Quebecor saves money $45 million annually with Sun Media Restructuring

Sun Media Corporation announced Tuesday a restructuring initiative expected to result in over $45 million in annual savings.

The moves, which include the closure of production facilities in Ottawa and Kingston, include the elimination of nearly 500 positions across the organization.

“This restructuring is regrettable but warranted by changes in our industry which force us to align our cost structure with the new reality,” said Pierre Karl Peladeau, president and CEO of Sun Media.

“With the recent announcement of a major strategic redesign of Sun Media’s organizational structure, restructuring further streamlines and optimizes our operations. By doing so, Sun Media is proactively leading the way to ensure long term success.”

Peladeau said the initiative doesn’t diminish his company’s commitment to its publications, readers, advertisers or employees.

“We will continue to deliver quality content, with local presence, and maximum value to our advertisers,” he said. “We very much regret the impact that this has on employees who are departing our organization and would like to thank them for their contribution.”

November 11, 2012 Lest we forget – The Price of Peace and the cost of War

The Arithmetic of War: $9 Million Compared to $9 Billion for Next Generation Fighter

The cost of War and the price of Peace

Canada has a long history of service to international human rights, diplomacy and democracy.  Technology equips every soldier, tank, battleship and fighter jet. The need to be at the forefront of weaponry and innovation is a fact.

Prime Minister Stephen Harper, Finance Minister Jim Flaherty, Minister of National Defense Peter MacKay and Veterans Affairs Minister Steven Blaney continue forth on the procurement of $9 billion F-35 contract, while Veterans have had their funeral and burial benefits frozen since 2001. The current thinking is Canada can afford $9 billion for upgrades to its airforce but in doing so can justify slashing the operational budget of Last Post Fund by some 29% (or $1 million in 2013-2014). This is why the Last Post Fund, which delivers the Veterans Affairs Funeral and Burial Program, had to launch a national fundraising campaign to the tune of $9 million in order to fully fill its mandate towards modern-day veterans not eligible for the Canadian government’s Program (those who served after WWII and Korean War). Other projects for which donation monies are required include the perpetual care of the National Field of Honour where more than 20,000 persons are interred, and the provision of permanent military-style markers for eligible veterans who lie in unmarked graves (between 20,000 and 30,000 across Canada).

Therefore $9 billion is 1,000 times the $9 million it would take to allow the Last Post Fund to meet all veterans’ needs, be they traditional or modern-day veterans.

Write your Member of Parliament



  • You can read about the Last Post Fund capital campaign here.


  • You can donate online here.

We ask fellow Canadians to honour Veterans’ Week November 5 to 11, culminating in Remembrance Day services at your local cenotaph.  Show your support for Veterans by letting your MP know your vote means remembering Veterans – especially in death.

Contact Jean-Pierre Goyer, Executive Director   Toll Free: 1 800 465-7113

Our mission is to ensure that no eligible Canadian or Allied Veteran is denied a dignified funeral and burial due to insufficient funds at time of death.

Week-end Money Update – August 31, 2012

MONEY Canada – Canadian Money

The Toronto stock market registered a solid gain amid signs of Canadian economic growth and U.S. Federal Reserve chairman Ben Bernanke kept the door open for another round of economic stimulus.

 The S&P/TSX composite index rose 63 points to 11,949..

 The Canadian dollar closed up 67-100ths to 101.45 cents US as Statistics Canada said gross domestic product increased by 0.2 per cent in June, against the 0.1 per cent rise that economists had expected.

 The Dow Jones industrials moved up 90 points to 13,091 as Bernanke said that the Fed will act to promote growth as needed. The Nasdaq composite index climbed 18 points to 3,067.

 Oil gained $1.85 to US$96.47 a barrel.

 Traders are now looking ahead to the Fed’s next rate announcement on Sept. 14, after officials take in the release next Friday of the August job creation data.

 There’s plenty of other market moving events next week, including Thursday’s interest rate announcement by the European Central Bank, when it’s hoped the ECB will announce moves to control borrowing costs of some of the weakest eurozone countries.

Check back for updated business and financial news Tuesday morning before the market open.

Gerald Trites – Me and My Money – Technology Thursday

Gerald Trites has technology and information technology down to a science. Trites with practical years of knowledge behind him he continues to explain and explore all things computer related.  Gerald has a lot of experience and while in his pursuit to author important e-commerce related information, collateral and books he has some time to carefully explain new and important concepts to MONEY readers, followers and subscribers.

