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                                                                 EXHIBIT 10.10

                         SUN MEDIA (TORONTO) CORPORATION
         12.25% Convertible Obligation ("Cancap") due November 28, 2008

CDN $350,000,000                                             November 28, 2002

     FOR VALUE RECEIVED, the undersigned, SUN MEDIA (TORONTO) CORPORATION, a
company continued and existing under the COMPANY ACT (British Columbia) (the
"ISSUER"), hereby promises to pay to SUN MEDIA CORPORATION, a company
organized and existing under the COMPANY ACT (British Columbia), or its
assigns (in each case, the "HOLDER"), the sum of 350,000,000 Canadian Dollars
(the "FACE AMOUNT") on November 28, 2008, with interests ("COUPON PAYMENTS")
on the unpaid balance thereof at the rate of 12.25% per annum from the date
hereof. The Coupon Payments shall be payable (subject to Section 2(b) hereof)
semi-annually on January 14 and July 14 of each year (the first Coupon
Payment, which shall be of $5,520,890.41 and payable on January 14, 2003, and
the last Coupon Payment which shall be of $16,092,808.22 and payable November
28, 2008), until the Face Amount hereof shall become due and payable.

     This 12.25% Convertible Obligation due November 28, 2008 (together with
any security issued upon transfer or exchange of or in substitution for this
Convertible Obligation, in each case, the "CANCAP") is an obligation of the
Issuer. The Holder of the Cancap will be deemed, by its acceptance of such
Cancap, to have agreed to all of the provisions thereof.

     1.  DEFINITIONS.  The following are definitions which apply to the
Cancap:

"CREDIT FACILITY" means the amended and restated credit agreement dated as of
April 1, 2000, as amended from time to time, between the Issuer (as
borrower), the financial institutions identified therein (as lenders), Royal
Bank of Canada (as administrative agent) and Credit Suisse First Boston
Canada (as documentation agent).

"CONVERSION PRICE" means the fair market value per share (as defined
hereinafter) at the time of a conversion pursuant to Section 6 hereof, as
determined in good faith by the Board of Directors of the Issuer;

"SHARE PAYMENT PRICE" means the fair market value per Share at the time of a
share payment pursuant to Section 2(c) hereof, as determined in good faith
by the Board of Directors of the Issuer; and

"SHARES" means fully-paid and non-assessable common shares of the capital
stock of the Issuer or its successor, and "SHARE" means one (1) such share.

     2.  (a)  CASH PAYMENT.  Subject to Sections 2(c) and 6(a), payments with
respect to the Cancap shall be made in lawful money of Canada. Payments due
and payable on the Cancap shall be made, without the presentment or surrender
of any Cancap, by wire transfer or such other method, and at such
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address in Canada (the "PLACE OF PAYMENT"), as shall be specified by the
Holder in a notice given at any time and from time to time to the Issuer.

         (b)  PAYMENT DEFERRAL OPTION.  The Issuer may elect to defer, at any
time and from time to time, Coupon Payments on the Cancap by extending the
Coupon Payment period on the Cancap for a period (each such period, an
"EXTENSION PERIOD") of up to twelve (12) consecutive semi-annual periods;
provided, however, that no Extension period may extend beyond November 28,
2008.

         (c)  SHARE PAYMENT OPTION.  The Issuer may at any time, at its
option, elect to satisfy its obligation to pay deferred semi-annual and the
final Coupon Payment amounts by issuing and delivering to the Holder, for
each portion of $1,000 of Coupon Payment owed under the Cancap, the number of
Shares obtained by dividing $1,000 by the Share Payment Price.

     3.  OPTIONAL REDEMPTION.  The Cancap is redeemable at the option of the
Issuer, in whole at any time or in part from time to time, at a redemption
price equal to the then outstanding Face Amount (or portion thereof called
for redemption, as the case may be), together, in each case, with accrued and
unpaid Coupon Payments, if any, to the redemption date.

     In order to effect an optional redemption, the Issuer shall provide to
the Holder a notice of redemption of at least one (1) business day. On and
after any redemption date, Coupon Payments will cease to accrue on the Cancap
or portion thereof called for redemption.

