What a difference some 50 years has made in one of Canada's most important and powerful industries!

Back in 1970, the Senate of Canada called an inquiry to investigate the exorbitant profits made by Canada's handful of media barons.

Skinflint media mogul Roy Thomson had declared that owning a radio or television station was like having a license to print money. He added that owning a newspaper was even better, because a license was not required.