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Grain being loaded on a ship at the Hudson Bay port of Churchill in 2015. (MarketsFarm photo by Jade Markus)
Crops, Other

Port of Churchill moves to 100 per cent local ownership

Corporate partners step out of owner group

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MarketsFarm — The Port of Churchill is undergoing an ownership transition that will see its OneNorth community and Indigenous partners assume 100 per cent ownership of the Hudson Bay port and the rail line connecting it to northwestern Manitoba. The Churchill Marine Tank Farm and associated assets are also part of the deal, according to
(AGTFoods.com)
Crops

Grain World: AGT books eventful 2019

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Saskatoon | MarketsFarm — This year has been a watershed year for AGT Food and Ingredients, the company’s CEO Murad Al-Katib told the Grain World conference in Saskatoon. AGT was delisted from the TSX earlier in 2019, as Al-Katib moved to take the company private after 12 years of being publicly traded. Its new ownership
The Port of Churchill in 2015. (CNS Canada photo by Jade Markus)
Crops

Grain leaves Churchill for first time in four years

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MarketsFarm — The first grain vessel in four years left the northern Manitoba port of Churchill over the weekend, according to social media posts from port owners Arctic Gateway Group. “Happy to report the successful completion and departure of the first grain vessel of the season from Churchill,” Arctic Gateway said on Twitter and Facebook.
The Port of Churchill in 2015. (CNS file photo by Jade Markus)
Crops

Ottawa budgets $117 million to reconnect Churchill

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The federal government’s latest commitment to restore and maintain rail service from the eastern Prairies up to Hudson Bay will involve $117 million over the next 10 years. Ottawa’s pledge follows the Aug. 31 announcement of a deal for a private/public partnership group to buy the Hudson Bay Railway line, which has been closed since
Grain being loaded on a ship at the Hudson Bay port of Churchill in 2015. Former owner OmniTrax shut down the port facility before the 2016 shipping season began. (CNS Canada photo by Jade Markus)
Crops

Grain firms warn of competitive fairness on Churchill assistance

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CNS Canada — The Western Grain Elevator Association (WGEA) wants assurances that any government incentives used to upgrade the rail line to Churchill, Man., and the port there are not used to support competing businesses. Wade Sobkowich, executive director of the WGEA, said the organization’s membership of major grain-handling companies are concerned their competitors could
The Port of Churchill in 2015. (CNS Canada photo by Jade Markus)
Crops

AGT sees ‘further port access’ in Hudson Bay deal

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The grain industry player in a deal to restore and restart the Hudson Bay Railway and Port of Churchill has factored the port’s access to Arctic tidewater into its business plan. Regina-based pulse processor AGT Food and Ingredients is one of the members of the Arctic Gateway Group, which on Friday confirmed a deal to
Goods portside at Churchill in September 2015. (CNS Canada photo by Jade Markus)
Crops, Weather

Hudson Bay rail line repairs to start ‘immediately’

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Off-and-on talks toward a new ownership group for the Hudson Bay Railway have produced a deal, which it’s hoped will lead to the line’s repair before this winter, federal officials announced Friday. Federal Trade Diversification Minister Jim Carr and Northern Affairs Minister Dominic LeBlanc announced the Arctic Gateway Group Limited Partnership has bought the Hudson

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