G3 Canada Explained
G3 is a Canadian grain company headquartered in Winnipeg, Manitoba. It consists of two operating companies:
- G3 Canada Limited operates a network of grain elevators in western Canada and port terminals in eastern Canada. G3 purchases grains and oilseeds from farmers, who deliver the crops to G3 facilities by truck. The commodities are transferred to trains and/or ships and shipped to customers around the world. The company owns the Great Lakes bulk carrier vessel G3 Marquis.
- G3 Terminal Vancouver, a grain export terminal at the Port of Vancouver which opened in 2020.[1]
History
G3 Canada Limited 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.[2] [3] [4] [5] [6] [7] The other shareholder in G3 Canada Limited is the Farmers Equity Trust, which owns the Class B shares in the company.[8] [9] G3 has built a network of grain handling facilities.[10] [11] [12]
Grain elevators:
- Bloom, Manitoba,[13] and Colonsay, Saskatchewan[14] opened in 2015.
- Glenlea, Manitoba,[15] [16] and Pasqua, Saskatchewan[17] opened in 2016.
- Melville and Saskatoon, Saskatchewan[18] [19] opened in 2018.
- Maidstone, Saskatchewan[20] opened in 2019.
- Wetaskiwin,[21] [22] [23] Morinville,[24] Carmangay,[25] Irricana, and Stettler County, Alberta[26] [27] [28] opened in 2020.
- Vermilion, Alberta, and Swift Current, Saskatchewan[29] [30] [31] opened in 2021.
- Melfort, Saskatchewan and Rycroft, Alberta opened in 2023[32] [33]
- G3 also operates grain elevators in Leader,[34] Kindersley, and near Plenty, Saskatchewan[35]
Port terminals:
G3's five port terminals are certified by Green Marine, an environmental certification program for North America's marine industry.[48]
External links
Notes and References
- Web site: 2020-07-16 . G3 opens next-generation grain terminal in B.C. - constructconnect.com . 2023-01-23 . Journal Of Commerce . en-US.
- News: Ottawa closes sale of Canadian Wheat Board, name changes to G3. July 31, 2015. CBC/Canadian Press.
- Web site: Investor takes over grain handler CWB, renames it G3 Canada. Reuters. Reuters.
- News: G3 Global Grain Group (Bunge & SALIC) takes on major ownership of CWB - updated. April 15, 2015. Real Agriculture.
- News: Investor G3 Global Grain Group to take over wheat board. McGregor. Janyce. April 15, 2015. CBC.ca.
- News: How the Canadian Wheat Board's demise unleashed a grain bonanza. Owram. Kristine. October 27, 2016. Financial Post.
- News: Manitoba farmer names federal government, company that acquired wheat board in $160m lawsuit. Laychuk. Riley. April 27, 2017. CBC.ca.
- News: G3 Canada's Farmer Equity Plan. Dawson. Allan. October 23, 2015. Western Producer.
- News: The Farmers Equity Trust. Rance. Laura. April 27, 2015. Western Producer.
- News: Canadian crop trader has a workaround for Canada's grain backlogs. Skerritt. Jen. February 28, 2018. Bloomberg.
- News: The new G3s cross Canada future. Wittal. Brian. November 30, 2015. Grainnews.
- News: G3 investments benefit Saskatchewan producers. October 1, 2015. Saskatoon Star Phoenix.
- News: Bloom elevator in operation. Wilgosh. Aaron. October 7, 2015. Portage Online.
- News: CWB Colonsay terminal ready for 2015 harvest. Quoroni. Ronald. August 21, 2015. Discover Humboldt.
- News: G3 holds grand opening for new Glenlea elevator. Knutt. Cory. October 6, 2016. Pembina Valley Online.
- Web site: How an elevator is made: a close up look at the construction of a modern grain terminal. May 15, 2015. Real Agriculture.
- News: G3 officially opens two more elevators. June 10, 2016. Real Agriculture.
- News: G3 plans two new elevators in Saskatchewan. March 28, 2017. Real Agriculture.
- Web site: G3 celebrates new elevator openings. Schroeder. Eric. August 16, 2018. World Grain.
- News: Maidstone getting new primary elevator. March 22, 2018. Battlefords News-Optimist.
- News: New 42,000 tonne elevator marks G3s first foray into Alberta. Blair. Jennifer. April 9, 2018. Alberta Farm Express.
- News: County of Wetaskiwin hears update on G3 elevator project. Salkeld. Stu. November 22, 2018. Pipestone Flyer.
- News: G3 Canada grain terminal coming along nicely. Salkeld. Stu. July 9, 2019. Ponoka News.
- News: G3 adds new primary elevator at Morinville. Real Agriculture.
- News: G3 proposes new grain terminal facility next to Carmangay. Tipper. Stephen. August 17, 2018. Vulcan Advocate.
- News: G3 to build two new elevators. Cross. Brian. March 28, 2019. Western Producer.
- News: Grain handler G3 to further expand Alberta footprint. March 28, 2019. Grainnews.
- News: Canadian company confirms locations for grain terminals. March 27, 2019. Stettler Independent.
- News: G3 plans two new grain elevators in Canada. Reidy. Susan. December 12, 2019. World Grain.
- News: G3 Canada expanding their operation in the Prairies. Vossler. Glenda-Lee. December 12, 2019. Swift Current Online.
- Web site: 2021-06-01. G3 Vermilion grain elevator open for business. 2021-10-28. Alberta Farmer Express. en.
- Web site: 2023-08-14 . G3 holds grand opening for new grain elevator near Melfort . 2023-09-01 . SaskToday.ca . en.
- Web site: G3 officially opens new grain elevator World Grain . 2023-09-01 . www.world-grain.com . en.
- Web site: Leader. Grain Elevators of Canada.
- Web site: Prairie Sentinals Plenty Saskatchewan. bigdoer.com.
- News: New agricultural terminal in Hamilton increases diversity. October 13, 2015. CBC.ca.
- Web site: G3 at Port of Hamilton. Palermo. Tony. October 1, 2017. Ontario Grain Farmer.
- News: G3 expansion continues in eastern corridors. Cross. Brian. June 23, 2017. Western Producer.
- News: Richter. Brent. July 10, 2020. North Vancouver's G3 gain terminal now online. North Shore News.
- News: July 8, 2020. G3's Vancouver Terminal Opens on the West Coast. RealAgriculture.
- Web site: G3 Terminal Vancouver construction continues. Demaree-Sadler. Holly. October 15, 2018. World Grain.
- News: Construction continues on G3 grain network. Cross. Brian. February 9, 2018. Western Producer.
- Web site: Terminal project aimed at unclogging grain supply chain. Blennerhassett. Patrick. April 10, 2018. Business in Vancouver.
- Web site: A look at G3s proposed new Vancouver grain terminal. Dawson. Allan. November 25, 2016. Manitoba Cooperator.
- News: G3 Canada grain terminal to open ahead of schedule in 2019. Nickel. Rod. January 26, 2018. Reuters.
- News: Terminal capacity crunch. Nyquvest. Tyler. April 26, 2019. Gateway Magazine.
- News: Almeida. Isis. Skerritt. Jen. July 8, 2020. Canadian trader bets on new terminal to win Asian clients. BNN Bloomberg.
- Web site: G3 Canada port terminals earn Green Marine certifications World Grain . 2023-09-01 . www.world-grain.com . en.