One of the largest Chinese-language newspapers in Canada is ceasing operation following a trend of other major cutbacks in Chinese-language media in the country due to financial losses.
The World Journal, run by a parent company in Taiwan with offices in Toronto and Vancouver, has announced that it is closing its Canadian operations after several years of financial losses.
Hong Song-hui, director of the Taipei Economic and Cultural Office in Toronto, said he was surprised to hear the news but that it is understandable given the industry situation. “The media industry is now very competitive, particularly with the development of electronic media,” Hong said.
The announcement follows on the heels of other significant cutbacks in Chinese-language newspapers in Canada. Epoch Times reported late last year that the Toronto edition of Ming Pao Daily News laid off seven of its editorial staff and shipped their jobs to China. The newspaper had laid off three other staff earlier in the year.
