G3 Canada

G3 is a Canadian grain company headquartered in Winnipeg, Manitoba. It consists of two operating companies:

G3 grain elevator at Carmangay, Alberta opened in 2020

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 their crops to G3 facilities by truck. The commodities are transferred to trains and/or ships and shipped to customers around the world.

The company also operates a Great Lakes bulk carrier vessel and a fleet of grain hopper railway cars.

G3 Terminal Vancouver, a new grain export terminal at the Port of Vancouver which opened in 2020.

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.[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]

G3 grain elevator at Maidstone, Saskatchewan opened in 2019

Soon after its formation, G3 began building a network of grain handling facilities including several grain elevators in Western Canada:[9][10][11]

  • 2015: Bloom, Manitoba[12] and Colonsay, Saskatchewan[13]
  • 2016: Glenlea, Manitoba[14][15] and Pasqua, Saskatchewan[16]
  • 2018: Melville and Saskatoon, Saskatchewan[17][18]
  • 2019: Maidstone, Saskatchewan.[19]
  • 2020: Wetaskiwin,[20][21][22] Morinville,[23] Carmangay,[24] Irricana and Stettler County, Alberta[25][26][27]
  • New grain elevators in Vermilion, Alberta and Swift Current, Saskatchewan are under construction and due to open in 2021.[28][29]

G3 also operates grain elevators in Leader,[30] Kindersley, and near Plenty, Saskatchewan[31]

G3 built a new grain export terminal at the Port of Hamilton, Ontario which opened in 2017.[32][33]

The company also operates port terminals at the Port of Thunder Bay, Ontario, Trois Rivières and Québec City, Québec.[34]

Laker vessel G3 Marquis at the G3 Hamilton, Ontario port terminal. G3 Hamilton opened in 2017.

In 2020 the company opened G3 Terminal Vancouver,[35][36] a new grain export terminal 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.[37][38][39][40][41][42][43]

References
  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. Reidy, Susan (December 12, 2019). "G3 plans two new grain elevators in Canada". World Grain.
  29. Vossler, Glenda-Lee (December 12, 2019). "G3 Canada expanding their operation in the Prairies". Swift Current Online.
  30. "Leader". Grain Elevators of Canada.
  31. "Prairie Sentinals Plenty Saskatchewan". bigdoer.com.
  32. "New agricultural terminal in Hamilton increases diversity". CBC.ca. October 13, 2015.
  33. Palermo, Tony (October 1, 2017). "G3 at Port of Hamilton". Ontario Grain Farmer.
  34. Cross, Brian (June 23, 2017). "G3 expansion continues in eastern corridors". Western Producer.
  35. Richter, Brent (July 10, 2020). "North Vancouver's G3 gain terminal now online". North Shore News.
  36. "G3's Vancouver Terminal Opens on the West Coast". RealAgriculture. July 8, 2020.
  37. Demaree-Sadler, Holly (October 15, 2018). "G3 Terminal Vancouver construction continues". World Grain.
  38. Cross, Brian (February 9, 2018). "Construction continues on G3 grain network". Western Producer.
  39. Blennerhassett, Patrick (April 10, 2018). "Terminal project aimed at unclogging grain supply chain". Business in Vancouver.
  40. Dawson, Allan (November 25, 2016). "A look at G3s proposed new Vancouver grain terminal". Manitoba Cooperator.
  41. Nickel, Rod (January 26, 2018). "G3 Canada grain terminal to open ahead of schedule in 2019". Reuters.
  42. Nyquvest, Tyler (April 26, 2019). "Terminal capacity crunch". Gateway Magazine.
  43. Almeida, Isis; Skerritt, Jen (July 8, 2020). "Canadian trader bets on new terminal to win Asian clients". BNN Bloomberg.
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