I follow financial reporting, and I agree with you that the NP is near its end. And I say this where I prefer the politically centrist editorial positions in the NP to the left-wing bias of the G&M.

Where I disagree with you is that the Globe is in any trouble.  First,  its  billionaire owner has deep pockets. Second, its business and investment sections are well written and well edited, and offer small retail investors like me a chance to closely follow various publicly-held companies.

There are essentially two groups of readers for the Globe. First, there are the left-wing readers who enjoy the paper's editorial bias. Second, there are the business readers (like me) who profit from this side of the paper. I'm not sure the G&M could survive with the former readership only. Left-wing readers can always get free reading from the CBC web page. On that note, one reason for the Star foundering is the free left-wing opinion from the CBC web page.