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Ottawa extends, doubles news media bailout

You have to hand it to the suits at News Media Canada, who have pulled yet another lucrative rabbit out their hat by persuading Ottawa to not only extend its five-year $595 million bailout for two more years, but to more than double its allowed payout per journalist. This cash injection likely avoids disaster in the wake of the government’s ill-advised Online News Act.
Isabel Metcalfe Jamie Irving Eric Reguly Bob Cox Paul Godfrey Paul Deegan

Torstar (TSE:TS.B) Trading Down 96.3%

Shares of Torstar Corporation (TSE:TS.B – Get Free Report) fell 96.3% during trading on Monday . The stock traded as low as C$0.73 and last traded at C$0.74. 19,112 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 119,270 shares. The stock had previously closed at C$20.25. Torstar […]
United States Torstar Corporation Torstar Syndication Services Community Brands Get Free Report Daily Brands

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Trudeau interview reveals uncomfortable truth

It’s not often that the prime minister of Canada gets his lunch handed to him by a small-town journalist, but that’s exactly what happened last week in Sault Ste. Marie, where Justin Trudeau sat down for an interview with Village Media Editor-in-Chief Michael Friscolanti. During the interview, Friscolanti asked Trudeau if passing the Online News Act was the right move.
Jeff Elgie Michael Friscolanti Justin Trudeau Michael Geist Paul Godfrey University Of Ottawa

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