Competition Bureau Closes Investigation of Postmedia and Torstar

Total Page：16

File Type：pdf, Size：1020Kb

Competition Bureau closes investigation of Postmedia and Torstar January 7, 2021 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia”) welcomes today’s announcement from the Competition Bureau which confirms that the Bureau has closed its investigation into the November 2017 transaction among Postmedia and Torstar and its subsidiary Metroland Media Group. “From the outset we have adamantly maintained that Postmedia has done nothing wrong and now, more than two years later, the Competition Bureau has closed the investigation,” said Andrew MacLeod, President and CEO, Postmedia. “We are happy to have this matter and the associated pressure and cost behind us and look forward to continuing the important work of keeping Canadians informed with ambitious, trusted and high-quality journalism and delivering high-value and data-driven marketing solutions to businesses and advertisers. We will continue to urge the Bureau to apply its considerable resources to address the impacts of foreign digital monopolies on our industry and others in Canada.” About Postmedia Network Canada Corp. Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 120 brands across multiple print, online, and mobile platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. For more information, visit www.postmedia.com. For more information: Media Contact Phyllise Gelfand Vice President, Communications (647) 273-9287 [email protected] .

Copy Link

Recommended publications

Canada Post Corporate Health and Safety Policy
Canada Post Corporate Health And Safety Policy Modernism and Archilochian Forbes always sobbings brilliantly and strops his Anton. Squirrelly and crepitant Timmie never wadded his demobs! Edouard remains snubbier: she expunged her banshees detains too jugglingly? Sometimes, workplaces have rules, policies, practices and behaviours that apply equally to everyone, but can create barriers based on an irrelevant group characteristic. North Bay Nugget, a division of Postmedia Network Inc. Use ventilation when cleaning up mold. COHSRs concerning the installation of guard rails would apply to employers who do not control the work place. Where can I find items like hand sanitizer and masks? Like expertise, jurisdiction in this sense, at least, appears to be swallowed by reasonableness, yet it may still be subject to correctness. Get updates delivered right to your inbox. No employee shall work from any of the three top rungs of any single or extension portable ladder or from either of the two top steps of any portable step ladder. Never block workplace exit routes. Moya Greene, President and CEO at Canada Post. Work refusals have to be made day after day and only apply to the worker making the work refusal. Post handwashing signs in workplace restrooms. How filthy where necessary information and advisors keep them that must not proceed on canada post and corporate health safety policy of interest to subscribe to properly fastened to help slow. Management are competent to as mentioned above definitions apply at building inspections per the policy health and canada corporate safety. Before motorized or manual materials handling equipment is used for the first time in a work place, the employer shall set out in writing instructions on the inspection, testing and maintenance of that materials handling equipment.
[Show full text]
Postmedia Network Canada Corp. Management’S Discussion and Analysis
POSTMEDIA NETWORK CANADA CORP. MANAGEMENT’S DISCUSSION AND ANALYSIS FOR THE THREE MONTHS ENDED NOVEMBER 30, 2020 AND 2019 Approved for issuance: January 13, 2021 1 JANUARY 13, 2021 MANAGEMENT’S DISCUSSION AND ANALYSIS This management’s discussion and analysis of financial condition and results of operations of Postmedia Network Canada Corp. as well as its subsidiaries, which includes Postmedia Network Inc. (collectively, “we”, “our”, “us”, or “Postmedia”) should be read in conjunction with the interim condensed consolidated financial statements and related notes of Postmedia for the three months ended November 30, 2020 and 2019 and the annual audited consolidated financial statements and related notes of Postmedia for the years ended August 31, 2020 and 2019. The condensed consolidated financial statements of Postmedia for the three months ended November 30, 2020 and 2019 and the audited consolidated financial statements of Postmedia for the years ended August 31, 2020 and 2019 are available on SEDAR at www.sedar.com. This discussion contains statements that are not historical facts and are forward-looking statements. These statements are subject to a number of risks described in the section entitled “Risk Factors” contained in our annual management’s discussion and analysis for the years ended August 31, 2020 and 2019. Risks and uncertainties may cause actual results to differ materially from those contained in such forward-looking statements. Such statements reflect management’s current views and are based on certain assumptions. They are only estimates of future developments, and actual developments may differ materially from these statements due to a number of factors. Investors are cautioned not to place undue reliance on such forward-looking statements.
