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this post was submitted on 29 Apr 2025
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Where do Globe & Mail and Toronto Star sit?
Globe & Mail and Toronto Star are currently, Canadian owned, but can be acquired (by foreign interest).
P.s. none of the Canadian owned news outlets in the infographic can be acquired.
What makes those two different from the rest? Why can they be acquired?
Any for-profit organization (e.g. Globe & Mail and Toronto Star) can be acquired simply by buying shares. We've seen this with the Hudson Bay, for example.
The featured media outlets in the infographic are either government owned, or non-profit. You can't acquire the government, and a non-profit structure doesn't have shareholders.
Makes sense, thanks!
https://www.youtube.com/watch?v=ti9bzNWWTDY
Owned and manipulated by our own oligarchs