Ottawa mulling over bonus for CEO of CBC, but won’t make decision public

OTTAWA - The Liberal government said it has not yet made a decision about whether it will grant a bonus for the head of CBC after the public broadcaster eliminated hundreds of jobs.

But because of the Privacy Act, it will likely be up to CEO Catherine Tait to publicly disclose if she does receive one. She previously confirmed she did accept performance pay for the 2021-22 fiscal year at a House of Commons committee meeting.

Heritage Canada confirmed the government is still deciding on a bonus for 2023-24, while CBC said Friday a decision hasn’t been made regarding a potential bonus for 2022-23.

The Opposition Conservatives have been seeking support from other parties to back their call to bring Tait back to committee to answer questions. (CP)

Long-time Hamilton station ending!

 A mainstay of Hamilton’s airwaves for almost a century has gone off the air.

A mainstay of Hamilton’s airwaves for almost a century has gone off the air, the Toronto Star reports.

900 CHML announced on social media on Wednesday that the radio station would be closing after many years of providing the city and surrounding area with local talk-radio programming.

“This decision, though incredibly difficult, has been made after careful consideration and is necessary following years of financial loss,” read the post.

“The shift of advertising revenues to unregulated foreign platforms, combined with the difficult regulatory and competitive landscape, has forced us to make the difficult decision to close,” added the post.

The radio station thanked its listeners, advertisers and community partners for their years of support in the post, noting that their loyalty has been the “foundation of our station’s legacy.”

As of 1 p.m. Wednesday, the station was no longer broadcasting. (Toronto Star)

https://www.thestar.com/news/gta/900-chml-closes-ending-nearly-a-century-of-local-radio-in-hamilton/article_af94bb92-8255-5265-8eea-46f45fb6250b.html

Postmedia offers to purchase Atlantic Canada's largest newspaper chain for $1 million

 A monitor’s report says Postmedia Network Inc. has offered $1 million to purchase Atlantic Canada’s largest newspaper chain.

The offer is being recommended by Toronto-based KSV Restructuring Inc., the court-appointed monitor overseeing the insolvency proceedings involving SaltWire Network Inc. and the Halifax Herald Ltd.

In March, the two insolvent media companies were granted court-ordered protection from creditors who were owed more than $90 million.

Under the plan, Postmedia, who will be the sole limited partner, will also make future payments for accrued liabilities.

The senior secured lender, Fiera Capital, has said SaltWire and The Herald together owe it $32.7 million.

The report says Postmedia is looking to close the deal by Aug. 24, and the offer is scheduled to be presented to a Nova Scotia Supreme Court judge for approval on Thursday.

Toronto-based Postmedia owns the National Post, Vancouver Sun, Calgary Herald and dozens of other publications. (Canadian Press)