIL TO JUNE SAW THE MOST INSOLVENCIES IN A THREE-MONTH PERIOD THAN WE HAVE SEEN SINCE CANADIANS WERE
[00:19:18] FEELING THE FINANCIAL CRISIS BACK IN 2009. NOW THAT BEING SAID, WE HAVE
[00:19:22] SPOKEN WITH ECONOMISTS WHO SAY IF YOU ACCOUNT FOR POPULATION
[00:19:25] GROWTH, THESE HIGHER INSOLVENCY NUMBERS MAY BE LESS STARK THAN
[00:19:28] THEY SEEM.
[00:19:31] >> WE'RE NOT WORSE THAN WE WERE
[00:19:34] PRE-PANDEMIC, BUT WE'RE NOT BETTER. SO IT STILL SHOWS THAT THERE ARE SOME HOUSEHOLDS THAT ARE HAVING
[00:19:38] SOME ISSUES AND FACING SOME FINANCIAL STRESS.
[00:19:41] BUT IT'S NOT WIDESPREAD, IT'S NOT YET CONCERNING.
[00:19:45] BUT WE STILL NEED TO BE IN SOME
[00:19:49] WAYS WE STILL NEED TO TRACK IT AND TO BE ATTENTIVE.
[00:19:53] >> Crystal: SO, ANIS, WE KNOW THE NUMBERS. LET'S GET INTO HOW CANADIANS ARE
[00:19:55] GETTING TO THIS POINT.
[00:20:00] >> Reporter:THESE STATS ARE FROM A FEW MONTHS AGO. SO IT MAY NOT TELL US HOW THINGS ARE RIGHT THIS SECOND, BUT DEBT
[00:20:04] PRESSURES CAN ALSO BUILD UP OVER TIME. AND THE BIGGEST INDICATOR THAT
[00:20:06] COULD PUSH INSOLVENCIES INTO A DANGEROUS PLACE MIGHT BE JOBS
[00:20:09] AND EMPLOYMENT. MANY HOUSEHOLDS HAVE A HIGHER
[00:20:12] LEVEL OF DEBT COMPARED TO THEIR INCOME OR THEY NEED TWO JOBS TO STAY AFLOAT.
[00:20:16] SO IF THEY LOSE SOME OF THAT INCOME THINGS COULD GET MUCH WORSE.
[00:20:25] IN CALGARY TONIGHT. THANK YOU SO MUCH.
[00:20:28] >>> A HIT REALITY TV SHOW IS
[00:20:29] COMING TO CANADA.
[00:20:34] >> IT'S JUST LIKE THE TOUGHEST
[00:20:38] OUT THERE AND I AM LIKE THANK
[00:20:40] GOD THAT THEY FINALLY CAME HERE.
[00:20:44] >> Crystal: WILL "LOVE IS BLIND" WIN HEARTS IN THIS COUNTRY? >>> CANADA-U.S. TRADE TALKS ARE HEATING UP, BUT WILL TRUMP PLAY BALL. >> President Trump: TARIFFS,
[00:20:47] TARIFFS, I LOVE TARIFFS. >> Crystal: WHY THE U.S.
[00:20:51] PRESIDENT IS SO IN FAVOUR OF TARIFFS.
[00:20:53] (♪)
[00:20:56] >>> HOW A BRIDE LOST HER
[00:20:58] ENGAGEMENT RING MID-WEDDING. >> TO ACTUALLY TO LOSE A RING
[00:21:01] DURING A CEREMONY IS A FIRST. >> Crystal: AND HOW IT WAS FOUND.
[00:21:05] WE'RE BACK IN TWO. (♪)
[00:25:33] MAKDA GHEBRESLASSIE, CBC NEWS,
[00:25:34] TORONTO.
[00:25:37] >> Crystal:WITH NEW TARIFFS
[00:25:38] LOOMING, CANADIAN AND U.S. OFFICIALS ARE PREPARING FOR A
[00:25:42] TRADE PROPOSAL FOR DONALD TRUMP. >> President Trump: IT'S GOING
[00:25:45] TO MAKE US A MUCH STRONGER, MUCH
[00:25:46] RICHER NATION.
[00:25:49] >> Crystal: BUT WILL HE BITE? WE'LL TAKE A CLOSER LOOK AT HIS
[00:25:51] MINDSET. >> AMERICA WAS NOT AT ITS
[00:25:55] RICHEST, IT WASN'T A PARTICULARLY HAPPY SOCIETY. >> Crystal: AND WHAT HISTORY
[00:25:59] SAYS ABOUT TARIFFS. (♪)
[00:26:03] >>> PLUS, MORE CANADIANS ARE
[00:26:05] DROWNING IN DEBT.
[00:26:07] >> IT'S BEEN A MORE RAPID ACCELERATION OF THE NUMBERS OF
[00:26:10] FOLKS THAT ARE SEEKING RELIEF. >> Crystal: WHAT A SURGE IN
[00:26:14] INSOLVENCIES SAYS ABOUT THE STATE OF THE ECONOMY. (♪)
[00:28:54] >> Crystal: TRADE MINISTER DOMINIC LeBLANC IS IN WASHINGTON AFTER MEETING WITH
[00:28:56] HIS COUNTERPART JAMIESON GREER.
[00:28:59] CBC NEWS HAS LEARNED THAT THE
[00:29:01] PAIR IS AIMING TO PRESENT DONALD TRUMP WITH A PATH TO A POTENTIAL
[00:29:04] TRADE DEAL AS EARLY AS MONDAY.
