Canwest, after acquiring the Southam Inc. chain in November 2000, which included the Cape Breton Post, examined ways to integrate many of its smaller market papers into its Global television news division; however, it wasn't to be. On August 10, 2002, Canwest sold eight Atlantic Canada and two Saskatchewan daily newspapers, 34 community papers, and two printing plants to Transcontinental Media including the Cape Breton Post, and St. John'sThe Telegram.[5] The deal allowed Transcontinental to use its newly acquired Summerside, Prince Edward Island plant to print the Atlantic Canada version of the National Post.[6] On April 13, 2017, Transcontinental announced that it had sold all of its newspapers in Atlantic Canada to SaltWire Network, a newly formed parent company of The Chronicle Herald.[7][8][9]
In March 2024, Saltwire declared bankruptcy.[10]Postmedia Network bought the remains of Saltwire in late summer 2024, including the Cape Breton Post.[11] About a month after Postmedia's takeover, major layoffs occurred in management, editorial staff, and writers, including cartoonist Michael de Adder which also resulted in local content being replaced by advertisements.[12] The Post's building in Sydney was sold in October 2024 as the paper is no longer printed in Sydney, but at the same printing press as the Halifax Chronicle Herald on the mainland.[11]
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