The Canadian Grain Commission (CGC) says that producers who were not paid for grain delivered to ILTA Grain Inc. will be 100 per cent compensated through the CGC’s Safeguards for Grain Farmers Program. The grain company was granted creditor protection under the Companies’ Creditors Arrangement Act (CCAA) in July of 2019. “The Canadian Grain Commission… Read More

Close to a month has passed since ILTA Grain Inc. was granted creditor protection by British Columbia’s Supreme Court, due to its financial difficulties. This left many producers frustrated as some still had contracts with the company. In fact, the Canadian Grain Commission (CGC) has heard from more than 200 producers since the creditor protection… Read More

This past week ILTA Grain Inc. announced it was granted creditor protection under the Companies’ Creditors Arrangement Act (CCAA). In a letter to its vendors and suppliers dated July 8th, 2019, CEO Dan Burneski stated the decision to file was not taken lightly, but “a necessary step” to address its financial situation. “The CCAA filing… Read More