La Presse Montreal is a newspaper in Montreal, Quebec, Canada covering local news, sports, business, jobs, and community events. The web site is presented in the French language.
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Mondo Times editors Boulder, Colorado USA | Posted at 11:03pm on Wednesday, September 9th, 2009 | La Presse, the biggest French language newspaper in Canada, may stop publishing, CBC News reported on September 3, 2009:
"North America's biggest French-language broadsheet is threatening to cease publication on Dec. 1.
Montreal newspaper La Presse told staff in an email Thursday that their union has three months to reach a new cost-cutting deal with management.
Under its current business model, La Presse can't afford to maintain its day-to-day activities, said Caroline Jamet, vice-president of communications for the newspaper.
Employees will have to give up something to contribute to cost-cutting, she said.
"We've developed a strategy to permit La Presse to migrate towards a new model and have agreements in place with financial institutions for new financing," Jamet said. "All that's left is the part of the employees, it's the only part left to complete the equation."
The full story:
http://www.cbc.ca/canada/montreal/story/2009/09/03/montreal-la-presse.html
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