G3 Canada

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G3 Canada Limited is a Canadian grain company headquartered in Winnipeg, Manitoba.

The company operates a network of grain elevators and port terminals across Canada, as well as a laker vessel and a fleet of grain hopper railway cars. G3 purchases grains and oilseeds from farmers, who deliver their crops to G3 facilities by truck. The commodities are then transferred to trains and/or ships and shipped to customers around the world.

History[edit]

G3 was created in 2015 when G3 Global Grain Group (a joint venture of US agribusiness Bunge and Saudi agricultural investment firm SALIC) purchased a majority interest in the Canadian Wheat Board and combined it with the grain assets of Bunge Canada..[1][2][3][4][5][6] The other shareholder in G3 Canada Limited is the Farmers Equity Trust, which owns the Class B shares in the company.[7][8]

Soon after its formation, G3 began building a network of grain handling facilities.[9][10][11] The company opened new grain elevators in Bloom, Manitoba[12] and Colonsay, Saskatchewan[13] in 2015 and in Glenlea, Manitoba[14][15] and Pasqua, Saskatchewan[16] in 2016. The company opened new grain elevators in Melville and Saskatoon, Saskatchewan in 2018[17][18] and in Maidstone, Saskatchewan in 2019[19]. G3 also had new grain elevators planned or under construction in Wetaskiwin[20][21][22], Morinville[23], Carmangay[24], Irricana and Stettler County, Alberta to open in 2020.[25][26][27]

G3 also operates grain elevators in Leader[28], Kindersley, and near Plenty, Saskatchewan[29]

G3 built a new grain export terminal at the Port of Hamilton, Ontario which opened in 2017.[30][31]The company also operates port terminals at the Port of Thunder Bay, Ontario, Trois Rivières and Québec City, Québec.[32]

G3 Terminal Vancouver, a new grain export terminal, is under construction at the Port of Vancouver in North Vancouver, British Columbia. G3 Terminal Vancouver is a joint venture of G3 Global Holdings and Western Stevedoring Company Limited. The facility is due to open in 2020.[33][34][35][36][37][38]

References[edit]

  1. ^ "Ottawa closes sale of Canadian Wheat Board, name changes to G3". CBC/Canadian Press. July 31, 2015.
  2. ^ Reuters. "Investor takes over grain handler CWB, renames it G3 Canada". Reuters.
  3. ^ "G3 Global Grain Group (Bunge & SALIC) takes on major ownership of CWB - updated". Real Agriculture. April 15, 2015.
  4. ^ McGregor, Janyce (April 15, 2015). "Investor G3 Global Grain Group to take over wheat board". CBC.ca.
  5. ^ Owram, Kristine (October 27, 2016). "How the Canadian Wheat Board's demise unleashed a grain bonanza". Financial Post.
  6. ^ Laychuk, Riley (April 27, 2017). "Manitoba farmer names federal government, company that acquired wheat board in $160m lawsuit". CBC.ca.
  7. ^ Dawson, Allan (October 23, 2015). "G3 Canada's Farmer Equity Plan". Western Producer.
  8. ^ Rance, Laura (April 27, 2015). "The Farmers Equity Trust". Western Producer.
  9. ^ Wittal, Brian (November 30, 2015). "The new G3s cross Canada future". Grainnews.
  10. ^ Skerritt, Jen (February 28, 2018). "Canadian crop trader has a workaround for Canada's grain backlogs". Bloomberg.
  11. ^ "G3 investments benefit Saskatchewan producers". Saskatoon Star Phoenix. October 1, 2015.
  12. ^ Wilgosh, Aaron (October 7, 2015). "Bloom elevator in operation". Portage Online.
  13. ^ Quoroni, Ronald (August 21, 2015). "CWB Colonsay terminal ready for 2015 harvest". Discover Humboldt.
  14. ^ Knutt, Cory (October 6, 2016). "G3 holds grand opening for new Glenlea elevator". Pembina Valley Online.
  15. ^ "How an elevator is made: a close up look at the construction of a modern grain terminal". Real Agriculture. May 15, 2015.
  16. ^ "G3 officially opens two more elevators". Real Agriculture. June 10, 2016.
  17. ^ "G3 plans two new elevators in Saskatchewan". Real Agriculture. March 28, 2017.
  18. ^ Schroeder, Eric (August 16, 2018). "G3 celebrates new elevator openings". World Grain.
  19. ^ "Maidstone getting new primary elevator". Battlefords News-Optimist. March 22, 2018.
  20. ^ Blair, Jennifer (April 9, 2018). "New 42,000 tonne elevator marks G3s first foray into Alberta". Alberta Farm Express.
  21. ^ Salkeld, Stu (November 22, 2018). "County of Wetaskiwin hears update on G3 elevator project". Pipestone Flyer.
  22. ^ Salkeld, Stu (July 9, 2019). "G3 Canada grain terminal coming along nicely". Ponoka News.
  23. ^ "G3 adds new primary elevator at Morinville". Real Agriculture.
  24. ^ Tipper, Stephen (August 17, 2018). "G3 proposes new grain terminal facility next to Carmangay". Vulcan Advocate.
  25. ^ Cross, Brian (March 28, 2019). "G3 to build two new elevators". Western Producer.
  26. ^ "Grain handler G3 to further expand Alberta footprint". Grainnews. March 28, 2019.
  27. ^ "Canadian company confirms locations for grain terminals". Stettler Independent. March 27, 2019.
  28. ^ "Leader". Grain Elevators of Canada.
  29. ^ "Prairie Sentinals Plenty Saskatchewan". bigdoer.com.
  30. ^ "New agricultural terminal in Hamilton increases diversity". CBC.ca. October 13, 2015.
  31. ^ Palermo, Tony (October 1, 2017). "G3 at Port of Hamilton". Ontario Grain Farmer.
  32. ^ Cross, Brian (June 23, 2017). "G3 expansion continues in eastern corridors". Western Producer.
  33. ^ Demaree-Sadler, Holly (October 15, 2018). "G3 Terminal Vancouver construction continues". World Grain.
  34. ^ Cross, Brian (February 9, 2018). "Construction continues on G3 grain network". Western Producer.
  35. ^ Blennerhassett, Patrick (April 10, 2018). "Terminal project aimed at unclogging grain supply chain". Business in Vancouver.
  36. ^ Dawson, Allan (November 25, 2016). "A look at G3s proposed new Vancouver grain terminal". Manitoba Cooperator.
  37. ^ Nickel, Rod (January 26, 2018). "G3 Canada grain terminal to open ahead of schedule in 2019". Reuters.
  38. ^ Nyquvest, Tyler (April 26, 2019). "Terminal capacity crunch". Gateway Magazine.

External links[edit]