I was not exaggerating.
Mind you I wasn't accurate though. The paper is actually 32" wide by 23" so not quite 3 feet x 2 feet but pretty close. The Globe and Mail is 24" wide x 23" and The Chronicle Herald is 22" wide x 21.5.
I just came across the following blog on the Masthead Online (Canadian Magazine Industry site). The editor was also checking out newsstands in Australia