Canwest gets even more frugal

TORONTO – In a memo to employees on Friday, CanWest Global’s interim TV president Peter Viner froze all salaries and expenditures until the end of the fiscal year as well as saying her personally must approve many expenses. “As you know, our industry – and indeed, all industries – continue to face economic challenges. Over the last several months, the Broadcasting leadership team has been doing everything possible to adapt to these unprecedented changes. Canwest’s long-term health will depend on our shared commitment to innovate and invest wisely, while ensuring we maintain a cost structure that is in step with...