[Show full text]
Sudbury Could Lead 'Northern Renaissance' — Prof | Sudbury Star
OPINION Sudbury could lead 'Northern renaissance' — Robinson By Star Staff Wednesday, May 25, 2016 1:06:57 EDT AM Northern Ontario should have more control over its destiny and economic development according to Laurentian University economics professor David Robinson. John Lappa/Sudbury Star/Postmedia Network Sudbury could be the centre of a "Northern renaissance," David Robinson believes, if Northern Ontario had more control over its destiny and its economic development. Robinson, a Laurentian University economics professor, wrote a report entitled Revolution or Devolution?: How Northern Ontario Should be Governed, released last month by the Northern Policy Institute. The report calls for an alternative model of governance to give the region more control over its resource-based economy, which more than half of Northerners believe would be managed better locally than by a centralized Ontario government. The process, called devolution, could include granting Northern Ontario legislative powers, creating an elected but advisory Northern Ontario assembly, and the creation of a semi-autonomous district with most of the powers of a province. A strong case can be made, Robinson says, that there would be significant economic advantages from devolution of powers. Robinson had a chance to make that case when he took a time to participate in The Sudbury's Star's 10 Questions feature. 1. You have called for a "devolution" of powers for the North. For those who don't know, what does the term mean and how would it work here? It's like giving your grown-up kids the right to decide not to eat spinach. Devolution means transferring power to a lower level.
[Show full text]
Postmedia Network Canada Corp. Consolidated Financial Statements
POSTMEDIA NETWORK CANADA CORP. CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED AUGUST 31, 2019 AND 2018 Approved for issuance: October 24, 2019 1 Management’s Responsibility for Consolidated Financial Statements The accompanying consolidated financial statements of Postmedia Network Canada Corp. (the “Company”) and its subsidiaries are the responsibility of management and have been approved by the Board of Directors of Postmedia Network Canada Corp. Management is responsible for the preparation of these consolidated financial statements in conformity with International Financial Reporting Standards, as issued by the International Accounting Standards Board, the selection of accounting policies and making significant accounting estimates, assumptions and judgements. Management is also responsible for establishing and maintaining adequate internal control over financial reporting which includes those policies and procedures that provide reasonable assurance over the completeness, fairness and accuracy of the consolidated financial statements and other financial items. The Board of Directors fulfills its responsibility for the consolidated financial statements principally through its Audit Committee, which is composed of independent external directors. The Audit Committee reviews the Company’s annual consolidated financial statements and recommends their approval to the Board of Directors. The Audit Committee meets with the Company’s management and external auditors to discuss internal controls over the financial reporting process, auditing matters and financial reporting issues, and formulates the appropriate recommendations to the Board of Directors. The auditor appointed by the shareholders has full access to the Audit Committee, with or without management being present. The external auditors appointed by the Company’s shareholders, PricewaterhouseCoopers LLP, conducted an independent audit of the consolidated financial statements in accordance with Canadian generally accepted auditing standards and express their opinion thereon.
[Show full text]
Forward Looking Statements
TORSTAR CORPORATION 2020 ANNUAL INFORMATION FORM March 20, 2020 TABLE OF CONTENTS FORWARD LOOKING STATEMENTS ....................................................................................................................................... 1 I. CORPORATE STRUCTURE .......................................................................................................................................... 4 A. Name, Address and Incorporation .......................................................................................................................... 4 B. Subsidiaries ............................................................................................................................................................ 4 II. GENERAL DEVELOPMENT OF THE BUSINESS ....................................................................................................... 4 A. Three-Year History ................................................................................................................................................ 5 B. Recent Developments ............................................................................................................................................. 6 III. DESCRIPTION OF THE BUSINESS .............................................................................................................................. 6 A. General Summary................................................................................................................................................... 6 B.
