Plans for Current TV, Al Gore's interactive television network, to enter Canada are on hold for now, according to the television service's vice-president.
The news organization recently laid off 80 people as part of the tough media environment in the U.S. Plans for a public stock offering also were cancelled.
Senior vice-president Michael Streefland told CBC News Current Media is focusing on U.S. domestic operations, including "building out a new programming lineup in the later half of the year."
In June 2009, the CRTC approved plans to launch Current TV in Canada.
The television service, which concentrates on covering international and domestic stories missed by traditional news outlets, was to partner with CBC.
Source: CBC, 12/22/2009