Bunge-Viterra merger

As the proposed Bunge-Viterra merger makes it way through the regulatory approval process of the Competition Bureau, it was a featured topic of debate in the Saskatchewan Legislature Thursday. It surfaced in Question Period when NDP Ag Critic Trent Wotherspoon accused the SaskParty government of being silent over the file. Wotherspoon says he asked Agriculture […]

Bunge and Viterra is pleased the Competition Bureau of Canada completed its report on the proposed merger between the two grain companies. In a joint statement on Tuesday, the companies acknowledged the Bureau had no concerns regarding competition for grain purchasing in Eastern Canada and most of Western Canada, specifically for port terminal operations, for […]

The Saskatchewan Wheat Development Commission welcomes the appointment of David Hunt as Chief Commissioner of the Canadian Grain Commission (CGC). Federal Minister of Agriculture and Agri-Food Canada Lawrence MacAulay announced the appointment on Tuesday. “I would like to congratulate David Hunt on his appointment as Chief Commissioner of the Canadian Grain Commission. The CGC plays […]

In it’s report on the proposed Bunge-Viterra merger, the Competition Bureau of Canada says it is likely the merger would reduce competition for grain buying in the Prariries and the sale of canola oil in Eastern Canada. The Bureau also said Bunge could influence the behaviour of G3, which operates grain elevators in the same […]

The federal government is reviewing the merger between ag company giants Viterra and Bunge. Both companies announced the $8.2-billion (US) deal in June. Federal Transport Minister Pablo Rodriguez says the deal is of significant national interest in Canada’s transportation sector and the broader supply chain, as both companies hold ownership interests in port terminals across […]

A day after Bunge Limited and Viterra announced a deal that will see them merge into one agri-business company, reaction has been coming in. Jim Smolik, a stakeholder relations person with Western Canadian Wheat Growers Association, says the deal shows the reality of businesses having to increase in size in order to meet demand. “One […]