Everything about Financial Post totally explained
The
Financial Post was an English
Canadian business newspaper, which published from
1907 to
1998. In
1998, the publication was folded into the new
National Post, although the name
Financial Post has been retained as the banner for that paper's business section and also lives on in the
Post’s monthly business magazine,
Financial Post Business.
The
Financial Post was first published in 1907 by
John Bayne Maclean. It was a weekly publication, and one of the core assets of Maclean's media business, which eventually became
Maclean-Hunter.
The paper was purchased by
Sun Media in
1987, and expanded into a daily tabloid newspaper the following year. In
1997, Sun Media sold the
Financial Post to
Hollinger, whose CEO
Conrad Black had been seeking a way to establish a national newspaper. Sun Media acquired the
Kitchener-Waterloo Record, the
Guelph Mercury, the
Hamilton Spectator and the
Cambridge Reporter from Hollinger in exchange. (Very soon after, all four papers were transferred to
Torstar as an incentive to stop a hostile takeover bid by that firm for Sun Media.) The transaction was finalized in July of
1998, and the
National Post debuted in October of that year.
The
Financial Post retains a loyal audience of English business readers in Canada, offering coverage similar to the
Report on Business by
The Globe and Mail. Though there has been frequent speculation that the
Financial Post would be merged into the business sections of the regional newspapers owned by the
National Post’s parent,
CanWest Global Communications, much of the
Post’s editorial content is now syndicated to other CanWest newspapers through the CanWest News Service. The
Financial Post publishes several popular editorial features throughout the year, including the annual competition
Financial Post’s Ten Best Companies to Work For.
John Godfrey, the current Liberal Member of Parliament for Don Valley West, was editor of the
Financial Post from 1987 to 1991.
Further Information
Get more info on 'Financial Post'.
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