It was definitely a day for the business of newspapers to dominate the industry news, whether it was layoffs or forced reinvention in Detroit. A bit of a wrap-up.

In Canada, Sun Media announced it’s laying off 600 people, although according to the Financial Post the number could wind up higher than that.

Newslab.ca has a few more details, and the blog Toronto Sun Family is tracking how the cuts are hitting individual newsroom and naming names.

Given that Canada’s population is about one-tenth of the U.S’s, by my count, the combined layoffs by Sun Media, CanWest and TorStar now have the two countries approaching par as far as the effect of newspaper layoffs this year. (About 1,300 in Canada; 15,000 in the States.) The idea that Canadian newspapers would weather the financial storm better than their southern neighbour appears to be crumbling.

Still in Canada, CanWest’s stock price hit a new 52-week low today, briefly trading at 47 cents before closing 50. At 50 cents a share, the company has lost 93 per cent of its share value in the past year.

In the States, it’s hard to know where to start.

Maybe in Denver, where the Rocky Mountain News is already on the sales block. Now, Denver Post publisher Dean Singleton wants to reopen labour contracts to slash expenses at the paper by $20 million.

Or in Davenport, Iowa, where Lee Enterprises faces possible default on its heavy debtload, according to Paid Content.

But the big news in the states is, of course, the drastic changes in Detroit, including the end of home delivery three days a week. There’s been a lot of Twitter and blog discussion of this, and I’m sure more will emerge over the next couple of days.

Among the posts I have found most interesting so far are Will Bunch’s, Chris O’Brien’s (with some links), and Alan Mutter’s.

Of course, I haven’t hit my RSS reader yet today, so I’m sure there’s much more in there. Given the way the day has so far unfolded, though, I think I may need a drink to fortify myself before logging in.

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