[Show full text]
French-Speaking Immigrants Could Fill North's Gap | Sudbury Star
French-speaking immigrants could fill North's gap | Sudbury Star Login Friday, March 16, 2018 -12° Sudbury Prosthetic & Orthotic Design HOME NEWS SPORTS ENTERTAINMENT LIFE MORE MONEY French-speaking immigrants could fill North's gap By Emma Meldrum Tuesday, March 13, 2018 1:52:25 EDT AM Chartwell, Thunder Bay Offering Delicious Christian Howard, project co-ordinator with Réseau du Nord: Francophone http://www.thesudburystar.com/2018/03/13/french-speaking-immigrants-could-fill-norths-gap[3/16/2018 10:36:10 AM] French-speaking immigrants could fill North's gap | Sudbury Star immigration support network. Emma Meldrum / Postmedia Dining, Enriching Recruiting French-speaking immigrants could be the solution to the North's Activities & Care labour shortage, says Christian Howard. Howard, of Sudbury and project co-ordinator with Réseau du Nord: Plans. Call Us Francophone immigration support network, says 47 per cent of Northern Ontario's workforce is eligible to retire by 2031. Today. “We are short 50,000 people because we didn't have enough kids – and that's if we have no economic growth,” he says. Howard cites the Northern Ontario Policy Institute, which stated that the North would need 7,000 immigrants a year for 22 years to keep the economy going. “What we're suggesting is to recruit French-speaking immigrants to maintain a demographic weight,” he says. “It's good for the culture, it's good for the community.” “There's no risk and there's no fear to hire qualified (French-)speaking immigrants,” he says. “The Federation of Acadian and Francophone Communities in Canada, in line with Immigration, Refugees and Citizenship Canada, every year they organize recruitment fairs in Paris and Brussels where, for free, they'll go recruiting qualified workers for Canadian employers that are interested.” Howard says an influx of French-speaking immigrants has already started, with 60 francophone international students currently studying at Collège Boréal in Timmins and Université de Hearst.
[Show full text]
2021 Ownership Groups - Canadian Daily Newspapers (74 Papers)
2021 Ownership Groups - Canadian Daily Newspapers (74 papers) ALTA Newspaper Group/Glacier (3) CN2i (6) Independent (6) Quebecor (2) Lethbridge Herald # Le Nouvelliste, Trois-Rivieres^^ Prince Albert Daily Herald Le Journal de Montréal # Medicine Hat News # La Tribune, Sherbrooke^^ Epoch Times, Vancouver Le Journal de Québec # The Record, Sherbrooke La Voix de l’Est, Granby^^ Epoch Times, Toronto Le Soleil, Quebec^^ Le Devoir, Montreal Black Press (2) Le Quotidien, Chicoutimi^^ La Presse, Montreal^ SaltWire Network Inc. (4) Red Deer Advocate Le Droit, Ottawa/Gatineau^^ L’Acadie Nouvelle, Caraquet Cape Breton Post # Vancouver Island Free Daily^ Chronicle-Herald, Halifax # The Telegram, St. John’s # Brunswick News Inc. (3) The Guardian, Charlottetown # Times & Transcript, Moncton # Postmedia Network Inc./Sun Media (33) The Daily Gleaner, Fredericton # National Post # The London Free Press Torstar Corp. (7) The Telegraph-Journal, Saint John # The Vancouver Sun # The North Bay Nugget Toronto Star # The Province, Vancouver # Ottawa Citizen # The Hamilton Spectator Continental Newspapers Canada Ltd.(3) Calgary Herald # The Ottawa Sun # Niagara Falls Review Penticton Herald The Calgary Sun # The Sun Times, Owen Sound The Peterborough Examiner The Daily Courier, Kelowna Edmonton Journal # St. Thomas Times-Journal St. Catharines Standard The Chronicle Journal, Thunder Bay The Edmonton Sun # The Observer, Sarnia The Tribune, Welland Daily Herald-Tribune, Grande Prairie The Sault Star, Sault Ste Marie The Record, Grand River Valley F.P. Canadian Newspapers LP (2) The Leader-Post, Regina # The Simcoe Reformer Winnipeg Free Press The StarPhoenix, Saskatoon # Beacon-Herald, Stratford TransMet (1) Brandon Sun Winnipeg Sun # The Sudbury Star Métro Montréal The Intelligencer, Belleville The Daily Press, Timmins Glacier Media (1) The Expositor, Brantford The Toronto Sun # Times Colonist, Victoria # The Brockville Recorder & Times The Windsor Star # The Chatham Daily News The Sentinel Review, Woodstock Globe and Mail Inc.
[Show full text]
Change and Churning in Canada's Media Landscape
DISRUPTION: Change and Churning in Canada’s Media Landscape JUNE 2017 Report of the Standing Committee on Canadian Heritage The Hon. Hedy Fry, Chair 42nd PARLIAMENT, FIRST SESSION Published under the authority of the Speaker of the House of Commons SPEAKER’S PERMISSION Reproduction of the proceedings of the House of Commons and its Committees, in whole or in part and in any medium, is hereby permitted provided that the reproduction is accurate and is not presented as official. This permission does not extend to reproduction, distribution or use for commercial purpose of financial gain. Reproduction or use outside this permission or without authorization may be treated as copyright infringement in accordance with the Copyright Act. Authorization may be obtained on written application to the Office of the Speaker of the House of Commons. Reproduction in accordance with this permission does not constitute publication under the authority of the House of Commons. The absolute privilege that applies to the proceedings of the House of Commons does not extend to these permitted reproductions. Where a reproduction includes briefs to a Standing Committee of the House of Commons, authorization for reproduction may be required from the authors in accordance with the Copyright Act. Nothing in this permission abrogates or derogates from the privileges, powers, immunities and rights of the House of Commons and its Committees. For greater certainty, this permission does not affect the prohibition against impeaching or questioning the proceedings of the House of Commons in courts or otherwise. The House of Commons retains the right and privilege to find users in contempt of Parliament if a reproduction or use is not in accordance with this permission.
[Show full text]
Postmedia Network Canada Corp
POSTMEDIA NETWORK CANADA CORP. ANNUAL INFORMATION FORM November 26, 2014 TABLE OF CONTENTS GLOSSARY OF TERMS ............................................................................................................................... 1 CERTAIN REFERENCES, FORWARD-LOOKING STATEMENTS AND INDUSTRY INFORMATION ...... 4 CORPORATE STRUCTURE ........................................................................................................................ 7 Name, Address, Incorporation and Constating Documents ............................................................. 7 Intercorporate Relationships ............................................................................................................ 7 GENERAL DEVELOPMENT OF THE BUSINESS ....................................................................................... 8 History of the Corporation ................................................................................................................ 8 OVERVIEW OF THE BUSINESS ............................................................................................................... 10 General........................................................................................................................................... 10 Newsmedia Operations .................................................................................................................. 11 Functional Operations .................................................................................................................... 14
[Show full text]
2015 Q2 Daily Newspaper TRAC
Business of Providing Assurance Canadian Daily Newspaper Trend Report About Circulation (TRAC) Second Quarter Data – April Through June 2015 (Revised November 2015) ASSURANCE | BRAND | BUSINESS | COMPLIANCE | CONSUMER | DATABASE | E-MEDIA | EVENTS | INTERACTIVE | NEWSPAPER Make informed media buying decisions when considering Canadian daily newspapers. The Daily Newspaper Trend Report About Circulation (TRAC), published quarterly, reports average quarterly total circulation for all members with paid and non-paid daily newspapers, unless otherwise noted, including: Paid Daily Newspaper Non-Paid Daily Newspaper Total Circulation Total Circulation • Paid