Not only do I find such a prospect amusing, I find it rather engaging from a journalistic perspective. One thing you can say Fox News does south of the border is that it creates a very interesting point of view. Who can truly say that listening to the ranting and raving of such talking heads as Bill O'Reilly, Sean Hannity and Glenn Beck, hasn't brought them to at least one conclusion about the view of the world on the other side of the aisle? (Mind you, what should not happen is what this boneheaded radio host from Alberta wants - regionalised, central-Canada-is-evil, bickering news)
Whether it will be successful is another question entirely. Right-wing radio has yet to really take off in Canada, where CBC essentially dominates the airwaves because, in all honesty, CBC has some pretty damn interesting hosts and shows. It's one of the most reliable news and information sources in the country, brought to you by your tax dollars, with little to no advertising. Right-wing radio can't offer this in Canada; it can hardly offer anything except ranting.
Which really brings it to a bigger point: I don't see this being successful so long as CBC exists. Private English broadcasters like CTV or Global are already fighting for their share of the market, and while I can't seem to find any network-wide ratings online (if someone could point them out to me, I'd be really appreciative), in specific shows, CBC does keep up with the private broadcasters, sometimes outdoing them. May or may not mean anything, but its clear that CBC isn't some doldrum, backwater TV network- it's a big, if not the biggest, player on the Canadian scene.
Any new network coming on to the scene has to start from scratch, battle with three dominate English networks (and two dominate French networks, one already owned by Quebecor) and hope to all hell that CBC collapses by next year. I just don't see it happening. Sure, Quebecor could be the next News Corporation; but Quebecor is hardly as powerful as Murdoch's company, nor does it have as many fingers in as many places. Could they do it? I'm sure they might be able to, but like Fox News, they'll have to start off small, and it may take a decade or more before they have any real weight. You can't just start a news network overnight in an already crowded field, and expect it to catch fire.
But, I say good luck to Mr. Teneycke, and I hope it goes well. See you on the airwaves, I suppose.