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The ''Financial Post'' was first published in 1907 by John Bayne Maclean . It was a weekly publication, and one of the core assets of Maclean's media business, which eventually became Maclean-Hunter .

The paper was purchased by Sun Media in 1987 , and expanded into a daily newspaper the following year. In 1997 , Sun Media sold the ''Financial Post'' to Hollinger , whose CEO Conrad Black had been seeking a way to establish a national newspaper. Sun Media acquired the '' Kitchener-Waterloo Record '', the '' Guelph Mercury '', the '' Hamilton Spectator '' and the '' Cambridge Reporter '' from Hollinger in exchange. (Very soon after, all four papers were transferred to Torstar as an incentive to stop a hostile takeover bid by that firm for Sun Media.) The transaction was finalized in July of 1998 , and the ''National Post'' debuted in October of that year.