
Big Headlines: Canada's counter-tariffs against the U.S. are now in effect as Carney addresses the nation
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The Big Story — Big Headlines: Canada's counter-tariffs against the U.S. are now in effect as Carney addresses the nation. Machine-transcribed; use the interactive transcript above to jump the player to any line.
Frequency podcast network. Stories that matter, podcasts that resonate. The trade showdown with Washington continues. Canada's counter tariffs are now in effect and further escalation could be on the horizon following Trump's threats. Hi, I'm Vergesh Dave. This is Big Headlines. Everything you need to know to be in the know in just five minutes. The trade war with the United States is entering a new stage with this country's retaliatory tariffs now in effect while the U.S. is already threatening another escalation. Canada's hitting back with dollar for dollar penalties on exports, including steel, aluminum and appliances. Prime Minister Karney also addressing the country with a national video address this morning just hours after Canada's retaliatory tariffs kicked in, reiterating Canada's plan to respond to the U.S. trade war by striking new trade deals with other countries to become less
reliant on the Americans. Canada is a nation forged in adversity, a country that prides itself on doing what's right, not what's easy. The nation that knows we're always stronger together. Canada came to life in many ways in response to American aggression. The most fundamental issue is that the cumulative U.S. demands revealed that they wanted us to become even more reliant on them, not less. And I promise that that will never, ever happen. Karney saying we have everything we need to pivot and to prosper and that pivot will come at a cost, but there's always a cost to action, but it doesn't come close to the cost of standing still. But UBC professor and economist Michael DeVero tells CNN the policy is a gamble. Retalliation hurts Canada probably more than in fact than it hurts the U.S. This is not really an economic argument. The argument is more political. Before the tariffs even kicked in, the U.S. threatened further escalation. Trump announced he
intends to ban Bombardier sales in the U.S. unless it commits to making jets in that country. A statement from the manufacturer though already says it's a strong contributor to the U.S. economy with tens of thousands of jobs. The Prime Minister's office says there are no calls planned between Mark Karney and President Trump. Canadian businesses are reacting to the new retaliatory tariffs. The trade war underscored Labor Day in this country and with labor leaders saying they support hitting back even if there's an economic effect. Ryan Mallow, Vice President of the Canadian Federation of Independent Business says some are preparing to adapt. We have heard from businesses that saying that this could be the end of them, but we also know that there are a number of businesses that are going to make decisions around investments, around expansion, and certainly around employees, in some cases roles, in some cases hours, but all of these things are going to be front in the center for business owners over the next few weeks. Honey exporter Richard O'Zero from Alberta
appeared on CNN this morning. We're in a trade war that determines which farmer gets hurt. All we want is a functioning market back. Canadians are pretty united against wanting to stand up for our country, but all we want is fair market access. In a statement Prime Minister Karney says this country is growing away from one single partner. Also making big headlines, a new report time to coincide with back to school, names online harms as the number one threat facing children in this country. The annual report from Children's First Canada Finds Police reported online child sexual exploitation rose nearly 350% nationally between 2014 and 2024. Ontario accounted for nearly 8,000 of the almost 30,000 reports last year, more than any other province and more than double the next highest. The report points to mental health as the leading health burden for young people with students in the greater Toronto area having the highest rates in the province. The study also
finds child poverty has risen for a third straight year, affecting nearly 1.4 million kids nationally or 18%. It's 20% in Ontario and nearly 26% in Toronto. A Canadian tourist is reported to be in good health after his yacht was found by Australian rescuers partially submerged in a remote part of the Indian Ocean. The manager of the Australian Maritime Safety Authority Rescue Coordination Center in Canberra says the yachtsmen failed to check in with family in Canada on Sunday during their solo trip and his brother contacted authorities in Australia. Once we've confirmed the information, we tasked our Perth-based challenger to relocate and then conduct a radar search for the vessel. The location that the vessel was last known to be and is very isolated. The yacht was on its way from Darwin to Christmas Island and the last known
position that we were given for the vessel was around about 1000 kilometres to the north west of Brune, a very isolated, very remote part of the world. A Canadian sailor was to be taken back to the Australian city of Darwin. Hawaii is under a state of emergency as a powerful hurricane brings heavy rain and flooding with the westernmost island the worst hit. Schools and government offices are closed today as hurricane Lowell lashes the state with heavy rain and dangerous surf. Conditions rapidly deteriorating Monday on Hawaii's western islands where Lowell's impacts were expected to peak Monday night in Tuesday morning. We are asking everyone to start sheltering in place. Many residents stalking up in preparation while travelers are adjusting their plans due to the storm. I worry about the hurricane going to heat up the island. I decided to cancel my flight. This as its impacts continue to be felt on islands farther east than
Hawaii, including Oahu, where heavy rain left roads flooded. It's the third storm in just over three weeks to target Hawaii as El Nino supercharges of the Pacific Hurricane season. If you haven't listened yet today on the big story how economic hardship increases gender-based violence, host Catherine Jatay is speaking with the executive director of Women's Shelters Canada. You touched earlier on financial abuse. This idea that one partner might be very controlling of the other partners spending or use finances to gain a tighter control over them. Do you think most people are aware that this is a form of abuse? I think anyone who has experienced domestic violence knows that this is one part, one form of it, because 96% of survivors have said they've experienced it. In fact, it's in many cases much
more prevalent than physical abuse and it can also be very tightly tied to tech-facilitated violence. Violence that happens online because people can use online apps and online financial tools to continue to perpetrate that abuse. You can listen to the full episode wherever you get your podcasts. Now you're in the know. Thank you for listening to Big Headlines. Make sure you follow, share and review Big Headlines and Rika Amaturo is our lead producer. I'm your host, Vergesh Dave. Thank you for listening. We'll talk to you tomorrow.
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