Who owns globe and mail

The Globe and Mail is a Canadian newspaper that is owned by Woodbridge Holdings Limited, a private company controlled by the Thomson family. The Thomson family has a long history of ownership and involvement in the newspaper industry, dating back to the 19th century.

Woodbridge Holdings Limited is a holding company that was established in 1976 by Kenneth Thomson, a Canadian businessman and media mogul. Thomson acquired The Globe and Mail in 1980, and the newspaper has remained under family ownership ever since.

In 2001, the Thomson family sold a 25% stake in The Globe and Mail to the Ontario Teachers' Pension Plan, a Canadian pension fund. However, the Thomson family still retains a majority stake in the newspaper and exercises significant control over its operations.

In 2017, The Globe and Mail was acquired by The Globe and Mail Inc., a subsidiary of Woodbridge Holdings Limited. The acquisition was reportedly worth around $500 million.

Today, The Globe and Mail is one of Canada's largest and most respected newspapers, with a circulation of over 300,000 and a strong online presence. Despite the challenges facing the newspaper industry, The Globe and Mail remains a vital source of news and information for Canadians.