     4.  MANDATORY REDEMPTION.  (a)  The occurrence of any of the following
shall constitute a "MANDATORY REDEMPTION EVENT":

         (1)  any failure to pay the Face Amount of the Cancap when due and
payable (whether at maturity or a date fixed for redemption or by declaration
or otherwise);

         (2)  any failure to pay any Coupon Payment on the Cancap when due
and payable, which failure continues for a period of thirty (30) days;

         (3)  any failure to perform any other obligation under the Cancap,
which failure continues for more than thirty (30) days after receipt by the
Issuer of a notice from the Holder describing such failure in reasonable
detail;

         (4)  the Issuer (i) admits in writing its inability to pay its debts
as they become due, (ii) files, or consents by answer or otherwise to the
filing against it of, a petition for relief, reorganisation or arrangement or
any other petition in bankruptcy or for liquidation or to take advantage of
any bankruptcy, insolvency, reorganization, moratorium or other similar law
of any jurisdiction, (iii) makes an assignment for the benefit of its
creditors, (iv) consents to the appointment of a custodian, receiver, trustee
or other officer with similar powers with respect to it or

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any substantial part of its assets or (v) takes corporate action for the
purpose of the foregoing; or

         (5)  a court or other governmental authority of competent
jurisdiction enters an order (i) appointing a custodian, receiver, trustee or
other officer with similar powers with respect to the issuer or any
substantial part of its assets, (ii) for relief or approving a petition for
relief, reorganization or any other petition in bankruptcy or for liquidation
of the issuer or to take advantage of any bankruptcy, insolvency,
reorganization, moratorium, or other similar law of any jurisdiction or (iii)
for the dissolution, winding-up or liquidation of the Issuer, or any such
petition shall be filed against the Issuer and not be dismissed within ninety
(90) days.

(b)  The Cancap is not redeemable at the option of the Holder upon any
Mandatory Redemption Event prior to May 15, 2007. From and after May 15,
2007, the Cancap is not redeemable at the option of the Holder upon any
Mandatory Redemption Event unless (i) no amounts are outstanding under the
Credit Facility, (ii) the administrative agent under the Credit Facility has
already demanded payment of amounts owing under the Credit Facility, or (iii)
if amounts are outstanding under the Credit Facility, not less than ninety
(90) days' advance notice of the Mandatory Redemption Event has been given to
the administrative agent under the Credit Facility. Subject to the foregoing,
if any Mandatory Redemption Event has occurred and is continuing, the Holder
may, by written notice to the Issuer, declare the Cancap to be immediately
due and payable to the holder. In any such case, the Cancap will mature, and
all amounts payable with respect thereto shall become immediately due and
payable, without presentment, demand, protest or further notice, all of which
are hereby waived.

(c)  At any time after the Cancap has been declared immediately due and
payable, the Holder may, by notice to the Issuer, rescind such declaration
and its consequences; PROVIDED THAT (i) no judgment or decree shall have been
entered for the payment of the Cancap by reason of such declaration, (ii) the
Issuer shall have paid all amounts then due and payable (other than by virtue
of such declaration) with respect to the Cancap, and (iii) all non-monetary
Mandatory Redemption Events, if any, shall have been waived by the holder of
shall have been cured.

5.   RANKING. The obligations of the Issuer under the Cancap are subordinated
in right of payment to the prior payment in full of all existing and future
indebtedness of the Issuer. The holders of all other indebtedness of the
Issuer will be entitled to receive payment in full of all amounts due on or
in respect of all other indebtedness of the Issuer before the Holder is
entitled to receive or retain payment of any kind on the Cancap.

6.   CONVERTIBILITY. (a) By giving a notice (a "CONVERSION NOTICE") to the
Holder at any time prior to the close of business on November 27, 2008 or the
business day immediately preceding the date of a redemption, as the case may
be, the Issuer may elect to convert all or any part of the unpaid Face Amount
and accrued and unpaid Coupon Payments into Shares at the Conversion Price,
the number of which Shares shall be determined by dividing the amount to be
so converted by the
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Conversion Price. Until the Issuer converts any unpaid Face Amount and
accrued and unpaid Coupon Payments to Shares, the Holder shall have under
this Section 6 none of the rights or obligations of a shareholder of the
Issuer.

(b)  RESERVED SHARES; REGISTRATION, LISTING, ETC. The Issuer shall reserve
(if at any time its articles limit the number of authorized Shares) and at
all times keep available, solely for the purpose of delivery upon conversion
of the Cancap as provided in this Section 6, such number of Shares as would
then be deliverable at the Conversion Price upon the conversion of the
Cancap, which Shares would then be deliverable at the Conversion Price upon
the conversion of the Cancap, which Shares would be upon delivery duly and
validly issued and fully paid and non-assessable. If any such Shares require
registration with or approval of any governmental authority under any
applicable law or listing upon any national securities exchange before such
shares maybe issued and delivered upon conversion, the Issuer shall use its
best efforts to cause such Share to be duly registered, approved and listed,
as the case may be.

