The Globe and Mail reports in its Saturday edition that Toronto Star publisher Nordstar Capital announced plans to put Metroland Media Group, its regional newspaper business, into bankruptcy protection on Friday. The Globe's Andrew Willis and Joe Castaldo write that the move will eliminate 605 jobs. More than 70 of the weekly papers will become digital-only publications. Nordstar-owned Metroland launched the court-supervised restructuring after suffering what the company called "unsustainable financial losses stemming from the changing preferences of consumers and advertisers." Metroland's bankruptcy filing is the latest in a string of setbacks for local news operations in Canada and elsewhere, which have seen readers migrate to large on-line platforms. Court filings show Metroland owes creditors $74.2-million. The move means the end of weekly print newspapers in many Ontario cities, including Barrie, Dundas, Oakville, Perth and Renfrew. Friday's court filing shows Metroland's largest creditor is Torstar, which is owed a total of $41.6-million. Torstar declined to comment on the debt. Metroland owes $8.4-million to its bank, Canadian Imperial Bank of Commerce. Its printer, Transcontinental, is out $2.2-million.