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Canwest the largest media company in Canada going bankrupt

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The future of Canwest Global Communications, Canada’s largest media conglomerate, became uncertain on Tuesday after the company was granted bankruptcy protection in a Toronto court for several operations, including its television network and The National Post newspaper. The company, which is based in Winnipeg, Manitoba, did not include a chain of 11 large newspapers or several specialty television... 

Left-wing Canadian Media empire faces bankruptcy

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The left-wing media empire of Israel “Izzy” Asper, which dominates Canadian media, is facing bankruptcy. Israel Asper served as the leader of the Canadian Liberal Party in Manitoba in the 70’s and served in the Manitoba Legislature from 72-75. The media empire he founded, CanWest, is often cited as one of the worst examples of centralized media ownership in the Western World. Aspers three children,... 
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