[00:29:09] JUST BEFORE NEW 50% TARIFFS ARE SCHEDULED TO TAKE EFFECT AUGUST
[00:29:13] 19TH. NOW TRUMP OFTEN CLAIMS THAT
[00:29:16] TARIFFS INTRODUCED IN THE LATE 1800s BY THEN PRESIDENT
[00:29:20] WILLIAM McKINLEY USHERED IN
[00:29:23] AMERICAN'S GOLDEN AGE. BUT HISTORY REVEALS A DIFFERENT
[00:29:25] STORY.
[00:29:27] BACK IN THE SPRING ELI GLASNER BROKE DOWN WHAT TRUMP GETS WRONG
[00:29:31] AND THE LESSONS THAT HE COULD LEARN FROM THE PAST. >> President Trump: WILLIAM
[00:29:34] McKINLEY. McKINLEY. >> Reporter: TRUMP HAS AN OBSESSION, HIS FAVORITE
[00:29:38] PRESIDENT -- >> President Trump: WILLIAM
[00:29:40] McKINLEY, HIGHLY UNDERRATED.
[00:29:45] >> Reporter:THE TIME THAT HE
[00:29:47] THINKS THAT AMERICA WAS THE RICHEST. >> President Trump: IN THE
[00:29:51] 1890s WE WERE SO WEALTHY. >> Reporter: ALL AROUND ONE WORD -- >> President Trump: TARIFFS, TARIFFS, I LOVE TARIFFS.
[00:29:54] >> Reporter:HE LOVES TARIFFS,
[00:29:56] BUT WHY? AND DOES HE UNDERSTAND THE EFFECT FROM THE PAST? FOR THAT WE NEED TO GO BACK TO
[00:30:00] THE DAWN OF TRUMP'S FAVOURITE ERA. IT ALL STARTED WITH WHAT WAS
[00:30:03] CALLED THE GILDED AGE. >> IT'S NOT QUITE AS SIMPLE AS
[00:30:06] THAT. >> Reporter: MAYBE YOU HAVE SEEN
[00:30:09] THE SHOW, BUT THERE IS ANOTHER AMERICA HIDING BEHIND THE OPULENCE.
[00:30:13] >> IT'S IMPOSSIBLE TO ARGUE WITH HIM BECAUSE HE'S NOT TALKING
[00:30:15] ABOUT FACTS.
[00:30:19] >> Reporter:MARGARET McMILLIAN IS AN AWARD-WINNING HISTORIAN. >> AMERICA WAS NOT AT ITS
[00:30:23] RICHEST. IT WASN'T A PARTICULARLY HAPPY SOCIETY. THERE WAS A HUGE DIVISION
[00:30:27] BETWEEN THE RICH AND THE POOR AND THE CONDITION OF THE POOR WAS APPALLING.
[00:30:30] THEY DIDN'T HAVE A LOT OF THE
[00:30:31] PROTECTIONS THEY HAVE NOW. >> Reporter: WHICH BRINGS US TO
[00:30:35] THIS GUY -- THE POLITICIAN THAT TRUMP ADMIRED SO MUCH THAT HE RENAMED A MOUNTAIN. >> President Trump: WE WILL
[00:30:38] RESTORE THE NAME OF A GREAT
[00:30:42] PRESIDENT WILLIAM McKINLEY TO MOUNT McKINLEY, WHERE IT
[00:30:45] SHOULD BE, AND WHERE IT BELONGS. >> PRESIDENT TRUMP IS A 20TH
[00:30:49] CENTURY MAN OPERATING IN A 21ST CENTURY ECONOMY AND WANTS TO TAKE US BACK TO THE 19TH
[00:30:52] CENTURY. THE WORLD IS JUST SO DIFFERENT
[00:30:54] TODAY.
[00:30:58] >> Reporter:DOUGLAS IRWIN IS A WORLD RENOWNED POLITICIAN ON
[00:31:02] TRADE AND THE POLITICIAN ONCE DESCRIBED AS THE NAPOLEON OF
[00:31:06] PROTECTION. >> HE'S REPRESENTED A DISTRICT
[00:31:07] IN OHIO WHICH PRODUCED A LOT OF
[00:31:10] STEEL, WHICH IS WHERE HIS INTEREST IN TARIFFS CAME FROM.
[00:31:14] >> Reporter:IN CONGRESS BEFORE
[00:31:15] HE WAS PRESIDENT, McKINLEY HAD
[00:31:19] AGGRESSIVE TARIFFS TO GROW AMERICAN MANUFACTURING.
[00:31:23] BUT WITH GROWING THE NUMBER OF FACTORIES PRICES ALSO GREW. >> President Trump: HE WAS THE TARIFF KING.
[00:31:25] >> Reporter: SO THE EFFECT?
[00:31:28] >> IT BACKFIRED COMPLETELY ON McKINLEY AND ON THE
[00:31:31] REPUBLICANS IN POWER AT THE TIME. AND EVENTUALLY LED TO THEM LOSING THE PRESIDENCY, THE HOUSE
[00:31:35] AND THE SENATE. >> Reporter: HISTORY PODCASTER CRAIG BAIRD SAID THAT AGGRESSIVE TARIFFS ALSO AFFECTED THE ELECTION NORTH OF THE BORDER.
