''Financial Times of Canada'', originally entitled ''Montreal Financial Times'' was a business-focused weekly newspaper published in Canada between 1912 and 1995.

History

The newspaper was first published on 21 June 1912, and was originally entitled the ''Montreal Financial Times''. In 1961 it was bought by Southam-Maclean Publications Limited, owned by Southam Company Limited, which was later renamed Southam Inc. Michael Barkway was named editor and publisher of the paper in 1962, staying in those positions until 1974, during which time circulation of the paper increased from 5,000 to 50,000. On 1 July 1975 the headquarters of the newspaper moved to Toronto, Ontario. In the late 1980s the newspaper became locked in a circulations battle with other Toronto-based business publications, including the '' Globe and Mails daily ''Report on Business'', and Toronto Sun Publishing Corp's '' Financial Post''.

John Macfarlane John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second E ...

became editor in 1987, and in 1988 the newspaper was revamped into a tabloid format, with a buff-coloured front cover, and with a greater focus on analytical pieces. However, this resulted in only a relatively small increase in circulation from 105,000 in 1987 to 118,000 in 1989, with the publication losing more than $10 million in 1988 and 1989. As a result Southam Inc. decided to sell the newspaper, putting it up for sale on 26 October 1989, and announcing its sale to the Thompson Newspapers Corp., owners of the ''Globe and Mail'' in December 1989 for an undisclosed sum. Failure of the newspaper to compete successfully with the ''Globe and Mails business section and the ''Financial Post'' after it switched to a daily format during the mid-90s led to a decline in the fortunes of the newspaper. Steve Lawrence was brought in to edit the paper in 1991 in an effort to save it, but left in 1993. In 1993 the paper contested a gagging order brought against them by Miko Leung, president of MTC Electronic Technologies, on reporting on the content of court files including a lawsuit brought against Leung by his former wife, and questioned whether an announced Chinese business deal was in fact real. By 1994 Miko Leung had fled to Hong Kong and the share-price of MTC had collapsed. By 1995 the newspaper had shrunk to a third of its peak size of 70 pages, with staff-cuts also being carried out. In 1995 it was decided to shut down the newspaper, with the final edition being published on 18 March 1995.

Editor-in-chief

Bernard Keble Sandwell Bernard Keble Sandwell, or BK as he was more commonly known, (December 6, 1876 – December 7, 1954) was a Canadian author, and a magazine and newspaper editor, best known as the editor of '' Saturday Night'' (1932-1951). Early life Sandwell ...

(1912-1919)Frederick W. Gibson.
Queen's University: Volume II, 1917-1961: To Serve and Yet Be Free
'. MQUP; 1 October 1983. . p. 54–. * Michael Barkway (1961-1974) * David Tafler (1974-1984) * Terence Corcoran (1984-1987) *

(1987-1989) * Michael Posner (1989-1991) * Steve Lawrence (1991-1993) * James Fleming (1993-1995)

References

{{reflist, 30em 1912 establishments in Canada Weekly newspapers published in Quebec Weekly newspapers published in Ontario Newspapers established in 1912 Newspapers published in Montreal