The Canadian Sing Tao Daily, a subsidiary of Sing Tao News Corporation in Hong Kong, announced on July 25 to end its daily print editions in Toronto and Vancouver from August 28.
Eighty-three employees will be losing their jobs.
This is another overseas Sing Tao Daily to close its printing business after Australia’s Sing Tao Daily, which closed in 2020.
According to insiders, the company has been losing money for some time.
Ming Pao Canada also quoted news that the Canadian Sing Tao Daily had to stop printing because the headquarters of Sing Tao News Corporation, decided not to bear the losses.
Former Editor from CCP Media
Canadian Sing Tao Daily was founded in 1978 as a Chinese language, paid daily newspaper affiliated with Hong Kong Sing Tao News Corporation. The news mainly comes from Hong Kong’s headquarters, covering reports on China, Hong Kong, and international events….