[00:31:38] HUH, SOUND FAMILIAR? >> IN 1891 WITH THE FEDERAL
[00:31:42] ELECTION, IT ACTUALLY HAD JOHNNY
[00:31:44] MacDONALD REALLY CAMPAIGNING ON THE TARIFFS AND ON CANADIAN
[00:31:48] NATIONALISM AND STARTING TRADE ELSEWHERE. AND THAT LED HIM TO WIN THE 1891
[00:31:51] ELECTION. >> Reporter:THE THING IS FOR
[00:31:54] ALL OF HIS ADVOCACY ORATION,
[00:31:57] TRUMP IGNORES WHAT HAPPENED WHEN McKINLEY
[00:32:01] BECAME PRESIDENT AND HIS PERSPECTIVE SHIFTED. >> HE WAS STILL A REPUBLICAN AND STILL A PROTECTIONIST, BUT HE
[00:32:04] SAW THAT THE MARKETS AND THE
[00:32:06] WORLD TO BE HAD, THAT THE WORLD HAD A BIG INDUSTRIAL EXPANSION
[00:32:09] AND THE U.S. SHOULD BE MORE ENGAGED IN GLOBAL TRADE. >> Reporter: IN FACT, IN 1901,
[00:32:12] JUST DAYS BEFORE HE WAS ASSASSINATED, McKINLEY MADE A
[00:32:16] SPEECH PROMOTING FRIENDLY TRADE,
[00:32:20] SAYING THAT COMMERCIAL WARS ARE UNPROFITABLE.
[00:32:23] SO LESSON LEARNED, RIGHT? AND YET IN JUST A FEW DECADES
[00:32:26] AMERICANS WOULD TANGLE WITH THEM AGAIN SO IT'S TIME TO TALK ABOUT
[00:32:30] THE SMOOT-HAWLEY TARIFF ACT.
[00:32:33] I KNOW, TRY TO CONTAIN YOUR EXCITEMENT.
[00:32:36] EXCEPT THAT YOU MIGHT HAVE HEARD
[00:32:37] ABOUT THIS ONE. >> IN 1930, THE REPUBLICAN HOUSE OF REPRESENTATIVES IN AN EFFORT
[00:32:41] TO ALLEVIATE THE EFFECTS OF THE -- ANYONE, ANYONE -- THE
[00:32:45] GREAT DEPRESSION, PASSED THE -- ANYONE?
[00:32:47] ANYONE?
[00:32:50] A TARIFF BILL.
[00:32:53] THE HAWLEY-SMOOT TARIFF ACT.
[00:32:57] >> Reporter: SO AFTER THE STOCK MARKET CRASH OF 1929,
[00:33:01] REPUBLICANS WANTED TO PROTECT AMERICAN BUSINESSES, BUT --
[00:33:03] >> IT JUST MADE THINGS WORSE AND YOU MIGHT THINK THAT IF YOU
[00:33:06] REDUCE YOUR IMPORTS THAT YOU MIGHT GIVE THE ECONOMY A LITTLE
[00:33:09] BIT OF A BOOST BECAUSE YOU'RE SHIFTING SOME OF THAT TO DOMESTIC PRODUCTION.
[00:33:13] BUT IF OTHER COUNTRIES ARE ALSO THROWING UP TRADE BARRIERS THAT MEANS THAT YOUR EXPORTS GO DOWN
[00:33:16] TOO.
[00:33:17] >> FOR THOSE OF US WHO LIVED
[00:33:20] THROUGH THE GREAT DEPRESSION, THE MEMORY OF THE SUFFERING THAT IT CAUSED IS DEEP AND SEARING.
[00:33:24] >> Reporter: AS A YOUNG MAN, PRESIDENT RONALD REAGAN FELT THE
[00:33:26] EFFECTS OF TARIFFS FIRSTHAND.
[00:33:29] >> HIGH TARIFFS INEVITABLY LEAD TO RETALIATION BY FOREIGN
[00:33:32] COUNTRIES AND THE TRIGGERS OF FIERCE TRADE WARS.
[00:33:35] THE RESULT IS MORE AND MORE
[00:33:38] TARIFFS AND HIGHER AND HIGHER
[00:33:40] TRADE BARRIERS AND LESS AND LESS COMPETITION.
[00:33:43] >> Reporter: THE LESSONS OF THE GREAT DEPRESSION SAW THEM EMBRACING FREE TRADE UNTIL TRUMP.
[00:33:46] >> WE KEEP REPEATING CERTAIN THINGS.
[00:33:50] AND THERE'S ALWAYS A NUMBER OF DECADES BETWEEN STUFF LIKE THIS, BECAUSE WE FORGET
[00:33:54] WHAT ACTUALLY HAPPENED AND WE START LOOKING AT IT AGAIN
[00:33:55] THROUGH ROSE-COLOURED GLASSES.
[00:33:59] >> Reporter:FLASH FORWARD TO 2019 DURING TRUMP'S FIRST TERM.
[00:34:02] TARIFF TIME ONCE AGAIN. THE TARGET? >> President Trump: CHINA.
[00:34:06] CHINA, CHINA. >> Reporter: AFTER A SERIES OF TIT-FOR-TAT TARIFFS, TRUMP
[00:34:09] APPLIED LEVIES ON $200 BILLION WORTH OF CHINESE PRODUCTS.
[00:34:12] >> President Trump: FRANKLY,
[00:34:17] IT'S GOING TO MAKE US A MUCH
[00:34:18] STRONGER, MUCH RICHER NATION.
[00:34:21] >> Reporter: IS IT FAIR TO SAY THAT PRICES WENT UP AFTER THE TARIFFS WENT INTO EFFECT IN THE
[00:34:25] FIRST TERM? >> THERE WERE A NUMBER OF ACADEMIC STUDIES ON THAT AND IT
[00:34:27] SHOWED EXACTLY THAT -- THAT TARIFFS WERE PASSED TO CONSUMERS, SO IT WAS NOT A TAX
[00:34:31] ON CHINA, IT WAS A TAX ON
[00:34:32] AMERICAN CONSUMERS.
