Since World War II, Canadian newsprint prices have shot up from $61 per ton in New York to $116. After last July's $10 boost, U.S. publishers, who get 90% of their newsprint from Canada, complained so vehemently that the Canadian and U.S. governments agreed to consult before any new price rise. But last week came another piece of bad news: the Canadian government authorized an increase of another $10 next month. To justify the price hike, newsprint makers explained that at the time of the last boost, $116 in U.S. money was worth $123.40 Canadian. But since then, the rise in...
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