Prime Minister Justin Trudeau has reportedly asked cabinet veteran Anita Anand to serve as federal transport minister following Pablo Rodriguez’s departure from cabinet on Sept. 19 to seek the leadership of Quebec’s provincial Liberal party. As transport minister, Anand will oversee the function of Canada’s railways and ports, including the transportation of grain and other… Read More
Tag: Bunge
A series of key decisions on Bunge’s proposed acquisition of Viterra are expected in the next few weeks, as anti-trust regulators and government officials in countries around the world are completing their assessments on whether to approve the multi-national grain company marriage, and what the requirements will be for approval. In Canada, the federal transport… Read More
The Agricultural Producers Association of Saskatchewan (APAS) continues to raise major concerns about Bunge’s proposed acquisition of Viterra. A decision on whether to allow the multinational grain company deal to go ahead in Canada — and what the conditions will be if approved — is currently before the federal cabinet, as Transport Canada wrapped up… Read More
Op-ed submitted by Ian Boxall, president of Agriculture Producers Association of Saskatchewan In a recent op-ed, Gregory Heckman, CEO of Bunge, defended the proposed merger between Bunge and Viterra, arguing that the combination would mean investment and growth for Canadian agriculture, particularly in Saskatchewan. While the optimism from a corporate standpoint is expected, given that… Read More
This op-ed was submitted to RealAgriculture by Gregory Heckman, CEO of Bunge Prairie farmers, stakeholders and communities – the teams from Bunge and Viterra have met with many of you directly or through your industry associations in recent months. We’ve listened to your concerns and have answered your questions about what the complementary combination of… Read More
Bunge’s proposed acquisition of Viterra could result in more than $700 million in annual economic losses to farmers, according to a new report authored by researchers at the University of Saskatchewan. The study, conducted by Drs. Richard Gray, James Nolan, and Peter Slade, received research support from the Agricultural Producers Association of Saskatchewan (APAS), Alberta… Read More
Canada’s Competition Bureau is raising “substantial competition concerns” with Bunge’s proposed acquisition of Viterra. The US$8.1 billion deal announced in June 2023 would likely harm competition for canola grown near Bunge’s crush plants in Western Canada, and the supply of refined canola oil in Eastern Canada, according to a report published by the Bureau on April… Read More
The union representing employees who work at Viterra’s elevators in Saskatchewan and at the grain company’s head office in Regina is planning to make a decision in early January on whether to move ahead with strike action. Members of the Grain and General Services Union (GSU) Local 1 (Viterra Country Operations and Maintenance) and Local… Read More
Transport Canada has launched public consultations on Bunge’s proposed US$8.1 billion acquisition of Viterra. Transport Minister Pablo Rodriguez decided in September that the combination of the two grain companies warranted a review under the Canada Transportation Act regarding the impact it could have on Canada’s transportation system. Both Viterra and Bunge hold ownership interest in… Read More
Four Saskatchewan farm groups are urging the Saskatchewan government to conduct a thorough risk assessment of Bunge’s proposed $8.1 billion acquisition of Viterra. The leaders of the Agricultural Producers Association of Saskatchewan, SaskCanola, Sask Wheat, and SaskBarley have written a letter to Agriculture Minister David Marit calling for a review of the multinational grain handler… Read More