Recycling costs result in $32 million charge against earnings of Quebecor's TVA Group

The impact of the huge increases in recycling fees for magazines in Quebec has translated into a quarterly loss for its largest pulishing group, TVA Group Inc. According to a story in the Montreal Gazette, the company, which is the publishing division of Quebecor Media, had a loss of $1.66 a share in Q1, largely because of an impairment charge of $32.2 million logged to cover waste recovery fees