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Article: Mumbai born Canadian entrepreneur sells immigrant magazine

GaramChai.com canada >> Articles and Features >> This Article

Editor's Note: If you are interested in this article, you may also want to check out our extensive listing of other Indo-Canadian Newspapers, magazines and publications

Vancouver, BC, December 4, 2006 — Naeem "Nick" Noorani, Publisher, President and CEO of The Canadian Immigrant Magazine, today announced that Star Media Group, a division of Toronto Star Newspapers Limited, has purchased the magazine.  "The Canadian Immigrant Magazine is an important resource tool for those in their first years in Canada. Our mission is to inform, educate and motivate more newcomers to see what life in Canada can be like," said Mr. Noorani. "Star Media Group has distribution channels that reach across the country. I'm optimistic that opening up a national distribution network will allow us to reach more immigrants in new areas of the country, benefiting those who see us as a bridge towards a new life in a new home."

“This acquisition is a perfect fit with our strategy to enter the multi-ethnic publication sector,” said Carol Peddie, Vice-President, Business Ventures, Star Media Group. “We currently publish Singtao, and recently launched Sway, geared towards Toronto’s African and Caribbean Canadian communities. With Canadian Immigrant Magazine in our portfolio it enables us to extend our dialogue with the quarter million immigrants that come into this country each year.”

Launched in May 2004, The Canadian Immigrant Magazine is widely distributed in the Lower Mainland of Vancouver It has quickly become a staple for immigrants looking for information about careers, education, lifestyles, culture, money and business – or just for taking their first steps in Canada. Star Media Group plans to launch a Toronto edition of the magazine in the first half of 2007.

The magazine has not only profiled prominent immigrants like business tycoon Michael Lee-Chin, Member of Parliament, Ujjal Dosanjh, Senator Mobina Jaffer, Former Governor General Adrienne Clarkson and CEO of the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games John Furlong – it has also addressed many of the significant issues facing immigrants and Canadians today, from racism and employment barriers to connecting across cultures.

As part of the magazine’s second-year celebrations, earlier this year it launched the first Top Employers for Workplace Diversity Awards. In addition, in support of its strong mandate to support newcomers, The Canadian Immigrant also offers the annual Lilian To Scholarship for Immigrants.

The acquisition will not affect the day-to-day operations of The Canadian Immigrant, editorial content or staff working out of the Vancouver-based monthly, and Noorani will continue on as Publisher.

About Star Media Group

Star Media Group includes the Toronto Star, Canada's largest daily newspaper, and its online newspaper business at thestar.com. In addition, Star Media Group includes Torstar Syndication Services, Fantasy Sports, Torstar Media Group Television, a series of publications including Eye Weekly, Real Estate News, Dream Homes and The Canadian Immigrant; and Torstar’s interest in the jointly owned Sing Tao Daily, the largest Chinese language newspaper in Canada, and Metro, the largest free daily newspaper in Canada. Star Media Groupis a division of Toronto Star Newspapers Limited, which is a subsidiary of Torstar Corporation.

 


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