Leonard Asper Quotations

We will not actively pursue a US acquisition, and that is a significant change from where we were before.

There are some high-growth assets out there that we can purchase and we can purchase using the currency that we have at a reasonably high multiple.

Earnings of our conventional TV businesses were negatively impacted in the quarter by the Olympic Winter Games, which distorted normal ratings and advertising revenues in all television markets over a two-week period in February.

Our outlook for the balance of the fiscal year remains cautious as we expect continued softness in our Canadian conventional television business and stable performance from our remaining operations.