Videotron today announced a press conference for this Wednesday where the company says " it will make a major announcement concerning the marriage of television and the Internet."

According to Canadian media outlets, Quebecor is expected to announce the launch of a 24 hour conservative television news network which the media is unofficially calling Fox News North.

The Globe and Mail is reporting the company will spend about $100-million in the next five years to launch the news network, which will be headed by former chief spokesman for Prime Minister Stephen Harper, Kory Teneycke.

The network would be Canada's third national news network for Canada competing with CBC News Network and CTV News Channel.

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