this post was submitted on 12 Jun 2023
191 points (100.0% liked)

Canada

7226 readers
637 users here now

What's going on Canada?



Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities


πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


πŸ’» Universities


πŸ’΅ Finance / Shopping


πŸ—£οΈ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca/


founded 4 years ago
MODERATORS
 

Even the CBC is making an article about it! πŸ˜…

you are viewing a single comment's thread
view the rest of the comments
[–] chonglibloodsport@lemmy.ca 9 points 1 year ago

CBC often does this with Business reporting. In their story about the InstantPot bankruptcy they neglected to mention that the reason the company was $500 million in debt is because they were acquired by a private equity firm who then took out a $500 million loan in the company's name and used it to pay themselves a huge dividend, earning about $150 million in instant profit.