56-674: The Financial Post is a financial news website, and business section of the National Post , both publications of the Postmedia Network . It started as an English Canadian business newspaper, which published from 1907 to 1998. In 1998, the publication was folded into the new National Post . The name Financial Post also lives on in the Post ' s monthly business magazine, Financial Post Business . The Financial Post started publication in 1907 by John Bayne Maclean . It
112-492: A "transformation plan geared toward managing costs". Later that day, Postmedia said it had also sold the Calgary Herald building for $ 17.23 million to U-Haul Co. after trying to sell it for nearly a decade. In July 2023, Postmedia Network Canada Corp. and Nordstar Capital LP announced that merger discussion between the two newspaper publishers will not continue. On May 27, 2024, Postmedia announced that it would sell
168-551: A $ 1.1 billion transaction to acquire the chain from Canwest on July 13, 2010, forming the Postmedia Network . The company's shares were listed on the Toronto Stock Exchange in 2011. On October 28, 2011, the Post announced its first ever yearly profit. In 2016, Chatham Asset Management acquired a 66 per cent stake in the Postmedia Network, resulting in the reduction in their staff, including
224-580: A 1935 picture of two Jews bearing Nazi -ordered yellow badges . Later on the same day, experts began coming forward to deny the accuracy of the Post story. The story proved to be false, but not before it had been picked up by a variety of other news media and generated comment from world leaders. Comments on the story by the Canadian Prime Minister Stephen Harper caused Iran to summon Canada's ambassador to Tehran, Gordon E. Venner , for an explanation. On May 24, 2006,
280-611: A court evaluation contesting Postmedia's claims of solicitor-client privilege, for records seized by the bureau during raids at the company's offices. In March 2018, the Competition Bureau issued a court filing accusing Postmedia and Torstar of structuring the deal they made together with no-compete clauses in an effort to reduce competition in the newspaper industry in violation of the Competition Act . According to Marc Edge, author of The Postmedia Effect ,
336-609: A digital presence for the three publications. As well, the High River Times in High River, Alberta will go from being published twice a week to once a week. During the COVID-19 pandemic , Postmedia laid off approximately 80 employees and permanently closed 15 community publications while navigating the financial strain of COVID-19. While the company utilized government subsidies, they claim they were unable to offset
392-400: A net loss of $ 99.4 million, or 35 cents per diluted share, in the fourth-quarter ended Aug 31, compared with a $ 54.1 million net loss, or 19 cents per diluted share, in the same period a year earlier. This resulted in 90 newsroom staff losing their jobs. On November 27, 2017, Postmedia and Torstar announced a transaction in which Postmedia will sell seven dailies, eight community papers, and
448-402: A parcel delivery business and "proprietary distribution software". In 2023, Postmedia announced it would be moving a dozen of its Alberta community papers to digital-only platforms, aiming for more outsourcing deals and laying off employees. The announcement was made January 18, 2023, during an internal memo to staff that was obtained by The Canadian Press , describing the measures as a part of
504-675: A third of the National Post's editorial staff. The Trovimova case: In 2024, the National Post published two articles in which it advocated for the Russian propaganda film “Russians at War”. The first article by columnist Chris Selley introduced the claim that this film showed the human face of the Russians and was therefore banned. This statement was later used by right-wing media "Die Weltwoche" and other to which Trofimova gave interviews to defend her film after it had been banned from
560-633: A trend to which The Globe and Mail and the Toronto Star , Canada's other two papers with inter-regional distribution, have all resorted. Print editions were removed from all Atlantic Canadian newsstands except in Halifax as of 2007. Focussing further on its online publishing, in 2008, the paper suspended weekday editions and home delivery in Manitoba and Saskatchewan. The reorientation towards digital continued into its next decade. Politically,
616-591: A union drive at the paper earlier that year, taking charge of all political reporting and analysis in Postmedia newspapers to ensure the newspapers became more "reliably conservative." In June 2019, Kevin Libin, comments editor and editorials editor of the National Post and Financial Post and a founding editor of Western Standard , was assigned “executive editor of Postmedia politics". The role focuses on
