Pressure from a decline in print advertising revenue continued to push down Postmedia Network Inc.’s sales in the last quarter, but the media company kept its operating results in check with an almost equal decrease in spending during the period.
Peter KuitenbrouwerAfter a successful career as a journalist in India including a stint at the Hindustan Times, twelve years ago Jaspal Singh Shetra moved to Toronto. He bought a little Punjabi-language newspaper in Mississauga. A few years later he noticed that 65% of his costs went to his printing bill.
Canadian National Railway is looking to tap into the growing North American demand for shale gas by launching service this fall to a new frac sand terminal being built in northwestern Alberta.
The railway said Wednesday it has signed an agreement with Di-Corp, a distributor of specialty chemicals and equipment to the mining industry, that is building a facility to handle the material used in the hydraulic fracturing process that is growing in popularity, particularly in the United States.
OTTAWA — Stephen Maher of Postmedia News and Glen McGregor of the Ottawa Citizen have been named this year’s recipients of the World Press Freedom Award.
Margaret Munro, science writer for Postmedia News, was named runner-up for the honour, which is given out by the Canadian Committee for World Press Freedom.
OTTAWA — Canadian foreign-service officers were to withdraw services Monday at 15 embassies worldwide in the most substantial action the union has taken since the dispute first began.
As of Sunday evening, the foreign-service officers union had already shut down services at embassies that process thousands of visas for visitors, temporary employees and students, Timothy Edwards, president of the Professional Association of Foreign Service Officers, told Postmedia News.
Canada’s largest chain of big-city English-language daily newspapers is eliminating the role of local publishers at its papers as part of a move to centralize more of the company’s business operations.
Postmedia Network Canada Corp., which owns the National Post and nine other major English-language dailies, announced the move in an internal memo to employees Tuesday.
OTTAWA — European exporters will save about three times the amount of duty payments compared with their Canadian counterparts in a landmark free-trade agreement, The Canadian Press has learned.
Sources say European Union exporters will save more than $670 million annually in duty payments compared with about $225 million annually for Canada’s.
That apparent win for European exporters is contained in an internal EU analysis of its sweeping agreement-in-principle with Canada, sources say.
GATINEAU, Que. — The federal broadcast regulators will take a look at the educational aspect of the Oprah Winfrey Network Canada to determine if it is meeting its licence requirements of broadcasting educational content.
The Canadian Radio-television and Telecommunications says it will hold a hearing next Tuesday looking into whether the network’s shows are educational enough to meet its mandate.
Media company Corus Entertainment Inc. has the licence for the Oprah Winfrey Network Canada channel.