Not a tax-dodging scheme.
Postmedia owns over 90% of Canadian dailies & weeklies and is itself 66% owned by Chatham Asset Management, a US media conglomerate to whom it must pay it's debt.
In 2022, Postmedia's operating income was $13M, $9.9M of which was in gov subsidies & assistance.
In spite of receiving the wage subsidy CEWS for keeping employees on staff during covid, Postmedia laid off hundreds of staff, closed newsrooms, and paid its CEOs and COOs millions in bonuses.
Alison Creekside /
npub1sp…h3gwu
2024-08-22 01:17:25
in reply to nevent1q…7f8g
Author Public Key
npub1spcsp3r5vmvaw5nx3rxfmtdymd5e7sdxvxdwpywspenzxzkpaqkqjh3gwuPublished at
2024-08-22 01:17:25Event JSON
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