Through the late 19th and early 20th centuries, the newspaper grew from a local Toronto affair to a national one, adopting the masthead slogan "Canada's National Newspaper" in the process.
In 2001 the paper was sold to BCE Inc, also owners of the CTV network. The network and paper are now run under the Bell Globemedia division, and several reporters from one of the outlets frequently appear on the other.
Editorially, the Globe and Mail has historically been a conservative paper, though in the past few years it has increasingly become more liberal, especially when compared to its chief rival, the National Post. Due to the competition from the Post the paper has made other changes, such as the introduction of colour photographs and the creation of the "Review" section on Arts and Entertainment.