[00:34:36] >> Reporter:SO TO RECAP, NUMEROUS TIMES IN AMERICAN HISTORY, TARIFFS MADE TENSION AND PRICES
[00:34:40] RISE. AND YET HERE WE ARE AGAIN, TARIFFS ALREADY APPLIED IN A
[00:34:43] VARIETY OF CANADIAN SECTORS AND NOW THE U.S. AND CHINA FACING
[00:34:47] OFF IN AN ESCALATING TARIFF BATTLE. TRUMP THINKS THAT CHINA WILL
[00:34:50] BLINK, OTHERS NOT SO MUCH.
[00:34:54] >> I DON'T THINK THAT HE UNDERSTANDS MUCH ABOUT THE CHINESE PAST. ABOUT THE STRONG DESIRE OF THE
[00:34:58] CHINESE TO BECOME A WORLD POWER AGAIN AND TO RESUME WHAT THEY SEE AS A
[00:35:01] RIGHTFUL PLACE ON THE WORLD STAGE.
[00:35:03] >> Reporter:AS TRADE ALLIANCES WEAKEN, McMILLIAN SEES
[00:35:07] ECHOES OF THE YEARS LEADING UP TO THE FIRST WORLD WAR. >> WE KNOW THAT IT'S VERY, VERY HARD TO BUILD UP TRUST BETWEEN PEOPLE OR BETWEEN GROUPS OF
[00:35:11] PEOPLE OR BETWEEN NATIONS. AND WE'RE SEEING NOW HOW EASY IT
[00:35:14] IS TO DESTROY IT. SO WHAT I'M CONCERNED ABOUT IS
[00:35:17] THAT THE WORLD IS DIVIDING ITSELF UP INTO MUTUALLY HOSTILE
[00:35:20] BLOCKS.
[00:35:22] >> Reporter: I WONDER WHAT IT
[00:35:24] FEELS LIKE FOR YOU RIGHT NOW, MARGARET, WHERE I'VE HAD THE
[00:35:27] FEELING IN THE PAST FEW MONTHS
[00:35:31] WHERE, LIKE, OH, THIS IS WHAT IT FEELS LIKE WHEN HISTORY IS HAPPENING IN FRONT OF YOU?
[00:35:33] >> I FEEL EXACTLY THE SAME. I HAVE STUDIED SOME VERY
[00:35:36] INTERESTING BITS OF THE PAST, OFTEN CATASTROPHIC BITS OF THE PAST.
[00:35:40] BUT I DIDN'T THINK THAT I'D BE LIVING THROUGH ONE.
[00:35:44] >> Crystal: IT'S WORTH NOTING
[00:35:46] THAT THE 50% TARIFFS THAT TRUMP
[00:35:48] IS THREATENING CANADA WITH WOULD
[00:35:51] FALL UNDER A NEVER-BEFORE-USED SECTION OF THE SMOOT-HAWLEY ACT,
[00:35:54] LEGISLATION WHICH WAS CREATED
[00:35:57] DURING THE GREAT DEPRESSION.
[00:36:01] >>> B.C.'S DEADLY BALD RANGE WILDFIRE HAS BECOME ONE OF THE PROVINCE'S MOST VOLATILE THAT IT
[00:36:04] HAS EVER FACED.
[00:36:08] SENIOR METEOROLOGIST JOHANNA WAGSTAFFE BREAKS DOWN THE UNIQUE
[00:36:12] SCIENCE BEHIND THAT EXPLOSIVE BLAZE.
[00:36:14] >> Reporter: IT'S A WILDFIRE
[00:36:19] SCENARIO OFFICIALS IN THIS PROVINCE SAY THEY'VE NEVER SEEN BEFORE. >> TALK ABOUT THIS BEING LIKE A BOMB GOING OFF IN THE SUMMERLAND
[00:36:23] REGION. >> Reporter: HERE'S HOW IT
[00:36:24] HAPPENED.
[00:36:27] THE FIRE WAS FIRST DETECTED AT
[00:36:30] 5:30 P.M., FRIDAY AUGUST 7TH, JUST 15 KILOMETRES NORTHWEST OF
[00:36:33] SUMMERLAND. BY 8:00 P.M., EMERGENCY
[00:36:36] OFFICIALS BEGAN RUSHING OUT EVACUATION ORDERS AS THE FLAMES RIPPED DOWN THE HILLSIDE TOWARDS
[00:36:40] HOMES. AND BY THE EARLY HOURS OF
[00:36:43] SATURDAY MORNING, THE FAST-MOVING FRONT CUT OFF MAIN
[00:36:46] ROAD ACCESS ENTIRELY, TRAPPING RESIDENTS IN THE DARK AND
[00:36:50] FORCING EMERGENCY HELICOPTER RESCUES. AS OF MONDAY MORNING, THIS FIRE
[00:36:54] HAS SCORCHED MORE THAN
[00:36:56] 136-SQUARE-KILOMETRES, BECOMING
[00:37:00] ONE OF THE MOST CHALLENGING FIRES THAT THIS PROVINCE HAS EVER FACED. LET'S BREAK IT DOWN.
[00:37:03] THREE DISTINCT FACTORS WERE
[00:37:05] PRESENT -- SEVERE DROUGHT, STEEP
[00:37:07] TERRAIN AND LOCAL WINDS.
[00:37:09] BUT THESE WINDS DIDN'T COME FROM A FORECASTED WEATHER SYSTEM.
