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SaltWire's money woes a sign of bigger problems in the newspaper business: experts

The recent decision by SaltWire Network Inc., Atlantic Canada's largest newspaper company, to seek protection from its creditors is another sign of the decline of the business and the growing threat to local journalism, experts said Tuesday.

Toronto , Ontario , Canada , United-states , Sydney , New-south-wales , Australia , Cape-breton , Nova-scotia , America , Canadian , April-lindgren

N.S. news: SaltWire $94 million in debt

A private debt firm has driven Atlantic Canada’s largest newspaper company, The Chronicle Herald and SaltWire Network, into insolvency.

Ottawa , Ontario , Canada , Dalhousie , New-brunswick , Prince-edward-island , Cape-breton , Nova-scotia , Ian-scott , Wayne-mckay , Sarah-dennis , Stephen-kimber

Atlantic newspaper owner SaltWire faces insolvency after lender files claim

Atlantic newspaper owner SaltWire faces insolvency after lender files claim
piquenewsmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from piquenewsmagazine.com Daily Mail and Mail on Sunday newspapers.

Canada , Canadian , Ian-scott , Halifax-herald-ltd , Supreme-court , Canada-revenue-agency , Grant-thornton-ltd , Fiera-private-debt-fund , Transcontinental-nova-scotia-media-group-inc , Restructuring-inc , Saltwire-network-inc , Nova-scotia

Atlantic newspaper owner Saltwire faces insolvency after lender files claim - Business News

A private equity fund is initiating insolvency proceedings against Atlantic newspaper owner SaltWire Network Inc., claiming it owes tens of millions of dollars after several years of mismanagement.

Canada , Canadian , Andrew-vaughan , Fiera-private-debt-fund , Transcontinental-nova-scotia-media-group-inc , Supreme-court , Halifax-herald-ltd , Saltwire-network-inc , Chronicle-herald , Nova-scotia , Halifax-herald , Atlantic-canada

Atlantic newspaper owner Saltwire faces insolvency

Fiera Private Debt Fund said in the filings that senior management of the company has mismanaged the business, used employee pension funds for operations and failed to remit HST.

Montreal , Quebec , Canada , Vancouver , British-columbia , New-york , United-states , Canadian , Allison-hanes , Jack-todd , Ian-scott , Quinn-hughes

Atlantic newspaper owner Saltwire faces insolvency after lender files claim

Atlantic newspaper owner Saltwire faces insolvency after lender files claim
stalbertgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stalbertgazette.com Daily Mail and Mail on Sunday newspapers.

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Baystreet.ca - Atlantic Canada Newspaper Chain SaltWire Files For Bankruptcy

Atlantic newspaper chain SaltWire Network has filed for bankruptcy protection from its creditors.
The move comes after a private equity fund initiated insolvency proceedings against the media company, claiming it owes tens of millions of dollars ...

Canada , Prince-edward-island , Mark-lever , Sarah-dennis , Fiera-private-debt-fund , Canada-revenue-agency , Saltwire-network , Nova-scotia , Atlantic-canada , Chronicle-herald , Prince-edward , Harmonized-sales-tax

SaltWire Files for Creditor Protection

The company that owns dozens of news publications in Atlantic Canada has filed for creditor protection after a...

Canada , Fiera-private-debt-fund , Canada-revenue-agency , Atlantic-canada , Fiera-private-debt , Canada-revenue ,

Atlantic newspaper owner Saltwire faces insolvency after lender files claim | iNFOnews

HALIFAX - A private equity fund is initiating insolvency proceedings against Atlantic newspaper owner Saltwire Network Inc., claiming it owes tens of millions of dollars after several years of mismanagement.

Canada , Canadian , Andrew-vaughan , Fiera-private-debt-fund , Transcontinental-nova-scotia-media-group-inc , Restructuring-inc , Supreme-court , Halifax-herald-ltd , Canada-revenue-agency , Saltwire-network-inc , Chronicle-herald , Publication-date-march