Exhibit 7



CanWest Media Inc.

Fixed Charge Ratio

in thousands of Canadian dollars



|                                                    |  |                       |   |  |         |   |  |         |  |          |   |  |          |  
|--------------------------------------------------- |  | --------------------- | - |  | ------- | - |  | ------- |  | -------- | - |  | -------- | -
|                                                    |  | Year ended August 31, |  
|                                                    |  | 2000                  |   |  | 2001    |   |  | 2002    |  | 2003     |   |  | 2004     |  
|Net income                                          |  | 176,273               |   |  | 97,682  |   |  | 97,910  |  | 187,606  |   |  | (158,949 | )
|eliminate:                                          |  |                       |   |  |         |   |  |         |  |          |   |  |          |  
|income taxes                                        |  | 41,757                |   |  | (27,280 | ) |  | 47,610  |  | 39,130   |   |  | 27,734   |  
|financing expenses                                  |  | 59,813                |   |  | 268,843 |   |  | 255,006 |  | 248,478  |   |  | 220,624  |  
|interest component of rent expense                  |  | 1,598                 |   |  | 3,705   |   |  | 5,779   |  | 6,860    |   |  | 6,600    |  
|interest in earnings of equity accounted affiliates |  | (74,480               | ) |  | (38,076 | ) |  | 13,338  |  | (100,007 | ) |  | (99,264  | )
|                                                    |  |                       |   |  |        
|Add:                                                |  |                       |   |  |         |   |  |         |  |          |   |  |          |  
|Dividends from equity accounted affiliates          |  | 76,729                |   |  | 72,146  |   |  | 60,984  |  | 33,378   |   |  | 104,855  |  
|                                                    |  |                       |   |  |         |   |  |         |  |          |   |  |          |  
|Income before taxes and fixed charges               |  | 281,690               |   |  | 377,020 |   |  | 480,627 |  | 415,445  |   |  | 101,600  |  
|                                                    |  |                       |   |  |         |   |  |         |  |          |   |  |          |  
|Fixed Charges                                       |  |                       |   |  |         |   |  |         |  |          |   |  |          |  
|Financing expense including amortization            |  | 59,813                |   |  | 250,943 |   |  | 255,006 |  | 248,478  |   |  | 220,624  |  
|Preferred dividend                                  |  |                       |   |  | 76,140  |   |  | 106,084 |  | 91,631   |   |  | 88,110   |  
|Interest component of rent expense 1/3              |  | 1,598                 |   |  | 3,705   |   |  | 5,779   |  | 6,860    |   |  | 6,600    |  
|                                                    |  |                       |   |  |         |   |  |         |  |          |   |  |          |  
|Total Fixed Charges                                 |  | 61,411                |   |  | 330,788 |   |  | 366,869 |  | 346,969  |   |  | 315,334  |  
|                                                    |  |                       |   |  |         |   |  |         |  |          |   |  |          |  
|Ratio of earnings to fixed charges                  |  | 4.6                   |   |  | 1.1     |   |  | 1.3     |  | 1.2      |   |  | 0.3      |