Circulation • Non-Paid Circulation • Sponsored/Free Circulation • Public Place Distribution • Circulation by Geographic Area (CMA/Non-CMA) • Box Distribution • Net Unique Individuals FDSA Accreditation Audited Web Data Social Media Connections CCAB accredits distribution centres across Canada in accordance with the six-step flyer accreditation process established by the Flyer Distribution Standards Association (FDSA). A complete list of FDSA-accredited distribution centres and products can be found at www.fdsa- canada.org. Daily newspapers that are FDSA-accredited are marked with a checkmark (a). Members’ circulation reports are available on the BPA Worldwide website. The Daily Newspaper TRAC is also available in Microsoft Excel® format on the BPA Worldwide website. CCAB Toronto Office Montréal Office Offices: 1 Concorde Gate 1 Holiday Avenue Suite 800 East Tower, Suite 501 Toronto, ON M3C
[Show full text]
Responding Record of Postmedia Networks Part 1
Court File No. CV -1 0-8533-00CL ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST IN THE MATTER OF THE COMPANIES' CREDITORS ARRNGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRNGEMENT OF CANWEST PUBLISHING INC.! PUBLICATIONS CANWEST INC., CANWEST BOOKS INC. AND CANWEST (CANADA) INC. Applicants RESPONDING MOTION RECORD OF POSTMEDIA NETWORKS INC. (Returnable December 10, 2010) GOODMANS LLP Barristers & Solicitors 333 Bay Street, Suite 3400 Toronto, Canada M5H 2S7 Fred Myers LSUC#: 26301A Graham D. Smith LSUC#: 26377D Caroline Descours LSUC#: 5825lA Tel: (416) 979-2211 Fax: (416) 979-1234 Lawyers for the Respondent INDEX TAB PAGE 1. Affidavit of Eileen Flood sworn December 5,2010 1-13 Exhibits "A" Asset Purchase Agreement among 7535538 Canada Inc., CW Acquisition Limited Parnership, Canwest Books Inc., Canwest (Canada) Inc., Canwest Limited Parnership/Canwest Société en Commandite and Canwest Publishing Inc.lPublications Canwest Inc., dated May 10, 2010 14-171 "B" Assignment and Amending Agreement among 7535538 Canada Inc., CW Acquisition Limited Parnership, 7536321 Canada Inc., Canwest Limited Partnership/Canwest Société en Commandite, Canwest (Canada) Inc., Canwest Publishing Inc.lPublications Canwest Inc. and Canwest Books Inc., dated June 10, 2010 172-185 "C" Assignment and Assumption Agreement among Canwest Books Inc., Canwest (Canada) Inc., Canwest Limited Partnership/Canwest Société en Commandite, Canwest Publishing Inc.lPublications Canwest Inc. and Postmedia Network Inc., dated July
[Show full text]
Report Suggests Alberta Students Want More Education on Climate Change | National Post
11/18/2020 Report suggests Alberta students want more education on climate change | National Post SUBSCRIPTION Manage your print subscription. Manage your print subscription. Sections Search Subscribe Sign In News Politics NP Comment Post Picks Financial Post Healthing Driving The GrowthOp Videos Podcasts E-Paper PMN Politics / PMN News / PMN Canada Report suggests Alberta students want more education on climate change The Canadian Press Colette Derworiz Nov 15, 2020 • Last Updated 3 days ago • 2 minute read An Alberta non-prot organization says there’s a gap between the education students receive in schools and the information they want about energy and the environment. The Alberta Council for Environmental Education has published a report providing teachers with 10 principles for developing energy and climate change resources in the province. Alek Minassian in a fake TV ad for a school project NOTICE FOR THE POSTMEDIA NETWORK This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree OK to our Terms of Service and Privacy Policy. Unlock the National Post. Subscribe now to get unlimited online access. You have 8 free articles left to read. https://nationalpost.com/pmn/news-pmn/canada-news-pmn/report-suggests-alberta-students-want-more-education-on-climate-change 1/6 11/18/2020 Report suggests Alberta students want more education on climate change | National Post The recommendations are drawn from workshops with students last fall and from a survey earlier this year of 500 youth between 15 and 24 years old.
[Show full text]