Compare and contrast time - National Post: M&S gift sparks fear in book world and Globe and Mail: McClelland & Stewart gives itself to U of T. The National Post story is totally slanted by comments from one Canadian publisher, Stoddart, who is running in fear from Random House. The Globe and Mail piece is much more balanced, although it does acknowledge fears that Random House's 25% stake in the company will give it effective control; only NP notes the regulations that could affect U of T's share ownership.

Personally, I think this is a pretty gutsy move by the owner of M&S. Also, if I had time I'd love to do a Slate's Today's Papers for Canadian papers.