ONTARIO NEWSPAPER TO END PRINT EDITION AFTER 149 YEARS
DONALD TRUMP DEMANDS ‘BIG CHUNK’ OF KEYSTONE XL PROFITS FOR THE U.S. Republican presidential front-runner Donald Trump says he would reject the Keystone XL oil pipeline if TransCanada Corp. didn’t give the U.S. a “big, big chunk of the profits, or even ownership rights.” All of Trump’s Republican rivals say they would immediately approve the pipeline from the Alberta oil sands, which Presi- dent Barack Obama rejected in November. Trump, who bills himself as a master negotia- tor, now says he would require TransCanada to fork over billions. Trump, campaigning as an economic national- ist, said he wants the pipeline approved. But he said TransCanada should not be allowed to send Canadian oil through American land without paying a price for it. Trump said, “When they do this pipeline, it’s going to be a very profitable thing, and it’s really Canada oil coming down — so it’s not — I like Canada, I want these people to be happy, but I want the developers of the pipeline to give the United States a big, big chunk of the profits or even ownership rights, like I do in business. That’s what I do.” Trump also declared that he is “not in love with the idea of taking Canadian oil.” He added: “I love Canada, by the way.” Trump once favoured rapid Keystone approval. He appears to be launching an effort to use the project as fuel for his attempt to challenge the patriotism and the eligibility of top competitor Ted Cruz, the Texas senator who was born in Calgary and held dual citizenship until 2014. “I want a big piece of the deal. Otherwise I’m not going to approve it. They will give us a lot.”
A newspaper with a history as old as Canada has printed its last issue.
Metroland Media Group printed it’s last edition of the Guelph Mercury, which was estab- lished in 1867.
The closure will affect 23 full-time and three part-time employees, according to a press release on the newspaper’s website.
The company said the newspaper was suffering financially, with circulation dropping to less than 9,000 home-delivery subscribers.
Publisher Donna Luelo said “the decision was not made lightly,” and that shutting down the print edition was the only viable option.
“The decline of classified and national advertising in recent years has made it impossible for the printed copy of the daily newspaper to remain profitable,” she said in the release.
We will have to wait until November to see how this reality show ends.
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APRIL 2016 • SPOTLIGHT ON BUSINESS
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