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#1732791876167672-735: A way to establish a national newspaper. Sun Media acquired the Kitchener-Waterloo Record , the Guelph Mercury , the Hamilton Spectator and the Cambridge Reporter from Hollinger in exchange, but has since sold all four papers. The Hollinger transaction was finalized in July 1998. Originally slated to launch on October 5, 1998, the National Post ' s launch was delayed until October 27 by
728-412: Is currently owned by American media conglomerate Chatham Asset Management . The ownership group was assembled by National Post CEO Paul Godfrey in 2010 to bid for the chain of newspapers being sold by the financially troubled Asper family's Canwest (the company's broadcasting assets were sold separately to Shaw Communications ). Godfrey secured financial backing from a U.S. private equity firm ,
784-671: Is identified as a source on all of its subsidiary newspapers. The news agency provides news, sports, entertainment, photography, financial and feature information and data to Postmedia Network's Canadian newspapers, online properties and a number of third party clients in Canada and the United States. In October 2018, it was reported that CEO Andrew MacLeod had declared the company "insufficiently conservative ". That resulted in Kevin Libin, who had played an active role in defeating
840-1225: The Camrose Canadian in Camrose, Alberta , Strathmore Standard in Strathmore, Alberta , Kapuskasing Northern Times in Kapuskasing, Ontario , Ingersoll Times in Ingersoll, Ontario , Norwich Gazette in Norwich, Ontario and Petrolia Topic in Petrolia, Ontario . It will also cease printing the Portage Daily Graphic in Portage La Prairie, Manitoba , the Northern News in Kirkland Lake, Ontario , and Pembroke Daily Observer in Pembroke, Ontario while maintaining
896-572: The Vancouver Sun and The Province , have had common ownership for over 30 years, as evidence that the deal would not be anticompetitive. The purchase did not include Sun Media's now-defunct Sun News Network . The acquisition was approved by the Competition Bureau on March 25, 2015, and closed on April 13. In 2016, the company sought to restructure its compensation plans and reduce spending by as much as 20%, after reporting
952-582: The Winnipeg Sun , the Portage la Prairie Graphic Leader , Kenora Miner and News , and company's Winnipeg printing operations to politician and former Sun publisher Kevin Klein . In July 2024, the company entered into an agreement to acquire SaltWire Network . Postmedia News is the news branch of Postmedia Network, providing similar content to all of its subsidiary news outlets and websites. It
1008-527: The Financial Post , which was retained as the name of the new newspaper's business section. Outside Toronto, the Post was built on the printing and distribution infrastructure of Hollinger's national newspaper chain, formerly called Southam Newspapers , that included the newspapers Ottawa Citizen , Montreal Gazette , Edmonton Journal , Calgary Herald , and Vancouver Sun . The Post became Black's national flagship title, and Ken Whyte
1064-751: The Global Television Network . Izzy Asper died in October 2003, and his sons Leonard and David Asper assumed control of CanWest, the latter serving as chairman of the Post . Editor-in-chief Matthew Fraser departed in 2005 after the arrival of a new publisher, Les Pyette – the paper's seventh publisher in seven years. Fraser's deputy editor, Doug Kelly succeeded him as editor. Pyette departed seven months after his arrival, replaced by Gordon Fisher . The Post limited print distribution in Atlantic Canada in 2006, part of
1120-598: The Jewish News Syndicate which it describes as "a mouthpiece for the Israeli military". In a 2021 academic study on the presentation of the subject of climate change in 17 mainstream media outlets in the UK, US, Canada, Australia and New Zealand, the National Post came out as the worst in terms of its misrepresentation of the scientific consensus on the impact of anthropogenic climate change. The National Post
1176-560: The Liberal government of Jean Chrétien , and supported the Canadian Alliance . The Post 's op-ed page has included dissenting columns by ideological liberals such as Linda McQuaig , as well as conservatives including Mark Steyn and Diane Francis , and David Frum . Original members of the Post editorial board included Ezra Levant , Neil Seeman , Jonathan Kay , Conservative Member of Parliament John Williamson and
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#17327918761671232-523: The National Post added value to other papers in the Canwest chain. In 2010, an ownership group was assembled by National Post CEO Paul Godfrey in 2010 to bid for the chain of newspapers being sold by the financially troubled Canwest (the company's broadcasting assets were sold separately to Shaw Communications ). Godfrey secured financial backing from U.S. private-equity firm Golden Tree Asset Management as well as other investors. The group completed