[00:37:13] THE FIRE WAS CREATING ITS OWN WEATHER.
[00:37:16] AFTER WEEKS OF RELENTLESS DRY HEAT, WHAT STARTED AS A SPARK
[00:37:19] IMMEDIATELY TRANSITIONED FROM A SURFACE FIRE INTO A HIGH
[00:37:22] INTENSITY RANK 5 OR 6 CROWN FIRE.
[00:37:25] THE ABSOLUTE HIGHEST RANK A WILDFIRE CAN REACH. MAKING IT UNSAFE FOR GROUND
[00:37:29] CREWS. THIS WASN'T A FIRE THAT YOU COULD FIGHT.
[00:37:33] >> WE COULD HAVE PUT A THOUSAND MORE HELICOPTERS, A THOUSAND
[00:37:36] MORE PEOPLE ON THE GROUND, AND IT WOULDN'T HAVE MADE A
[00:37:37] DIFFERENCE.
[00:37:40] >> Reporter: LOOK AT THIS IMAGE. WITHIN HOURS THE INTENSE FIRE
[00:37:43] PUSHED HOT AIR UPWARDS FAST.
[00:37:46] FORMING A TOWERING PYROCUMULUS
[00:37:50] NIMBUS CLOUD. THE FIRE BEGAN DRAWING IN ITS
[00:37:53] OWN OXYGEN, GENERATING
[00:37:56] 60-METRE HIGH FLAMES AND SPARKED NEW SPOTS AHEAD OF THE MAIN
[00:37:58] LINE. WHILE MANY EXPLOSIVE FIRES ARE
[00:38:02] DRIVEN BY SHARP AND WINDY COLD FRONTS, THIS WAS DIFFERENT.
[00:38:04] A WEAK HIGH PRESSURE SYSTEM ALLOWED LOCAL TOPOGRAPHY TO TAKE OVER.
[00:38:08] IN THE EVENING AS THE HIGH
[00:38:11] ELEVATION PLATEAUED TO THE WEST COOLED DOWN, THAT HEAVY, COLD
[00:38:14] AIR RACED DOWN THE SLOPES INTO THE VALLEY, PUSHING THE FIRE
[00:38:17] AGGRESSIVELY TOWARD COMMUNITIES.
[00:38:28] >> Crystal: COMING UP, AN INCREASING NUMBER OF CANADIANS ARE FINDING IT IMPOSSIBLE TO PAY
[00:38:31] THEIR BILLS.
[00:38:35] >> A LOT OF PEOPLE ARE NOW REACHING THE BREAKING POINT.
[00:38:37] THEY JUST CAN'T DO IT. >> Christine: DOES CANADA HAVE A
[00:38:41] PERSONAL BANKRUPTCY PROBLEM? WE WILL BREAK DOWN THE NUMBERS NEXT.
[00:41:50] >> Crystal: NEW NATIONAL FIGURES SHOW THAT MORE CANADIANS ARE
[00:41:53] STRUGGLING TO PAY THEIR BILLS.
[00:41:57] MORE THAN 37,500 CANADIAN
[00:41:59] CONSUMERS FILED FOR INSOLVENCY
[00:42:01] IN THE MOST RECENT QUARTER.
[00:42:04] THAT IS UP 6.9% COMPARED TO LAST
[00:42:09] YEAR. NOW BACK IN THE SPRINGITH CONSUMER INSOLVENCIES HITTING
[00:42:11] LEVELS NOT SEEN SINCE THE 2009
[00:42:14] RECESSION, ANDREW CHANG, HOST OF
[00:42:18] "ABOUT THAT" PUT THE DATA INTO PERSPECTIVE AND EXAMINED WHAT MIGHT BE DRIVING THAT TREND. >> Andrew: SO THE HEADLINES ARE
[00:42:21] BAD. MORE CANADIANS ARE SO DEEP IN
[00:42:25] DEBT THEY NEED TO FILE FOR
[00:42:30] INSOLVENCY, TELLING THE GOVERNMENT THAT I CAN'T PAY ALL OF THIS OFF.
[00:42:33] AND THERE ARE MORE CANADIANS DOING THIS THAN WE HAVE SEEN IN
[00:42:36] THE LAST 15 PLUS YEARS. >> CANADIANS ARE DROWNING IN DEBT.
[00:42:40] HOUSING AND FOOD ARE EXPENSIVE. >> COFFEE, BEEF, EVERYTHING IS ON THE RISE.
[00:42:42] >> I SHOP AT DOLLARAMA NOW.
[00:42:45] >> EVERYTHING COSTS MORE. HOW DO YOU BRIDGE THAT GAP?
[00:42:48] WELL, YOU DO IT WITH DEBT.
[00:42:50] >> Andrew: AND HERE'S WHAT TOO
[00:42:53] MUCH DEBT LOOKS LIKE. NOTE THE PART FROM 2020 ON. THIS GROUP OF CANADIANS AT THEIR
[00:42:57] BREAKING POINT AND ALMOST DOUBLING IN SIZE IN JUST SIX YEARS AND ZOOMING BACK OUT YOU
[00:43:00] CAN SEE THE COMPARISON TO THE
[00:43:01] FINANCIAL CRISIS OF 2008-2009
[00:43:06] AND WE'RE ALMOST TO THAT SAME LEVEL AND TRENDING TO POSSIBLY
[00:43:10] GO EVEN HIGHER. BUT IS THIS GRAPH AS IT SEEMS?