Gerald Trites is interested in learning, sharing and continuously growing and recommends the same to all others. Gerald is a positive influence to MONEY.CA and so he was asked to teach by example and author as a “You and Your Money” financial writer for his favorite subject material of “technology”. This technical-genius has made his authoring skills and his expert in subject matter available to tell the continuing story and evolution of  Internet and computer products, services and applications.  Thursday is Gerald Trites Day each and every Thursday one of the smartest, experienced computer geeks and Internet aficionado tells the rest of us in laymen terms what is happening fast and furiously in the computer age. Gerald is senior editor The MONEY Networks latest site and collaboration – coming soon to Technology Thursday on MONEY.CA

Gerald Trites – Me and My Money – Technology Thursday



The Last Post Fund

Last Post Fund - Canadian Veterans
Last Post Fund

   We Salute You, In Memory of our Veterans $9,400,000 National Fundraising Campaign Launch.

Montreal, Québec – The Last Post Fund has embarked on a national fundraising campaign, entitled In Memory of our Veterans, with Major-General (Retired) Lewis MacKenzie, UE, CM, CMM, MSC, O.Ont, CD as Honorary Chairman for fund raising and Lieutenant-General (Retired) Lou Cuppens as Campaign Coordinator.

“For over a century, the Last Post Fund has provided dignified funerals and burials for 150,000 Canadian financially challenged Veterans”, states MGen (Ret’d) Lewis MacKenzie.

The specific use of proceeds is very well-defined with contributions (cash or in-kind) directed to these primary, urgent areas of need:

  • $1,000,000 set aside to facilitate the dignified burial of financially challenged Veterans who are not eligible for the Funeral and Burial Program
  • $1,000,000 to support the Last Post Fund’s Unmarked Grave Program, whose objective is to provide a permanent military-style marker for eligible Veterans buried in unmarked graves.  According to Veterans Affairs Canada, between 20,000 and 30,000 Veterans’ graves are unmarked throughout the country
  • $1,000,000 for purchase and clearance of new land section at the LPF National Field of Honour
  • $200,000 for renovation of the Arthur Hair Reception Centre at the National Field of Honour
  • $200,000 for road repairs and equipment
  • $6,000,000 to sustain the perpetual care fund of the LPF National Field of Honour and to support other Fields of Honour set up by the Last Post Fund

Donations can be made online. You may also fill out this form and mail it at the address indicated thereon, or by phone 1 (800) 465-7113.

Several advantages are offered to donors as specified in our Donor Recognition Program.

Mission: The Last Post Fund (LPF) is a non-profit organization whose mission, since 1909, is to ensure that no eligible Canadian or Allied Veteran is denied a dignified funeral and burial due to insufficient funds at time of death. The LPF delivers the Funeral and Burial Program on behalf of Veterans Affairs Canada.

National Office, 505 René-Lévesque Blvd West, Suite 401 Montreal, Quebec H2Z 1Y7

Toll-Free: 800-465-7113   Email:

Registered Charity No. 11900 9181 RR0002 – Receipts for income tax purposes will be issued.

Last Post Fund                         

Veterans Affairs Canada     

Campaign coverage:

Keywords:  Canadian Armed Forces, Merchant Navy Veteran, Second World War, WWII, Korean War, deceased Veterans, non-profit organization, funeral, burial, military style gravemarker, grave marker, disability benefit, National Field of Honour, Allied Veteran, Allied Forces, Canadian Forces, Canadian Government, military families, The Honourable Steven Blaney, Minister of Veterans Affairs, Navy, Air Force, Army, final resting place, bravery, valour, honour, duty, unmarked grave, Pointe-Claire, PQ, Modern Day Veterans, donor recognition, benevolent, LCol, Lieutenant-Colonel, Major-General, LGen, Lieutenant-General, gift-in-kind, philanthropy, philanthropist, charity, donation, not-for-profit

This press release was graciously provided as gift-in-kind by for which we are grateful and hereby recognize as “Friend” of the In Memory of our Veterans campaign.

Jean-Pierre Goyer, Executive Director   Toll-Free:  1 (800) 465-7113

Apple Jumps 2.7 points to reach Purple Chip status at 621 billion

Apple is the biggest company in the world now trumping a record set in 1999 by Microsoft – Apple has surpassed and and all expectations to reach a capitalization of over 620 billion.

Apple has the  support of the people and shareholders and set to reach even greater heights with new product launches coming up and a sharp focus on innovation to now maintain and grow this self-perpetuating money making machine.

Apple stock hit new highs  and jumped 2.7% on optimism surrounding  the impending launch of the iPhone 5 and a better small and cheaper iPad in time for Christmas.

