"All the major Postmedia papers are making money," says Director Arnold Amber. "We are relieved to be out of the danger zones of bankruptcy protection. The hope is that the new owners don't get tied up in the kind of financial difficulty that Canwest did."

CWA Canada represents more than 800 workers at five of the metro dailies, including The Ottawa Citizen, The Gazette in Montreal, the Victoria Times-Colonist, Regina Leader-Post and Windsor Star.

"Our members have borne the brunt of the budgetary slashing that ensued when the Asper family made its futile attempt to rescue the debt-laden company," says Amber, who heads the Canadian region of the largest media union in North America.

"We'd like to think the new owners understand that good journalism is the key factor in the profitability of these venerable newspapers."

Paul Godfrey, who will be CEO and frontman of Postmedia, has made it clear that he sees the future as being digital.

But Amber warns that Godfrey "has to keep in mind that producing quality online content requires good journalism. Nor can the Internet compete with the professional local coverage these papers provide, which is not available elsewhere."

Amber says the union will be seeking a meeting with Godfrey as soon as possible to discuss plans for the chain.

For more information or to arrange an interview, contact: