I always find it interesting to read or hear the mainstream media cover big ag stories. We have been able to see this with the coverage of the CWB single desk dissolving early this year and now the Glencore – Viterra deal.
In the below episode of the Lang and O’Leary Exchange, three segments are featured on the Viterra – Glencore deal. They really do provide a well rounded view of this deal by starting with Dragon Den’s star Kevin O’Leary banging the drum of pure capitalism, then Curt Vossen discusses why this deal works for Richardson International and finishes with NFU board member Doug Scott who claims farmers losing the CWB single desk has created this new market concentration.
Kevin O’Leary has some strong words for critics of this deal.
- Politicians should not be able to make decisions for the province or country.
- Not allowing the markets to function is anti-business
- Creating barriers to foreign investment in Canada ultimately hurts all Canadians.
If you cannot see the embedded video below, click here