An ambitious plan to remake a Hamilton television station as a model for revitalized local news has come undone.
CHCH-TV, which reaches four million homes across Ontario, briefly but abruptly cancelled its newscasts last Friday as its owners announced that the company that created local news for the channel, Channel 11 LP, had filed for bankruptcy, triggering massive cutbacks.
The network laid off all 129 full-time and 38 part-time staff members, claiming losses of $130,000 per week, then offered to hire back 71 people to similar roles under a new, numbered company contracted to create daily news.
JAMES BRADSHAW- Globe and Mail – December 14, 2015.