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Canada has a well-established media industry and enjoys unrestricted freedom of expression. There are almost 100 daily newspapers in Canada, and approximately one in five Canadians over the age of 18 buy a newspaper every day. The Toronto Star is the largest, with a circulation of 292,000 every weekday, along with other well-known titles such as The Globe and Mail and the Montreal Gazette. Some of the oldest newspapers in North America continue to be published in Canada, with the Quebec Gazette (established in 1764) considered to be the oldest.
Television networks in Canada are mainly privately run, with the exception of the Canadian Broadcasting Corporation (CBC). Of the private enterprises, CTV and Global Television are amongst the largest. Despite having a difficult year in 2009, when the industry posted pre-tax losses of CAD116 ($US122) million, rising advertising revenue contributed to a pre-tax profit of CAD15.5 (US$16) million in 2010.