1288-484: The National Post was perceived to be middle-of-the-pack for bias among national news outlets (perceived biased by 48 per cent of Canadians overall). A 2010 Ipsos survey commissioned by CBC found that 38% of respondents believed the Post leaned to the right or far right. The advocacy group Canadians for Justice and Peace in the Middle East has accused the Post of pro-Israel bias for publishing articles from
1344-491: The Post ' s editorial content is now syndicated to other Postmedia newspapers through the Postmedia News Service. The Financial Post publishes several popular editorial features throughout the year, including the annual competition Financial Post's Ten Best Companies to Work For. Editors of the paper included Floyd Chalmers , John Godfrey and Diane Francis , who was the paper's last editor prior to
1400-634: The Post endorsed the Conservative Party of Canada in the 2004 election when Fraser was editor. The Conservatives narrowly lost that election to the Liberals. After the election, the Post surprised many of its conservative readers by shifting its support to the victorious Liberal government of prime minister Paul Martin , and was highly critical of the Conservatives and their leader, Stephen Harper . The paper switched camps again in
1456-652: The Post has retained a conservative editorial stance, although the Asper family has long been a strong supporter of the Liberal Party of Canada . Izzy Asper was once leader of the Liberal Party in his home province of Manitoba . The Aspers had controversially fired the publisher of the Ottawa Citizen , Russell Mills, for calling for the resignation of Liberal prime minister Jean Chrétien . However,
1512-641: The CEO of the National Post ' s, Paul Godfrey , assembled an ownership group to acquire CanWest's chain of newspapers. Conrad Black built the National Post around the Financial Post , a financial newspaper in Toronto which Hollinger Inc. purchased from Sun Media in 1997. Originally slated for an October 5, 1998 launch date, the debut of the paper was delayed until October 27 because of financial complications that stemmed from Black's acquisition of
1568-555: The Institute for Canadian Values (ICV) which was hosted by Canada Christian College . The advertisement argued against the teaching of LGBTQ -related sex education topics in the Ontario school curriculum, and was criticized for alleged discrimination against transsexual , transgender , intersex , and two-spirited people. Following the controversy, the National Post apologized for the advertisement on September 30 and withdrew
1624-549: The Manhattan-based hedge fund GoldenTree Asset Management —which owns 35 per cent—as well as IJNR Investment Trust, Nyppex and other investors. The group completed a $ 1.1 billion transaction to acquire the chain from Canwest on July 13, 2010. On October 6, 2014, Postmedia's CEO Godfrey announced a deal to acquire the English-language operations of Sun Media . The purchase received regulatory approval from
1680-421: The Postmedia Network effectively concentrates more than 90 percent of all Canadian dailies and weeklies in one company, a fact lamented by J-Source, a Canadian media watchdog, in a 2015 online article. Margo Goodhand , a former Edmonton Journal editor-in-chief , wrote in a 2016 Walrus article that Postmedia executives were behind the outsourcing of Postmedia content to a site within an office in Canada for
1736-546: The Toronto and Vancouver 24 Hours to Torstar, in exchange for 22 community papers and the Ottawa and Winnipeg versions of Metro . Except for the Exeter Times-Advocate , St. Catharines Standard , Niagara Falls Review , Peterborough Examiner , and Welland Tribune , all acquired papers will be closed. On June 26, 2018, Canadian Press reported that, by the end of August, Postmedia will be closing
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1792-470: The Zurich film festival. In the second article by Chris Knight, “Russian-Canadian filmmaker battles attempts to suppress controversial film as Ukraine launches probe”, the idea was taken further, now claiming a Ukrainian campaign that was demonstrably a wider international protest. The article contained strong anti-Ukrainian bias and claimed an almost purely Ukrainian protest against the film, whereas in reality
1848-417: The ad from circulation. Canwest News Service Postmedia Network Canada Corp. (also known as Postmedia Network , Postmedia News or Postmedia ) is a foreign-owned Canadian-based media conglomerate consisting of the publishing properties of the former Canwest , with primary operations in English-language newspaper publishing, news gathering and Internet operations. It is best known for being