[00:43:25] DID YOU KNOW THAT WHEN PEOPLE TALK ABOUT DECLARING BANKRUPTCY
[00:43:28] IN CANADA, THERE ARE ACTUALLY
[00:43:31] TWO KINDS OF BANKRUPTCY THAT YOU CAN DECLARE.
[00:43:34] THERE'S REALLY BANKRUPT AND THEN THERE'S KIND OF BANKRUPT BUT NOT
[00:43:37] REALLY.
[00:43:41] >> THERE ARE TWO TYPES OF INSOLVENCY PROCEEDINGS FOR INDIVIDUALS IN CANADA.
[00:43:43] ONE IS THE CONSUMER PROPOSAL AND
[00:43:47] THE OTHER IS BANKRUPTCY. >> Andrew: SO THE HEADLINES THAT I WERE SHOWING YOU EARLIER WAS ABOUT CONSUMER OR PERSONAL INSOLVENCY FILINGS.
[00:43:51] THAT'S WHEN PEOPLE LIKE YOU AND ME RUN
[00:43:55] OUT OF MONEY AND CAN'T PAY OUR DEBTS. AND THE TWO MAIN TYPES -- ACTUAL BANKRUPTCY WHERE YOU HAVE YOUR
[00:43:58] DEBT WIPED CLEAN, BUT YOU HAVE TO SELL A BUNCH OF YOUR STUFF,
[00:44:01] AND DO FINANCIAL COUNSELLING AND WRECK YOUR CREDIT SCORE FOR SEVEN YEARS OR SO.
[00:44:05] AND THEN THERE'S THE OTHER TYPE, WHICH IS FILING FOR A CONSUMER
[00:44:07] PROPOSAL. IT'S GOT MANY OF THE SAME
[00:44:11] FEATURES AND DOWNSIDES AS FILING FOR BANKRUPTCY, BUT WITH A MAJOR
[00:44:15] DIFFERENCE -- YOU GET TO MAKE A DEAL.
[00:44:18] YOUR DEBTS GET SLASHED BY MORE THAN HALF IN SOME CASES, BUT YOU HAVE TO COMMIT TO REGULAR
[00:44:22] PAYMENTS. IN EXCHANGE YOU GET TO RETAIN
[00:44:26] YOUR ASSETS AND EXPENSIVE VEHICLES AND JEWELLERY AND ART
[00:44:29] AND ELECTRONICS, LAND AND
[00:44:32] INVESTMENTS AND INHERITANCES --
[00:44:36] YOU GET THE IDEA. I EXPLAIN THIS FOR TWO REASONS.
[00:44:40] JUST TO MAKE CLEAR THAT WHEN WE
[00:44:41] SHOWED YOU THIS GRAPH AND THE HEADLINES THEY'RE ALL TALKING
[00:44:45] ABOUT THESE TWO TYPES OF
[00:44:48] INSOLVENCY FILINGS, THE VERY
[00:44:50] HEAVY KIND AND THE LIGHTER KIND.
[00:44:53] ADD THEM TOGETHER AND WE ARE
[00:44:54] NEARLY AT TWO DECADE HIGHS.
[00:44:58] BUT WHAT THE SIMPLE GRAPHS DON'T SHOW YOU IS THAT MOST INSOLVENCY FILINGS ARE THIS KIND OF LESS
[00:45:02] HARSH BANKRUPTCY THAT IS THE MIDDLE LINE HERE.
[00:45:05] YOU CAN SEE BY FAR THE MAIN WAY THAT PEOPLE ACTUALLY AVOID
[00:45:09] FILING FOR BANKRUPTCY, WHICH IS THAT BOTTOM LINE THERE.
[00:45:12] BUT TECHNICALLY YOU ARE STILL FILING FOR INSOLVENCY, YOU ARE
[00:45:16] STILL RUNNING OUT OF MONEY AND CAN'T PAY YOUR DEBTS AND ASKING
[00:45:18] FOR HELP.
[00:45:20] SO NOW YOU KNOW THAT IS WHAT IS
[00:45:23] CAPTURED IN ALL OF THE HEADLINES TODAY ABOUT CONSUMER INSOLVENCIES HITTING NEW HIGHS
[00:45:26] IN CANADA. BUT WHAT IS NOT CAPTURED AND
[00:45:29] THIS IS WHERE I THINK THAT SOME
[00:45:30] OF THE COVERAGE CAN SOMETIMES
[00:45:33] FEEL A LITTLE OVERLY ANXIETY
[00:45:37] INDUCING, ARE ALL OF THE WAYS IN WHICH WE CAN'T JUST COMPARE
[00:45:41] TODAY TO THE FINANCIAL CRISIS OF 2008-2009.
[00:45:44] >> ADJUSTED FOR POPULATION WE ARE NOWHERE NEAR WHERE WE WERE
[00:45:46] IN 2009.
[00:45:51] >> Andrew:YEAH, THAT'S A BIG ONE.
[00:45:53] IF INSOLVENCY FILINGS TODAY ARE HITTING ROUGHLY THE SAME HIGHS
[00:45:57] AS ALMOST 20 YEARS AGO, BUT THE OVERALL POPULATION TODAY IS MUCH, MUCH BIGGER THAN IT WAS
[00:46:00] ALMOST 20 YEARS AGO -- LIKE A
[00:46:04] POND WITH ONE DEAD FISH IS A LOT WORSE THAN AN OCEAN WITH ONE
[00:46:06] DEAD FISH, RIGHT?
