National

Postmedia selling the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News

Darpan News Desk The Canadian Press, 27 May, 2024 01:54 PM

Postmedia Network Canada Corp. says it has signed a deal to sell the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News newspapers to the Klein Group Ltd.

Included in the transaction is Postmedia’s Winnipeg commercial print division, all associated digital properties, contracts and other related parts of the businesses.

Financial terms of the agreement were not immediately available.

Postmedia says employees at each of the newspapers are expected to continue in their current roles, with no job losses anticipated. It says non-unionized employees will be offered their same job with the Klein Group, while unionized employees will retain their current terms.

Klein Group is headed by former Winnipeg Sun publisher Kevin Klein. Klein is also a former Winnipeg city councillor and Manitoba cabinet minister.

The deal is scheduled to close on or about June 1, subject to conditions.

Prev Next

MORE National ARTICLES

B.C. posts $704 million budget surplus for 2022-2023, say audited public accounts

Finance Minister Katrine Conroy outlined the province's financial performance in the government's public accounts for the fiscal year ending March 31, 2023. The government's budget forecasts have been on an up-and-down ride for the past two years, with the 2022-2023 budget originally forecast in February last year to show a $5.5 billion deficit, before that was revised to a surplus of almost $6 billion, then downgraded to a $3.6 billion surplus.

B.C. posts $704 million budget surplus for 2022-2023, say audited public accounts

Trudeau to visit Indonesia, Singapore and India next week as Canada seeks trade deals

Prime Minister Justin Trudeau is headed to Asia next week for a whirlwind tour of Indonesia, Singapore and India. The trip involves the G20 leaders' summit in New Delhi, and a focus on economic ties in booming regions of Southeast Asia, as Canada seeks alternatives to a rising China.

Trudeau to visit Indonesia, Singapore and India next week as Canada seeks trade deals

Wildfire threat in B.C. continues as winds pick up during stormy weather

Several major wildfires continue to burn out-of-control in British Columbia's Interior, where forecasted rain had been hoped to dampen blazes in parts of the Central Okanagan and the Shuswap. But Environment Canada data shows neither Kelowna's airport nor Salmon Arm recorded measurable precipitation Tuesday, after initial predictions called for possible rain and thunderstorms in the evening.

Wildfire threat in B.C. continues as winds pick up during stormy weather

Edmin Singh charged in Victoria arsons

Victoria police say the man was arrested on Sunday after a lengthy investigation by the force's major crimes section. They say 42-year-old Edwin Singh now faces four counts of arson in connection with four fires this summer, three of which occurred on Government Street in Victoria in June and July and one in Saanich in mid-August.

Edmin Singh charged in Victoria arsons

The grass that's greener in drought-stricken B.C. might have been painted

Lawn watering was prohibited in Metro Vancouver's 23 local authority regions on Aug. 4, with the ban in place until Oct.15. Some homeowners are looking for alternatives including spray-painting or artificial turf, but others are embracing the golden look.

The grass that's greener in drought-stricken B.C. might have been painted

Man dead in Revelstoke, IIO investigating

BC's police watchdog is investigating the death of a man who was shot by an officer in Revelstoke. R-C-M-P say it happened Sunday night after they responded to a call about a stolen vehicle.