G3 Global Grain Group to take over CWB
By Top Crop Manager
Apr. 15, 2015 - G3 Global Grain Group will invest $250 million to become the new majority owner of the Canadian Wheat Board.
The new Winnipeg-based partnership was selected to take over CWB's operations after a process set in motion when the Conservative government ended its marketing monopoly.
Farmers who sell their grain through the CWB can receive free units in an independently managed trust, which will hold the remaining 49.9 per cent interest in the CWB.