Crwe World | TC Transcontinental condemns a City of Montreal regulation which would put an end to the Publisac

TC Transcontinental (TSX: TCL.A TCL.B), owner of the Publisac, reacts today to the City of Montreal’s announcement of its intention to implement an opt-in system for the distribution of flyers beginning in May 2023, that would lead to the end of the distribution of the Publisac on its territory. As already indicated by TC Transcontinental, an opt-in model is unsustainable because of its complexity and the prohibitive costs it would generate.  “In the current inflationary context, and at a time when the population is facing an unprecedented rise in prices, the social and economic relevance of the Publisac is greater than ever,” said Patrick Brayley, Senior Vice-President of the Distribution Group of TC Transcontinental. Indeed, the Publisac, in addition to giving consumers access to discounts, distributes local newspapers at an advantageous cost, helps merchants to attract customers and compete against the giants of e-commerce, and supports thousands of direct and indirect jobs. We intend to assert our rights and those of our customers if necessary.”

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