1904-485: The author/historian Alexander Rose. The Post 's magazine-style graphic and layout design has won awards. The original design of the Post was created by Lucie Lacava, a design consultant based in Montreal. The Post now bears the motto "World's Best-Designed Newspaper" on its front page. The Post was unable to maintain momentum in the market without continuing to operate with annual budgetary deficits. At
1960-520: The company’s community presence in the province. For Ontario, the closures included the Kingsville Reporter, Lakeshore News (Windsor-Essex area), LaSalle Post, Napanee Guide, Paris Star, Tecumseh Shoreline Week, and Tilbury Times. On February 17, 2022, Postmedia announced a definitive agreement to acquire Brunswick News Inc. (BNI). As well as several New Brunswick daily and weekly newspapers and "digital properties", BNI's assets included
2016-484: The coverage of federal politics in the National Post. In addition, it focuses on the coverage of federal and provincial politics in all of the dailies owned by Postmedia. In November 2019, Postmedia announced that 66% of its shares were now owned by Chatham Asset Management , an American media conglomerate which owns American Media, Inc. and is known for its close ties to the Republican party. The creation of
2072-425: The decline in revenue. Postmedia closed 15 community newspapers in Manitoba and Ontario’s Windsor-Essex area as the publications were no longer financially sustainable. The publications included Manitoba’s Altona Red River Valley Echo, Carman Valley Leader, Gimli Intertake Spectator, Morden Times, Selkirk Journal, Stonewall Argus & Teulon Times, Winkler Times, and The Prairie Farmer, leaving Portage La Prairie as
2128-538: The edition distributed to the rest of Canada, and is printed at the Toronto Star Press Centre in Vaughan . On September 27, 2007, the Post unveiled a major redesign of its appearance. Guided by Gayle Grin, the Post's managing editor of design and graphics, the redesign features a standardization in the size of typeface and the number of typefaces used, cleaner font for charts and graphs, and
2184-430: The editor-in-chief of the newspaper, Doug Kelly , published an apology for the story on page 2, admitting that it was false and the National Post had not exercised enough caution or checked enough sources. From 1998 to 2014, the now defunct Canadian Islamic Congress (CIC) had been actively monitoring media coverage for anti-Muslim or anti-Islam sentiment and had issued reports highlighting its findings. It had opposed
2240-520: The federal Competition Bureau on March 25, 2015, even though the company manages competitive papers in several Canadian cities; while the Sun Media chain owns numerous other papers, four of its five Sun -branded tabloids operate in markets where Postmedia already publishes a broadsheet competitor. Board chair Rod Phillips has cited the Vancouver market, in which the two main daily newspapers,
2296-684: The film was widely criticized by the international press and others. The National Post ' s main office is at 365 Bloor Street East in Toronto, Ontario . It was formerly located at 1450 Don Mills Road in the Don Mills neighbourhood of Toronto, which was vacated in 2012. The newspaper is published at Postmedia's Islington Printing Plant in Toronto's Rexdale neighbourhood, along with the Toronto Sun , London Free Press and various Postmedia and Metroland-owned weekly newspapers. The newspaper
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2352-492: The financial complications of the Financial Post purchase. The Financial Post retains a loyal audience of English business readers in Canada, offering coverage similar to the Report on Business by The Globe and Mail . Though there has been frequent speculation that the Financial Post would be merged into the business sections of the regional newspapers owned by the National Post ' s parent, Postmedia News , much of
2408-435: The launch of the National Post . National Post Provincial Provincial The National Post is a Canadian English-language broadsheet newspaper and the flagship publication of Postmedia Network . It is published Mondays through Saturdays, with Monday released as a digital e-edition only. The newspaper is distributed in the provinces of Ontario , Quebec , Alberta and British Columbia . Weekend editions of
2464-406: The move of the nameplate banner from the top to the left side of Page 1 as well as each section's front page. In 2009, the paper announced that as a temporary cost-cutting measure, it would not print a Monday edition from July to September 2009. On October 29, 2009, Canwest Global announced that due to a lack of funding, the National Post might close down as of October 30, 2009, subject to moving
2520-463: The network received $ 9.9 million in government financial assistance in 2022. In the same year, Postmedia's operating income was only $ 13 million. In 2016, Paul Godfrey took a $ 900,000 bonus during a time when Postmedia laid off staff company-wide. CFO Doug Lamb received $ 450,000, COO Andrew MecLeod $ 425,000, legal and general counsel Jeffrey Harr $ 300,000, and National Post president Gordon Fisher $ 200,000. Unions representing Canadian journalists wanted
