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Sign up to get our news digest — delivered directly to your inbox twice a week. Netflix’s latest round of mass layoffs has reached its animation division, with at least two executives working in adult and original animation among approximately 1,000 employees, roughly 6% of the company’s workforce, losing their jobs.

ADVERTISEMENTThe OpenWhat do business leaders want in the federal budget? Lachlan Wolfers, national leader at KPMG Law, Canada, joins BNN Bloomberg to discuss what businesses want ahead of the Federal Budget 2026. October 15, 2026 at 11:06a.m. EDT

Councillor Jason Lum. (Image Credit: Councillor Jason Lum.) CHILLIWACK – Chilliwack Councillor Jason Lum, one of four mayoral candidates in this Saturday’s municipal election, is rejecting unsubstantiated claims levelled against him by one of his opponents about his previous business activities. The Conservative Electors Association sent a statement to news media outlets Wednesday (Oct. 14) claiming that Councillor’s Lum past business dealings somehow disqualify him to serve as Chilliwack’s next mayor. The Conservative Party of Chilliwack claims it’s demanding an independent investigation into alleged conflicts of interest involving Lum, and claimed that Lum voted to appoint directors of city-owned corporations that did business with Myriad, a company he was once involved in. One of his opponents, Surrey resident Martina Rosini, is quoted in the Conservative Electors Association news release pushing for an independent inquiry. In response, Lum wrote on social media that he’s rejecting the latest accusations from a candidate and an organization that are not based in Chilliwack. He is asking Rosini to substantiate her claims. “I believe in accountability. I believe in transparency.

'Come be part of history, bring back your empty alcohol containers to The Beer Store on Saturday, Oct. 17 as we work to set a Guinness World Records title' BOLTON  – On Saturday, Oct. 17, 2026, The Beer Store invites Ontario consumers to attempt a Guinness World Records title for most container deposit return transactions in 24 hours (multiple venues).

The Canadian dollar was stronger Thursday morning, finding support from gains in crude oil. At 9:19 a.m. CDT the Canadian dollar was trading at US$0.7045 or US$1=C$1.4194 which compares with Wednesday’s close of US$0.7011 or US$1=C$1.4263.

Browse this and many other websites without banner ads, personalized tracking and video ads. There are plenty of Canadian car buyers looking to make the jump from internal combustion to electric vehicles. According to Automotive News, a September survey published by the think tank Clean Energy Canada showed that 48 percent of respondents want an EV as their next car. And now that Canada will be allowing some Chinese EVs into the market, close to half of those potential customers are willing to wait for them.

A sell-off for artificial-intelligence stocks is hitting Wall Street again after whipping around the world on worries about how much longer the AI frenzy will last. The S&P 500 fell 0.5 per cent early Thursday, and the Nasdaq composite 1.2 per cent. The Dow Jones Industrial Average rose 269 points. Among tech stocks, Nvidia fell 3.2 per cent and Advanced Micro Devices lost 5.4 per cent. South Korea’s Kospi index sank 7.6 per cent. The losses came as another report signaled inflation has worsened by even more in the United States than economists expected. Wholesale inflation jumped last month, driven by a big increase in energy costs. Tech stocks appeared to be headed for another sell-off before the bell with inflation anxiety hammering that high-growth sector ahead of the U. S. earnings season. Artificial intelligence stocks were down again after taking a beating a day earlier. Story continues below advertisement

Europe’s benchmark natural gas prices remain close to their highest levels since the end of 2022 as the lack of LNG supply from Qatar compounds the EU problem of filling depleted storage sites ahead of the winter. The front-month price at the Dutch Title Transfer Facility (TTF), the benchmark for Europe’s gas trading, fell by 1% as of 9 a.m. Amsterdam time on Thursday, amid a slide in crude oil futures. But at $96.56 (86.03 euros) per megawatt-hour (MWh), the price is now at its highest levels since December 2022, when Europe faced the first winter without most of the Russian pipeline gas supply. EU storage sites were only 74% full as of October 14, per data from Gas Infrastructure Europe. That’s well below the five-year average of about 86% for this time of the year so close to the start of the heating season. With supply concerns growing, European gas prices remain at the levels seen in the 2022-2023 energy crisis as LNG supply from the Middle East has not recovered at the same pace oil flows have.

Double-digit management consulting growth supports earnings as softer pricing impacts insurance and reinsurance renewals Marsh reported an 8% increase in third-quarter revenue to $6.9 billion, with strong management consulting growth helping offset a decline in reinsurance revenue and slower expansion across its insurance services segment.

The Canadian dollar was stronger Thursday morning, finding support from gains in crude oil. At 9:19 a.m. CDT the Canadian dollar was trading at US$0.7045 or US$1=C$1.4194 which compares with Wednesday’s close of US$0.7011 or US$1=C$1.4263.

Kelowna’s Jonathan Palmer is in Toronto helping to shape the future of climate action. The Extropic Energy President and CEO is being recognized for his efforts in climate action and fossil fuel emission reduction.

Netflix laid off roughly 1,000 employees on Wednesday, equally roughly 6% of its work force. Netflix film chairman Dan Lin was spared in Wednesday’s bloodbath at the streamer, which saw 1,000 staffers receiving pink slips and Lin’s No. 2, film VP Doug Belgrad, step down.