(c)  CONVERSION PROCEDURE. Each Conversion Notice shall specify (a) the
unpaid Face Amount of the Cancap, (b) accrued and unpaid Coupon Payments
payable theron, (c) the Conversion Price and (d) the number of Shares to be
issued and delivered upon conversion. The Issuer shall, within the (10) days
of sending any Conversion Notice (or at such later time as to which the
Issuer and the Holder may agree) deliver to the Holder at the Place of
Payment, against surrender of the Cancap owned by the Holder, (i) at the
Issuer's expense (including any stamp taxes or similar governmental charges),
the appropriate number of duly and validly issued and fully paid and
non-assessable Shares and one (1) or more stock certificates therefor (in
such number and registered in such names as the Holder may direct, provided
that if Shares are to be registered in the name of a person other than the
Holder, the Holder shall take all steps necessary to ensure that such
registration and any transfer resulting therefrom does not breach any
applicable provision of securities law or stock exchange rule) and (ii) to
the extent of any unpaid Face Amount of the Cancap after giving effect to
such conversion (and at the Issuer's expense), one (1) Cancap (registered in
such name as the Holder may direct) in substantially the form, and in
aggregate face amount equal to the such unpaid Face Amount of, such
surrendered Cancap. Each new Cancap shall be dated the date to which the
Coupon Payment shall have been paid on such surrendered Cancap and future
Coupon Payments shall accrue from such date.

7.   MISCELLANEOUS.

(a)  NOTICES. Except as specifically provided elsewhere herein, notices and
other communications required or permitted to be given hereunder will be
effective when in writing and delivered by hand, mail, recognized overnight
courier or telecopier, addressed as follows or to such other addresses as
shall be specified by notice:

     (1)  If to the Issuer:
          Sun Media (Toronto) Corporation
          333, King Street East
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          Toronto (Ontario) M5A 3X5

          Attention: Treasurer

          Telecopier Number: (416) 947-3119

     (2)  If to the Holder:
          Sun Media Corporation
          333, King Street East
          Toronto (Ontario) M5A 3X5

          Attention: Vice President, Finance and chief financial officer

          Telecopier Number: (416) 947-3119

(b)  GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the laws of the Province of Quebec and the laws of Canada
applicable therein.

(c)  SUCCESSORS AND ASSIGNS. The respective rights and obligations of the
Issuer and of the Holder hereunder shall be binding upon and inure to the
benefit of their respective successors and assigns, PROVIDED THAT the Holder
hereunder may only assign the totality of the unpaid balance of the Face
Amount hereof at the time of an assignment.

     Without restricting the foregoing, the Issuer and the Holder acknowledge
and agree that the Cancap shall be binding upon, and be an obligation of, any
corposation with which the Issuer may amalgamate.

(d)  SEVERABILITY. Any provision of the Cancap that is held invalid, illegal
or unenforceable in any jurisdiction shall not affect the validity, legality
or enforceability of the other provisions of the Cancap in such jurisdiction
or any provision of the Cancap in any other jurisdiction. The Issuer and the
holder shall endeavour in good-faith negotiations to replace any invalid,
illegal or unenforceable provisions with valid, legal and enforceable
provisions, as the case may be, the economic effect of which shall, taken
together with the other provisions of the Cancap, come as close as possible
to the economic effects the parties intended by the Cancap and the
transactions contemplated thereby.

(e)  COUNTERPARTS. The Cancap and any instrument or other document executed
in connection therewith may be executed in any number of counterparts, each
of which shall be original but all of which together shall constitute one (1)
instrument or other document, as the case may be.

(f)  LOSS. In the event the Cancap is misplaced, lost or stolen, the Issuer
shall upon demand, issue and deliver, without cost, to the Holder a new
Cancap identical to this one, as replacement thereof.
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IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized
representative to execute this Agreement as of the date first written above.

ISSUER
------

SUN MEDIA (TORONTO) CORPORATION

By:
   -------------------------------------------
   Name:  Kin-Man Lee
   Title: Vice President, Corporate Controller

HOLDER
------

SUN MEDIA CORPORATION

By:
   -------------------------------------------
   Name:  Pierre Francoeur
   Title: President & Chief Executive Officer<Page>

                                                                   EXHIBIT 10.11

                          MANAGEMENT SERVICES AGREEMENT

BETWEEN:                     QUEBECOR  MEDIA INC.,  a company  incorporated
                             under the laws of the Province of Quebec;

                             (hereinafter referred to as "QMI")

AND:                         SUN MEDIA  CORPORATION,  a company incorporated
                             under the COMPANY ACT, British Columbia;

                             (hereinafter referred to as "Sun")

WHEREAS Sun is an indirect wholly-owned subsidiary of QMI;

WHEREAS QMI has agreed to provide Sun with certain management services subject
to and upon the terms and conditions set forth herein;

NOW THEREFORE THE PARTIES AGREE AS FOLLOWS:

1.      QMI undertakes to provide Sun with the management services described in
        Schedule "A" (the "Services") in the manner set out below.

