"When local news outlets shutter due to cuts, we all lose" 

No we don't. In fact the only time I buy my local Postmedia rag is to draw up a list of advertisers that I will boycott this month. The Sun media newspapers which later became Postmedia are disgracefully biased. The day when my local rag folds will be a great day as far as I'm concerned and can't happen soon enough..