From CP via ctvtoronto.ca:

Canwest Global Communications Corp. says Global Toronto is eliminating its noon television newscasts.

Canwest spokesman John Douglas wouldn't confirm how many layoffs the decision will result in, but says fewer than 40 employees will be affected.

He says Canwest decided in November that it would eliminate the morning newscast, and in the process of reviewing Global Toronto's operations, decided to cancel the noon newscast as well.