[00:46:09] WELL THEN SO TOO IS IT PRETTY
[00:46:13] STRAIGHTFORWARD IN MATH TO SHOW HOW OVER A THREE-MONTH PERIOD IN 2009 THAT THIS MANY INSOLVENCIES
[00:46:16] OUT OF THIS MUCH ADULT
[00:46:19] POPULATION EQUALS THIS PERCENTAGE OF THE
[00:46:22] POPULATION GOING INSOLVENT, COMPARED TO 2026. FEWER INSOLVENCIES ACROSS A
[00:46:26] LARGER POPULATION IS JUST THIS PERCENTAGE OF PEOPLE HITTING ROCK BOTTOM.
[00:46:29] KIND OF A BIG DIFFERENCE.
[00:46:32] EXCEPT NOW YOU'RE ALL LIKE,
[00:46:33] WELL, NOT REALLY ANDREW, .15%
[00:46:38] AND.11% ARE PRETTY CLOSE, TO WHICH I SAY, YEAH, IF YOU ARE A GIANT.
[00:47:02] ON THE STREET BELOW, OR JUST HAVE 11 PIANOS FALL ON YOU?
[00:47:05] YEAH, THAT'S WHAT I THOUGHT.
[00:47:06] >> THERE IS THIS RESONANCE WITH
[00:47:11] 2009 AND THE NUMBER OF FILINGS THAT WE SAW BACK THEN. BUT IT IS A DIFFERENT SET OF FACTORS. A LOT OF THE ECONOMIC STRAIN THAT WE FOUND OURSELVES IN THE
[00:47:14] PAST FIVE OR SIX YEARS IS A CONTRIBUTING FACTOR.
[00:47:18] I DON'T THINK THAT WE NECESSARILY NEED TO BE ALARMIST AT THIS POINT, BUT CERTAINLY CONCERNING.
[00:47:21] >> Andrew: THE POINT BEING --
[00:47:23] WE SHOULD REALLY UNDERLINE AND REPEAT WHAT THIS INSOLVENCY
[00:47:26] TRUSTEE TOLD US A MINUTE AGO.
[00:47:28] >> ADJUSTED FOR POPULATION WE ARE NOWHERE NEAR WHERE WE WERE
[00:47:31] IN 2009.
[00:47:34] >> Andrew: BUT --
[00:47:37] >> WE SIGNIFICANTLY HIGHER
[00:47:41] THAN WE WERE A YEAR, TWO YEARS
[00:47:42] OR THREE YEARS AGO.
[00:47:47] >> Andrew:TA-DA-D AFTER!
[00:47:52] YES, THINGS ARE STILL BAD.
[00:47:56] SO THIS IS A GOOD TIME TO CIRCLE BACK TO THAT FIRST GRAPH THAT WE SHOWED YOU. SO WE NOW KNOW THAT WE CAN TAKE THIS COMPARISON TO 2009 LEVELS OF PERSONAL INSOLVENCY WITH A GRAIN OF SALT.
[00:48:00] BUT THAT DOESN'T LET US OFF THE HOOK OF HAVING TO CONFRONT THIS RICKETY STAIRCASE.
[00:48:03] INSOLVENCIES ARE UP.
[00:48:06] >> YOU KNOW IN THE LAST YEAR OR SO IT'S BEEN A MORE RAPID
[00:48:09] ACCELERATION OF THE NUMBERS OF
[00:48:11] FOLKS THAT ARE SEEKING RELIEF
[00:48:14] THROUGH THE INSOLVENCY PROCESS IN CANADA. >> Andrew: AND IN CANADA'S MOST
[00:48:18] POPULOUS PROVINCE, BANKRUPTCIES ARE UP.
[00:48:21] SO SPECIFICALLY IN ONTARIO, THE
[00:48:25] TYPE OF INSOLVENCY WHERE PEOPLE
[00:48:28] ARE HAVING TO FORFEIT SOMETIMES THEIR PRICIEST ASSETS -- FULL-ON BANKRUPTCY WHERE THEY CAN'T COMMIT TO REPAYING ANY SIGNIFICANT PORTION OF THEIR
[00:48:32] DEBTS. THOSE ARE UP IN A PRETTY SIGNIFICANT WAY.
[00:48:36] ABOUT 27% YEAR-OVER-YEAR. Q1 TO Q1.
[00:48:39] >> WE ARE CERTAINLY SEEING
[00:48:42] ONTARIO GETTING HIT HARDER
[00:48:44] PROPORTIONALLY THAN REST OF THE COUNTRY, PRESUMABLY BECAUSE ONTARIO HAS A GREATER
[00:48:48] MANUFACTURING BASE. >> President Trump: CANADA HAS
[00:48:51] BEEN RIPPING US OFF FOR YEARS.
[00:48:52] TOMORROW TARIFFS, 25% ON CANADA.
[00:48:56] INSTEAD OF A MANUFACTURING
[00:48:57] RECESSION, WE CAN HAVE A
[00:49:00] MANUFACTURING RENAISSANCE.
[00:49:02] >> Andrew: AS TEMPTING AS IT IS, THERE'S NO ONE REASON THAT FULLY
[00:49:05] EXPLAINS WHY CANADIANS ARE INCREASINGLY FINDING THEMSELVES
[00:49:09] AT THIS KIND OF FINANCIAL BREAKING POINT.
[00:49:12] OUR GENERAL COST OF LIVING -- INFLATION -- HAS SOARED HIGHER
[00:49:15] THAN ANY OF US WOULD LIKE. >> GROCERIES ARE GETTING MORE EXPENSIVE MORE QUICKLY THAN MANY
[00:49:19] OTHER ITEMS. >> IT SEEMS THAT EVERYTHING IS
[00:49:23] GETTING PRETTY PRICEY.
