Opinion: The Bunge-Viterra merger dangerously decreases grain transportation competition in Canadian agriculture.
Tag Archives G3
Opinion: Defence of Bunge-Viterra merger has holes
Editorial: Grain business consolidation and concentration
Press releases are often notable because of what they don’t say. Then again, sometimes they unintentionally speak volumes. For example, consider the official statements coming from the Glencore team related to their role in the continuing consolidation and concentration of the grain handling business in Canada. In 2012, when Glencore announced it was acquiring Viterra,
Bunge, Viterra confirm marriage plans
Firms to merge under Bunge banner
The grain handler built out from the foundations of the former Prairie pools is set to be absorbed into one of the world’s biggest grain trading firms in a cash-and-stock deal. After the news leaked out last month, Rotterdam-based Viterra confirmed Tuesday morning it’s “concluded an agreement” to merge into Bunge — the St. Louis-based
Prairie drought spurs record imports via Trois-Rivieres
G3 terminal reports record incoming grain handle
Agrifood firms unable to source enough grain domestically due to last year’s drought have imported a record amount through a major St. Lawrence River grain terminal this year. Winnipeg grain handler G3, whose grain terminal at Trois-Rivieres, Que. has storage capacity for 109,000 tonnes, reported Wednesday the terminal has so far unloaded over 160,000 tonnes
Retailer takes over G3 ag input site
The Rack takes up ag retail business at Plenty, Sask.
A western Saskatchewan ag retail chain has expanded its footprint in that region after closing a deal for a G3 grain elevator’s crop input business. G3 announced Monday it had completed the sale of the ag input business adjacent to its elevator west of Plenty, Sask., to Saskatchewan input and bulk fuel dealer Rack Petroleum,
G3 renews support of CASA’s BeGrainSafe program
For the first time the training will be offered in Central Canada
Winnipeg-based grain firm G3 has renewed its support of the Canadian Agricultural Safety Association’s BeGrainSafe program. G3 is committing $45,000 for 2022. G3 has partnered with CASA since 2016 for delivery of BeGrainSafe, which offers education about the risk of grain entrapment and provides rescue training and equipment for first responders. In 2022, BeGrainSafe will
Farmers’ CWB class action lawsuit gets certified
Suit claims federal government wrongly used farmers' money to help privatize the Wheat Board
A class action lawsuit alleging the government of Canada and G3 Canada Ltd. unlawfully used millions of farmer dollars to privatize the Canadian Wheat Board (CWB) has been certified after wending its way through the courts for 10 years. Court of Queen’s Bench Justice Chris Martin delivered his written judgment Tuesday in Winnipeg, clearing the
Proposed CWB class action suit takes another step
LEGAL | Lawyer Anders Bruun says he’s confident the certification application will be successful
A class-action lawsuit against the Government of Canada and G3 Canada Limited, alleging millions of dollars of farmers’ money was improperly used to privatize the Canadian Wheat Board (CWB) in 2012, is a step closer to certification. In Winnipeg Nov. 22 Court of Queen’s Bench Justice Chris Martin heard from lawyers representing the plaintiff and defence
G3 planning two more Prairie elevators
Northeastern Saskatchewan, Peace sites in works
Grain handler G3 has added a pair of new grain elevators — one in Alberta’s Peace region, the other in northeastern Saskatchewan — to its drawing board. The Winnipeg-based company announced Monday it will build new facilities at Rycroft, Alta. and Melfort, Sask., with construction starting later this year on both toward completion in early
CWB class-action suit a step closer to litigation
Manitoba Court of Appeal overrules lower court, allows case to seek certification
A proposed class-action lawsuit against the federal government and G3, alleging millions of dollars of farmers’ money was improperly used to privatize the Canadian Wheat Board (CWB) in 2012, is a step closer to certification and litigation, says Stewart Wells, chair of the Friends of the Canadian Wheat Board, which is backing the suit. The
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