"It's not what they are reporting (unless it;s in your mind) it's that they have no money to perform proper journalism."

Postmedia was only founded in 2010.  They cooked a 1.1 BILLION dollar deal with a US hedge fund that year to even make the acquisition of the old Canwest properties possible, and then in 2014 bought Sun Media for another 315M.  They went from nothing to an effective print monopoly from coast to coast in only four years.  You can't expand that quickly in an industry struggling for revenues, borrowing or horse trading for 1.5Bn dollars total, and not watch your little house of cards collapse at some point.

Trust me, when the smoke clears on the demise of newspapers in Canada, and we've had a chance to do a proper post mortem, Paul Godfrey and his ambition will be squarely in the cross hairs.