Canadian grain industry promoter faces questions from its members over plan to build $100M facility in Winnipeg

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 51 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 188%
  • Publisher: 92%

Canadian News Nieuws

Canada News,Breaking News Video,Canadian Breaking News

Contending with thinning margins, some are cutting membership costs while others are asking why Cereals Canada is still relevant today

Cereals Canada, a player in promoting Canadian grains that grew out of the ashes of the Canadian Wheat Board, is suffering from a crisis of confidence after several high-profile members signalled an intent to leave the organization after announcements for a new, $100-million facility in downtown Winnipeg.

The turn of events raises questions about the future of Cereals Canada. Maintaining and expanding the cereal industry’s $10.8-billion export market is the primary mandate of the organization. A new building, while expensive, is key to achieving this mandate, says the association. Cereals Canada is the replacement for the Canadian Wheat Board, the sole buyer and seller of Prairie wheat and barley. The board was discontinued by former prime minister Stephen Harper’s government in 2012. In 2020, Cereals Canada also merged with the Canadian International Grains Institute, which provided technical support for the Canadian grain sector, established in 1972.

“The goal was to launch the vision,” he said. “The vision is to be in the space that will help us continue to be globally recognized, best-in-class expertise.” He believes the membership dues, which cost Alberta Grains a total of $700,000 annually, are worth it. So too is a new building if it helps Cereals Canada continue to expand exports.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 5. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Google signs deal with organization to distribute $100M to Canadian news companiesGoogle announced today it has selected an organization to distribute the $100 million the tech giant has promised to Canadian news companies.
Bron: BNNBloomberg - 🏆 83. / 50 Lees verder »

Google signs deal with organization to distribute $100M to Canadian news companiesOTTAWA — Google announced today it has selected an organization to distribute the $100 million the tech giant has promised to Canadian news companies.
Bron: BurnabyNOW_News - 🏆 14. / 77 Lees verder »

Google signs deal with organization to distribute $100M to Canadian news companiesOTTAWA — Google announced today it has selected an organization to distribute the $100 million the tech giant has promised to Canadian news companies.
Bron: BurnabyNOW_News - 🏆 14. / 77 Lees verder »

Google signs deal with organization to distribute $100M to Canadian news companiesOTTAWA — Google announced today it has selected an organization to distribute the $100 million the tech giant has promised to Canadian news companies.
Bron: SooToday - 🏆 8. / 85 Lees verder »

Google signs deal with organization to distribute $100M to Canadian news companiesOTTAWA — Google announced today it has selected an organization to distribute the $100 million the tech giant has promised to Canadian news companies.
Bron: PGCitizen - 🏆 65. / 51 Lees verder »

Google signs deal with organization to distribute $100M to Canadian news companiesOTTAWA — Google announced today it has selected an organization to distribute the $100 million the tech giant has promised to Canadian news companies.
Bron: PGCitizen - 🏆 65. / 51 Lees verder »