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Outlet profile

The Logic

Canadian business-centrist

Owned byIndependent private company; investors include FT Ventures (corporate venture arm of the Financial Times Group), Postmedia (minority stake since 2019), Relay Ventures, Four Cornerstones Capital, Roynat Capital, and The Information
FundingPrimarily reader subscriptions; has raised approximately C$10.3 million across three venture funding rounds (2018–2024), most recently a C$4 million round led by FT Ventures in 2024
On the administrationbroadly critical

Background

The Logic was founded in June 2018 by David Skok, a veteran Canadian journalist who previously held senior digital roles at the Toronto Star, The Boston Globe, and Global News. It launched as a subscription-only outlet modeled in part on The Information, targeting readers interested in Canadian technology, startups, and innovation policy. In 2019 Postmedia took a minority stake and began syndicating stories through the Financial Post, giving The Logic wider reach while preserving its editorial independence. The outlet raised a C$4 million round in 2024 led by FT Ventures, marking the Financial Times Group's first Canadian media investment. The Logic operates bureaus in Toronto, Vancouver, Calgary, Ottawa, and Montreal. Its stated mandate is non-partisan business and technology journalism, though its investor base — notably Postmedia, which leans center-right editorially — and its FT connection place it broadly in the mainstream business press tradition. Since 2025 its coverage has been heavily shaped by the Canada–U.S. trade conflict, with consistent reporting on the economic costs of Trump-era tariffs and procurement restrictions for Canadian firms.

Sources

  1. Canada's The Logic is a new subscription news outlet focused on the innovation economy | Nieman Journalism Lab
  2. Postmedia invests in The Logic's subscription-based digital news service | The Globe and Mail
  3. The Logic closes C$4 million funding round led by FT Ventures | Newswire
  4. The Logic | Wikipedia
  5. About Us — The Logic
  6. Editorial Independence — The Logic
  7. The Logic closes C$4 million funding round led by FT Ventures | Editor and Publisher
  8. Trump renews trade attack on Canada, slapping 50% tariffs on a slew of exports | The Logic

Profile compiled 2026-09-18; refreshed when ownership, funding, or the administration changes.

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