2.      In consideration of the Services, Sun shall pay to QMI an annual fee
        (the "Annual Fee") as follows:

         2.1    The Annual Fee for the year 2002 shall be equal to five million
                one hundred thousand dollars (5 100 000 $);

         2.2    The Annual Fee for the year 2003 shall be equal to five million
                four hundred thousand dollars (5 400 000 $); and

         2.3    The Annual Fee for each of the years 2004, 2005, and 2006 shall
                be negotiated between the parties, acting in good faith, in
                accordance with their budgeting process on or about the first
                day of October of each preceding year.

3.      In addition to the Annual Fee, QMI shall be entitled to the
        reimbursement of its reasonable out-of-pocket expenses incurred in
        relation with the provision of the Services (including, without
        limitation, reasonable fees and disbursements of legal and financial
        advisors).

4.      For any given year, in no event shall the amount paid by Sun to QMI
        pursuant to Sections 2 and 3 of this Agreement exceed one and a half
        percent (1.5 %) of Sun's Consolidated Revenues for any such given year.
        For the purposes of this Agreement, "Sun's Consolidated Revenues" means
        the gross revenues of Sun and its subsidiaries determined on a
        consolidated basis in accordance with the generally accepted accounting
        principles consistently applied in Canada (GAAP)

5.      The Annual Fee shall be payable in equal monthly instalments, in advance
        on the first day of each month.

6.      All amounts payable under this Agreement are in Canadian dollars, and
        are exclusive of applicable taxes.

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                                     - 2 -

7.      Notwithstanding its actual date of signature, this Agreement shall be
        for a term of five years commencing on January 1st, 2002 and ending on
        December 31st, 2006. Notwithstanding the foregoing, either party may
        terminate this Agreement by written notice to the other party at least
        sixty (60) days prior to the end of any fiscal year.

8.      The preamble and the schedule attached to this Agreement shall form an
        integral part of this Agreement.

9.      This Agreement shall enure to the benefit of and be binding upon the
        respective successors and permitted assigns of the parties hereto.

10.     This Agreement constitutes the entire agreement between the parties
        hereto with respect to the subject matter hereof and cancels and
        supersedes any prior understandings and agreements between the parties
        hereto with respect thereto. There are no representations, warranties,
        terms, conditions, undertakings or collateral agreements, express,
        implied or statutory, between the parties other than as expressly set
        forth in this Agreement.

11.     No amendment to this Agreement shall be valid or binding unless set
        forth in writing and duly executed by both parties. No waiver of any
        breach of any provision of this Agreement shall be effective or binding
        unless made in writing and signed by the party purporting to give the
        same and, unless otherwise provided in the written waiver, shall be
        limited to the specific breach waived

12.     Sun may not assign its rights or obligations under this Agreement
        without the prior written consent of QMI.

13.     Any request, notice or other communication (a "Communication") to be
        given in connection with this Agreement shall be given in writing and
        may be given by personal delivery, by registered mail or by telecopier
        addressed to the recipient as follows

        To QMI.

               QUEBECOR MEDIA INC.
               300 Viger Avenue East
               Montreal, Quebec
               H2X 3W4

               Telecopier:  (514) 985-8834
               Attention: Vice-President, Legal Affairs and Corporate Secretary

        To Sun.

                SUN MEDIA CORPORATION
                300 Viger Avenue East
                Montreal, Quebec
                H2X 3W4
                Telecopier: (514) 985-8834
                Attention: Corporate Secretary

        or such other address, telecopier number or individual as may be
        designated by notice by a party to the other. Any Communication given by
        personal delivery shall be deemed to have been given

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                                     - 3 -

        on the day of actual delivery thereof and, if given by registered mail,
        on the second Business Day following the deposit thereof in the mail
        and, if given by telecopier, on the day of transmittal thereof.

14.     This Agreement shall be governed by and construed in accordance with the
        laws of the Province of Quebec and the laws of Canada applicable
        therein.

15.     The Parties have requested that this Agreement be drafted in the English
        language. LES PARTIES ONT EXIGE QUE CE CONTRAT SOIT REDIGE EN LANGUE
        ANGLAISE.

IN WITNESS THEREOF THE PARTIES HAVE EXECUTED THIS AGREEMENT ON JANUARY 17TH,
2003.

                                       QUEBECOR MEDIA INC.

                                       Per:   /s/ Claude Helie
                                              ------------------------

                                       Per:   ________________________

                                       SUN MEDIA CORPORATION

                                       Per:   /s/ Pierre Francoeur
                                              ------------------------

                                       Per:   ________________________

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                                  SCHEDULE "A"

                             DESCRIPTION OF SERVICES

-    Internal Audit

-    Legal and Corporate Services

-    Financial Planning and Treasury

-    Tax Services

-    Real Estate

-    Financial Analysis

-    Human Resources

-    Insurance and Risk Management Services

-    Public Relations, Investor Relations and Communications Services

-    Top Management Services

-    and other services to be agreed upon between the parties.

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