Corus to centralize Calgary, Edmonton news production, some jobs cut

Corus Entertainment is consolidating news production for its television stations in Calgary and Edmonton, a move that will result in job reductions. The Toronto-based media company stated that the decision is part of broader programming and production changes across Canada designed to enhance business efficiency while maintaining the delivery of original, local journalism.

A Corus spokesperson confirmed the commitment to local news delivery in both cities but acknowledged that the changes necessitated saying goodbye to some employees. The company expressed appreciation for their contributions and wished them well in their future endeavors. Corus declined to comment on specific individuals affected by the layoffs.

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Corus is committed to local news and will maintain its local news delivery in Calgary and Edmonton. As a result of these changes, we have had to say goodbye to some of our employees. We greatly appreciate their time with us and wish them the best in their future endeavours.

These organizational shifts are occurring within the context of a significant corporate restructuring and ongoing financial difficulties for Corus. The company reported a net loss attributable to shareholders of $36.5 million in its third quarter of 2026. Corus is currently seeking approval from the CRTC for a proposed recapitalization plan.

This plan aims to shift control of the company to a newly created parent corporation, NewCo. It includes reducing total debt and liabilities by over $500 million, slashing annual cash interest by up to $40 million, and extending debt maturity by five years. Corus currently carries approximately $1.1 billion in debt. CEO John Gossling has previously described the plan as the "best path for Corus."

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the plan represents the best path for Corus.