Postmedia decides to sideline its print newspapers for Labour Day

TORONTO - Postmedia (TSX:PNC.B) is sidelining its slate of daily newspapers across the country on Labour Day.

The owner of the National Post says that this year none of its newspaper will publish on the holiday Monday.

Postmedia spokeswoman Phyllise Gelfand says Labour Day is a "high vacation period and a low advertising period," which factored into the decision.

Gelfand noted that readers will still have access to updates online.

Newspapers that won't publish on Labour Day for the first time this year are the Calgary Herald, Edmonton Journal, Montreal Gazette and Ottawa Citizen.

The National Post hasn't published a Labour Day edition since 2008. Other Postmedia newspapers which have stopped production on the holiday in the past include the Vancouver Sun, the Vancouver Province, the Regina Leader-Post, the Saskatoon StarPhoenix, and the Windsor Star.

Gelfand said Postmedia subscribers pay on a monthly, semi-annual and annual basis, not based on publishing days, so credits will not be provided.

"We provide content to subscribers across all four platforms including web, tablet, smartphone not just print," she added.

On Tuesday, the Globe and Mail publisher Phillip Crawley told subscribers in an email that it would forgo a Labour Day edition due to the lack of ad revenue to cover the production and delivery of the paper, as well as the number of subscribers on vacation.