[00:49:24] >> A FOUR PERSON HOUSEHOLD,
[00:49:29] INCLUDING ME, AND WE ARE ALL
[00:49:31] LIVING PAYCHEQUE TO PAYCHEQUE. >> WE HAVE ABOUT ANOTHER 20 YEARS OF COST OF LIVING AND
[00:49:35] AFFORDABILITY STRUGGLES. BACK THEN IT WAS A LITTLE BIT
[00:49:36] NOTICEABLE AND NOW IT'S ALMOST
[00:49:40] IMPOSSIBLE NOT TO NOTICE.
[00:49:44] >> Andrew: PLUS THE WAR ON IRAN, THE CHOKEHOLD ON OIL DRIVING GAS
[00:49:48] PRICES UP.
[00:49:49] THAT TOO IS A PAIN POINT WHERE
[00:49:54] IT'S HARD TO BE LIKE, I WILL SAVE ON GAS BY ONLY DRIVING HALF OF THE DISTANCE TO WORK TODAY. >> YOU GOT TO PAY GAS.
[00:49:58] PEOPLE HAVE TO GET TO WORK. >> COST OF GAS HAS PUT MY FLEET
[00:50:00] UP BY A COUPLE THOUSAND DOLLARS OVER THE LAST FEW MONTHS.
[00:50:04] >> A LOT OF PEOPLE ARE NOW REACHING THE BREAKING POINT,
[00:50:08] THEY JUST CANNOT DO IT.
[00:50:09] THE FIRST MONTH OR TWO WHEN THE
[00:50:14] GAS PRICES GO UP, IT'S NOT A BIG
[00:50:17] DEAL, I CAN JIGGLE THINGS AROUND. BUT AS IT HAPPENS MONTH AFTER
[00:50:20] MONTH, THE PRESSURE BUILDING. SO THESE THINGS AROUND THE BANKING CRISIS AND COVID, SUPPLY
[00:50:24] SHOCKS, RUSSIA INVASION OF UKRAINE, CLOSURE OF THE STRAIT
[00:50:28] OF HORMUZ, ALL OF THESE THINGS ARE JUST EXTRA THINGS WHERE WE MIGHT SHRUG THEM OFF AS A BAD
[00:50:31] WEEK, A BAD MONTH, A BAT YEAR --
[00:50:33] -- BAD YEAR, IT IS, WAIT, THIS
[00:50:35] HAS BEEN A BAD LIFETIME. >> Andrew: SO THE WORST NEWS IS
[00:50:38] THAT INSOLVENCIES AND BANKRUPTCIES ARE UP IN A WAY THAT WE HAVEN'T SEEN IN ALMOST
[00:50:41] TWO DECADES. >> IT IS DEFINITELY CONCERNING
[00:50:44] AND IT'S CERTAINLY HIGHER THAN
[00:50:46] IT HAS BEEN FOR MANY YEARS.
[00:50:49] >> Andrew: THE WORRYING NEWS IS
[00:50:53] THAT INSOLVENCIES ARE A SYMPTOM
[00:50:55] OF A BROADER ECONOMIC PROBLEM
[00:50:59] THAT DOESN'T LOOK TO BE GOING AWAY ANYTIME SOON. >> I THINK IN THE SHORTER TERM WE'LL SEE IT CONTINUE TO INCREASE. >> Andrew: BUT THE REASSURING
[00:51:02] NEWS IS THAT WE HAVE SEEN WORSE.
[00:51:03] COMPARISONS, ESPECIALLY TO
[00:51:07] THINGS 20 YEARS AGO, ARE TOUGH TO MAKE ACCURATELY.
[00:51:10] SO THE REAL TEST WILL BE IN WHERE THINGS GO STARTING NOW.
[00:51:13] >> Crystal: THE PROVINCE'S HARDEST HIT THIS QUARTER -- NOVA SCOTIA, NEW BRUNSWICK AND
[00:51:16] NEWFOUNDLAND. IN B.C., QUÉBEC AND P.E.I.,
[00:51:20] INSOLVENCIES ACTUALLY DECREASED.
[00:51:24] (♪) >>> COMING UP, A BRIDE'S ENGAGEMENT RING GETS LOST IN THE
[00:51:28] SAND AT THE ALTAR.
[00:51:32] >> TO ACTUALLY TO LOSE A RING
[00:51:35] DURING A CEREMONY IS A FIRST. >> Crystal: HOW IT WAS FOUND NEXT IN OUR "MOMENT."
[00:51:38] (♪)
[00:56:42] (♪)
[01:00:25] (♪) >> Crystal: TONIGHT, CBC NEWS
[01:00:27] HAS LEARNED CANADIAN AND U.S.
[01:00:30] NEGOTIATORS ARE AIMING TO SEND A POTENTIAL TRADE DEAL TO THE
[01:00:33] WHITE HOUSE BY NEXT WEEK.
[01:00:39] >> WE WILL HAVE SOMETHING TO SAY
[01:00:40] WHEN THE MOMENT IS RIGHT. >> Crystal: TALKS ARE CLEARLY
[01:00:44] HEATING UP, BUT THE U.S. PRESIDENT WILL GET THE FINAL SAY. >> IT IS QUITE POSSIBLE THAT THINGS WILL GET TOUGHER THIS
[01:00:47] WEEK. >> Crystal: CAN HE BE SWAYED TO BACK OFF HIS LATEST TARIFF THREAT?
[01:00:50] (♪)
[01:00:55] >>> REPORTS OF A SECRET OPERATION TO MOVE DONALD TRUMP