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This article focuses on the news that a pulp mill was going bankrupt and how it would affect the community. Even though I work in New Brunswick--not exactly crime central in Canada--we've had our share of murderers, pedophiles and pot-carrying premiers. Since the province's economy is largely based on natural resources, I've edited my fair share of boom-and-bust stories from here and elsewhere. Stories about disgruntled forestry workers in northern New Brunswick replaced by mechanical harvesters and stories about angry protests over the closure of the cod fishery in Newfoundland. Along with the 400 direct jobs, economists predicted at least another 200 indirect jobs would shortly disappear. I envisioned people sitting at their kitchen tables, crunching numbers: the mortgage, car payment, groceries, electricity, Christmas presents, kids' clothing.

Presents Canadian business news for December 7, 1998. SkyDome Corp.'s filing for court protection from its creditors; The resignation of two directors from the board of Livent Inc., the Toronto-based live theater company that has filed for bankruptcy protection; United States employment growth compared to Canada's between 1889 and 1997; Provincial securities administrators as close to reaching an agreement on a national system of securities; New York-based International Paper to purchase Union Camp Corp.

Focuses on layoffs at the Canadian Broadcasting Corp. (CBC). Comments by Mike Sullivan of the Communications Energy and Paperworks Union of Canada; CBC president Robert Rabinovitch's plan to reshape the CBC; Plans to follow up layoffs with the integration of the CBC's new services; The effect on employee morale of Rabinovitch's opposition to new license conditions imposed by the Canadian Radio-television and Telecommunications Commission (CRTC).

Presents the opinion of the author of American journalists in Canada. One would like to think that Ottawa would encourage American newspapers, from the land that famously does not understand Canada, to station correspondents here. Instead it nourishes a policy that drives American reporters out. There are at least two dozen correspondents from the major American papers stationed in Mexico. There are only two 'Wall Street Journal' business reporters in Canada. Ottawa taxes the tax remuneration of foreign correspondents as an additional benefit. The 'Los Angeles Times' and the 'New York Times' have removed their correspondents. Ottawa remains oblivious. The best observers in any country are foreigners.

Reports on layoffs at newspapers in Canada as a result of a struggle by papers competing with the National Post to maintain circulation. Closure of 'Saturday Night' magazine.