Black Press Group Ltd. has announced the decision to close the daily Alberni Valley Times within the next 60 days.
The twice a week Alberni Valley News will remain in operation.
"Despite the considerable efforts of the staff, the Alberni Valley Times has been experiencing declining circulation and advertising revenues over the past few years and with a paid circulation base of less than 25 percent of the total households in the market area it is no longer a sustainable business model," Black Press president Randy Blair said in a statement.
"Black Press will continue to invest in the Alberni Valley News which has proven to be a successful free distribution twice weekly community newspaper serving the Alberni Valley.
"We would like to thank the employees of the Alberni Valley Times for their efforts and will support them in their endeavours to find new employment," Blair added.
A final publication date for the AV Times has not been announced.