Montreal AM stations seek foreign investment

By Steve Faguy

MONTREAL — A trio of Montreal-based businessmen who promised to revolutionize talk radio in the city are looking for foreign financing to help get their AM radio stations off the ground, almost eight years after their first licence was awarded by the CRTC.In a video posted to LinkedIn this month, partner Nicolas Tétrault (pictured in a screen cap from that video), a real estate agent who recently went through a personal bankruptcy, complained that there is "no financing available for radio stations" in Quebec. “The banks, they don’t lend to media, private funds don’t lend, pensions … no funds are...