Canada to End Wheat Board Monopoly


WINNIPEG — The hotly debated fate of the Canadian Wheat Board (CWB) is at the mercy of the Canadian government, which has put forward legislation to dismantle Western Canada’s grain marketing monopoly.

The removal of the monopoly will allow farmers to sell their grain directly to grain handlers, instead of marketing their crop solely through the CWB.

The legislation should receive approval by late 2011 or early 2012, and the Board has five years to implement a business plan to survive in an open market.

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