Tories would ease foreign ownership restrictions: Harper

[Dr Strangelove]

This is why Canadian media is US owned

Postmedia controls 70% of the mediascape in Canada.
Company Overview
Name: Postmedia Network Canada Corp.
Founded: 2010 (from the assets of the former Canwest)
Headquarters: Toronto, Ontario
Operations: Owns and operates many major English-language newspapers across Canada, including the National Post, Toronto Sun, and Ottawa Citizen.
Ownership
Majority Owner: Chatham Asset Management, a U.S.-based hedge fund, holds approximately 63% of Postmedia's shares.
Other significant shareholders include Allianz Global Investors and Leon Cooperman.

So while Postmedia is headquartered in Canada and serves Canadian audiences, its ownership structure makes it primarily American-controlled.

[al_keda]

There are restrictions?

[Dr Strangelove]

Were.

[al_keda]

I just figured they were going to sell us out totally.