2576-511: The newspaper are also distributed in Manitoba and Saskatchewan . The newspaper was founded in 1998 by Conrad Black in an attempt to compete with The Globe and Mail . In 2001, CanWest completed its acquisition of the National Post . In 2006, the newspaper ceased distribution in Atlantic Canada and the Canadian territories . Postmedia assumed ownership of the newspaper in 2010, after
2632-467: The owner of the National Post and the Financial Post . The company is headquartered at Postmedia Place on Bloor Street in Toronto. The company's strategy has seen its publications invest greater resources in digital news gathering and distribution, including expanded websites and digital news apps for smartphones and tablets. This began with a revamp and redesign of the Ottawa Citizen , which debuted in 2014. Two-thirds, or 66%, of Postmedia
2688-476: The paper to a new holding company. Late on October 29, 2009, Ontario Superior Court Justice Sarah Pepall ruled in Canwest's favour and allowed the paper to move into a holding company. Investment bankers hired by Canwest received no offers when they tried to sell the National Post earlier that year. Without a buyer closing the paper was studied, but the costs were greater than gains from liquidating assets. The lawyer for Canwest, in arguing to Justice Pepall, said
2744-475: The runup to the 2006 election (in which the Conservatives won a minority government). Like its competitor The Globe and Mail , the Post publishes a separate edition in Toronto , Ontario, Canada's largest city and the fourth largest English-language media centre in North America after New York City , Los Angeles and Chicago . The Toronto edition includes additional local content not published in
2800-580: The sake of producing “ Regina Leader-Post sports pages, Arts fronts for the Montreal Gazette , editorial pages for the Vancouver Sun ”. In a 2020 article by The New York Times, it was reported journalists had attested that since Chatham Asset Management took over, Postmedia had centralized operations and cut staff so that its 106 newspapers were essentially clones of one another. On November 27, 2018, The Competition Bureau applied for
2856-409: The same time, Conrad Black was becoming preoccupied by his debt-heavy media empire, Hollinger International . Black divested his Canadian media holdings, and sold the Post to CanWest Global Communications Corp , controlled by Israel "Izzy" Asper , in two stages – 50 percent in 2000, along with the entire Southam newspaper chain, and the remaining 50 percent in 2001. CanWest Global also owned
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#17327918761672912-427: The use of phrases such as "Islamic guerrillas," "Islamic insurgency" and "Muslim militants" saying that terms like "militant" or "terrorist" should be used without a religious association "since no religion teaches or endorses terrorism, militancy or extremism." The Congress had singled out the National Post , saying the paper "consistently is No. 1" as an anti-Islam media outlet. A 2017 survey of Canadians found that
2968-444: Was a weekly publication, and one of the core assets of Maclean's media business, which eventually became Maclean-Hunter . The paper was purchased by Sun Media in 1987, and expanded into a daily tabloid on February 1, 1988, and added newspaper home delivery in 1990, with a reformatted Financial Post Magazine following shortly after. In 1998, Sun Media sold the Financial Post to Hollinger , whose CEO Conrad Black had been seeking
3024-455: Was appointed editor. Beyond his political vision, Black attempted to compete directly with Kenneth Thomson 's media empire led in Canada by The Globe and Mail , which Black and many others perceived as the platform of the Liberal establishment . When the Post launched, its editorial stance was conservative . It advocated a "unite-the-right" movement to create a viable alternative to
3080-413: Was found to represent scientific consensus only 70.83% of the time—noting the significant contribution of anthropogenic climate change—while 9.17% of the time it presented anthropogenic climate change and natural climatic variance as equally relevant, and 20% of the time presented anthropogenic climate change as a negligible phenomena. On September 24, 2011, the newspaper ran an advertisement paid for by
3136-656: Was previously printed at the Toronto Star Press Centre in Vaughan, Ontario , until the Toronto Star closed the site. The following is a list of past and present columnists for the National Post . On May 19, 2006, the newspaper ran two pieces alleging that the Iranian parliament had passed a law requiring religious minorities to wear special identifying badges. One piece was a front-page news item titled "Iran Eyes Badges For Jews" accompanied by
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