I found a whole collection in Tower Records in downtown Toronto. You may have read one. You might not have known it at the time, but the underground newspaper at your school is a zine.
Teens everywhere are publishing zines.
If they cannot find a magazine on a particular subject, they start a zine to reach out to people with similar interests. He wondered if he could produce something better. You don't have to loose your shirt. Just be really cheap and resist the temptation to improve your zine every time. Wait until you make some money to pour it back into the zine.