Competition Bureau Archives - Page 5 of 6

Canadian farm groups want curbs on Agrium’s clout

By Rod Nickel June 16, 2012

Reuters / Two influential Canadian farm groups will urge the country’s Competition Bureau to scale back Agrium Inc.’s proposed purchase of Viterra Inc. assets, saying Agrium might become too powerful in the sale of fertilizer and other crop supplies. In a $6.1-billion deal, global commodities giant Glencore International PLC will buy Viterra, Canada’s biggest grain

Cereals, News

Viterra shareholders back Glencore

By Scott Haggett And Rod Nickel June 8, 2012

Reuters / Shareholders of Canada’s largest grain handler, Viterra Inc., voted overwhelmingly May 29 in favour of a friendly takeover bid by Swiss commodities trader Glencore International Plc., pushing the biggest deal in years for the global agricultural sector closer to reality. The deal was supported by 99.8 per cent of shareholders, far more than

Cereals, Crops, News, Oilseeds

Dominoes starting to fall as end of single desk draws nearer

By Allan Dawson April 20, 2012

Research and market development, keeping an eye on the railways,  and the fate of short line railways are just three of the issues KAP is trying to address

Manitoba’s farm leaders are scrambling to plug holes that will be left by the demise of the single-desk CWB. Research and market development, keeping an eye on the railways, and the fate of short lines were high on the agenda when Keystone Agricultural Producers delegates gathered at their General Council meeting last week. But challenges

Crops, News

Viterra shareholders to vote May 29

April 19, 2012

Reuters / Shareholders in Viterra Inc. will vote May 29 whether to approve a $6.1-billion friendly takeover of Canada’s biggest grain handler by Swiss-based commodities trader Glencore International PLC. The vote will be taken at a special shareholder meeting in Calgary, Alberta, a Viterra spokeswoman said. The deal’s completion requires approval of two-thirds of the

News

Store brand foods challenge processors

By Alex Binkley April 7, 2012

The growing presence of retailer branded products on grocery store shelves threatens the future of many processors, says Derek Nighbor, senior vice-president of public and regulatory affairs at Food and Consumer Products of Canada. “We have seen a shift from national brands to store brands on retail shelves right across the country,” Nighbor told the

Cereals, Crops, News

Richardson International’s rise to share top grain spot

By Allan Dawson March 29, 2012

The pending multibillion-dollar sale of Viterra demonstrates the value of patient capital and private ownership, says Richardson International president Curt Vossen. Last week publicly traded Viterra, Canada’s largest grain company, announced it was selling to the world’s No. 1 diversified commodities trader, Swiss-based Glencore, for $16.1 billion. But in a move believed aimed at getting

Cereals, News

Farmers want Competition Bureau to scrutinize sale of Viterra’s input stores

By Allan Dawson March 29, 2012

Most farm groups are giving the Viterra sale a thumbs up on the grain side of the transaction, but there’s concern about potentially less competition in farm input sales. Glencore is buying Viterra, but will sell 232 of Viterra’s 258 input stores in Canada and all 17 in Australia, along with 34 per cent of

Cereals, Crops, Grain Markets, News

Checks and balances needed, post-CWB

By Shannon VanRaes February 15, 2012

With the end of single-desk grain marketing in sight, producers and farm organizations are focusing on filling in the gaps and supporting a stable transition to an open market. “There are more questions than answers,” said Don Dewar, chairman of an ad hoc Keystone Agricultural Producers committee looking at issues grain producers will face in

News

Algoma Seals Upper Lakes Acquisition

By Alex Binkley May 12, 2011

About five months ago, an investment banker approached Algoma Central Corp. with an offer that didn’t come as a complete surprise to president and CEO Greg Wight. With owner Jack Leitch in his 90s, privately held Upper Lakes Group wanted to sell its vessels and related marine assets. As a longtime partner in Great Lakes

Opinion

Railway Reform Impeded By Preconceived Bias

By Doug Faller January 13, 2011

In the Interim Report (October 2010), the Rail Freight Service Review Panel provides a clear, consistent, and convincing analysis of the lack of competition in the rail transportation industry and the preponderance of power possessed by the railways in the marketplace. When the panel applied the Competition Bureau’s methodology to determine if there was competition

Daily Network News

U.S. Supreme Court to hear Bayer’s bid to curb Roundup cases

Canada-China roundup: Producer groups applaud tariff relief; pork left out; mix of criticism and praise from Trump administration

Opinion: Is a closer trade relationship with China a security risk?

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