It’s the second Canadian ethnic newspaper this spring, to suspend operations.   The Italian language newspaper, “Corriere Canadese” is no longer publishing.

The announcement was made in its Saturday edition, after publishing in Toronto for over 58 years.  The daily publication was launched on June 2nd, 1954 by the late Dan Iannuzzi, a third generation Canadian who later went on to found the multilingual TV station CFMT, now known as OMNI.

“Fiercely Canadian and Proudly Italian” was Iannuzzi’s personal motto which was printed on the masthead of each edition. The publisher died a few months after his newspaper celebrated its 50th anniversary.

Current editor Paola Bernardini posted a note in Italian on Saturday that explained the economic reasons behind the decision which included the fact that the Italian government decided in 2010 to reduce the grants it provided to six international publications including the “Canadian Courier”.

Last month, the 53-year-old newspaper The Canadian Jewish News announced it would stop printing after the June 20th issue.