Microsoft would still hold the record if the numbers were adjusted for inflation. The most trusted name in Canadian Financial News

MONEY Canada
MONEY - Canadian Money

MONEY means a lot of thing to a lot of people in Canada – MONEY.CA is the online destination and investment market place  where investors come to inquire and shop, advisors come to know and financial product and service companies come to get the best “dollar cost advertising” for their content and advertising needs.  MONEY is online and with its strong newsletter and full 4 color process MONEY Magazine making a strong tandem while our intellectual properties and capabilities demonstrate leadership in social media with the creation of  “The Social Currency” along with niche financial content and advertising opportunities.

MONEY chooses seek out new financial products and services in the Canadian marketplace, we like to look at products and services by first understanding them and being able to further investigate their natural benefits and also their draw backs.  MONEY didn’t choose  “Financial Advertising” as a business it chose us. MONEY being an important keyword that in Canada alone may be searched over 100,000 times per month by Canadians.

Being a the top of counts for the lion share of search traffic. MONEY enjoys top ranking in Canada on and yahoo including Microsoft’s . We are number one where we want to be; although things change the importance of money will not. And as long as we are keeping up with latest wants and needs of this machine called the Internet then we can clearly get our well-though out messages and simple plans for Canadians to make, saver or preserve more money.

So we are getting hooked up at it takes a lot of hard work to be a top 100 destination site in Canada. MONEY being the keyword makes it easier on the out set but very much harder to maintain in reality. MONEY has created those intangible relationships that were the cause and celebration of good hard work, doing the right thing at the right time never was a priority and stumbling upon a time where social media became the new standard of communications and you know they were thinking of even more to do while the rest of us were sleeping.

The Internet is here and the bubble is long since gone and other threats are always abound. The Web has out-grown the infancy stage; now can we raise the child properly.  MONEY accidentally doing the right thing at the right time thinks so!.

MONEY.CA a keyword in definition and in meaning and most of all literally it means something of significance both online and in person.  MONEY is able to create many layers of good and meaningful layers of financial content to meet the needs of many Canadians and more in remote or under-serviced areas.  Financial Literacy is our one and most important social cause; perhaps because we deem ourselves in the best position to do so, straddling a line where business payback in education only to their future investors, shareholders, stakeholders and communities.  MONEY uniquely has the ability to take long-term so our strong foundation is built on education. The more and better we communicate to all of those who want and need to know the better our “Society” becomes with a higher standard of living.


MONEY News Site

Canadian Money News and Money Canada have come up with a great new “LogoStrat” meaning a smart new strategy and a creative and vibrant logo that says exactly what it means.  Money isn’t everything but is does mean many different things to many different people. MONEY you love it or hate, you need it even if you despise it and the thought of it. While other just love it, want it and covet it somehow the new saying “bling” has always been around along as people, rulers and royalty leveraged something more than just mite.

MONEY for us at is important both in meaning, print and online and providing timely relevant news and information takes a dedication that we are committed to. MONEY News has a new logo and it means business, it means finance, it means commerce and it says “invest with confidence”. MONEY by design has 3 powerful layers of online financial content. “Me and My Money” is a well-written personal finance  Super-blog powered by and pays to follow for your local economy and wallet share. “You and Your Money” not just another blog a Canadian financial, writer, author, blogger perspective with unedited straight talk on personal finance, new prouducts and services.

MONEY News combines a strong focus on Personal Finance with the strongest business media prescence on the Internet today. The next level of website and marketing push is now ready to be revealed; perhaps the first of its kind built at the right time for all the right reasons.

MONEY Media – and media giants like are working together with MONEY to get the financial news and information out to where it naturally belongs.  Today collaboration is the keyword to get news and information out to the right intended target audience. Top media companies rely on MONEY to get all their new to all the right target markets, a purposefully built online destination place for Canadians concerned about their finances look for answers, ideas and advice.  MONEY is “financial content” and naturally our business is selective “financial advertising” and at the same time due to our excellent online prescience and media prowess we take advantage of our ability promote “Financial Literacy”. is celebrating the fact that as an important and critical keyword we have worked hard to bring in the MONEY and financial news from the humble beginnings of a small newsletter to a niche and darling company that has all respect and favour in business and charity. MONEY News is moving to the next level of its vertical growth and is re-creating the entire site to be a complete financial news site which will give MONEY greater reach in Canada and the world for all the right reasons.  MONEY – – MONEY News stay tuned; coming soon…