Mayor Rob Ford Not the Only Reason for Stable Q4 Profit: Toronto Star Publisher
Posted: 3/7/2014  |  By: Linda Nguyen | The Canadian Press
The Toronto Star’s coverage of scandal-plagued Mayor Rob Ford helped stabilize profits at parent company Torstar Corp. (TSX:TS.B) in the fourth quarter, but it wasn’t the sole reason for the improved results, company executives said Wednesday.

“If that were the case, the results would be even bigger,” laughed John Cruickshank, the newspaper’s publisher and president of the Star Media Group, when asked in a conference call what role the controversial Toronto mayor played in the company’s latest earnings.