The Canadian Radio-television and Telecommunications Commission (CRTC) cleared the way for Shaw Communications to purchase Canwest's television and cable assets on Friday. The $2 billion deal has been in the works for months, ever since Canwest filed for bankruptcy...
Debt-ridden Canwest Global Communications Corp. is set for a clean slate after Shaw Communications stepped up Friday. Shaw says it would own a controlling stake in the company -- 20% of Canwest's equity and 80% of its voting stock when all the papers are signed. The...
It didn't stay up for long, but Thursday afternoon a story running on the CBC News website had the Winnipeg Free Press included in a list of Canwest-owned newspapers. The article also mentioned something called the Edmonton Free Press, which no one seems to have heard...
Submitted photo by Winnipeg cartoonist Dan Phelps
By Tyler Sutherland The union representing employees across Canada at Canwest Global Communications is making sure pensions and severance payments remain untouched. The call comes after the Winnipeg-based company filed for bankruptcy protection on Tuesday to stave off...
By Brian Schultz Canwest Global Communications Corp. announced Wednesday that it would be closing down two of its local conventional TV stations by the end of August. The affected stations include CHEK-TV in Victoria and CHCA-TV in Red Deer. In total, 80 jobs will be...
Manitoba Moose fans gathered in the courtyard of Canwest Place on Friday evening to watch Game 6 of the Calder Cup final on the giant screen. Unfortunately, all the fan support in the world couldn't seal the deal for our hometown team as the Hershey Bears took the...
Canwest Global Communications has reached a deal with its lenders to extend talks until April 21. Hopefully the third time is a charm for the Winnipeg-based broadcaster, as two previous deadlines have come and gone. The media company owes CAN $3.9 billion as it...
Between CTVglobemedia, Canwest and the Quebecor, Canada's private media outlets have been sinking deeper financially with each passing day. On Wednesday, the Harper government said it would consider helping troubled private TV broadcasters, including looser...
Canwest Place -- the 33-storey office building at the corner of Portage Avenue and Main Street -- was evacuated this morning at around 10:15 a.m. Authorities cite a bomb threat in the form of a letter for the evacuation. No word on which business inside the building...
