Competition Bureau

Sask. MLAs have a keen eye on the Bunge-Viterra merger

Sask. MLAs have a keen eye on the Bunge-Viterra merger

May 5, 2024 | 11:33pm
As the proposed Bunge-Viterra merger makes it way through the regulatory approval process of the Competition Bureau, it was a featured topic of debate in the Saskatchewan Legislature Thursday. It surfaced in Question Period when NDP Ag Critic Trent Wotherspoon accused the SaskParty government of being silent over the file. Wotherspoon says he asked Agriculture […]
Bunge and Viterra pleased regulatory process is advancing, but feel Competition Bureau’s concerns are “misplaced”

Bunge and Viterra pleased regulatory process is advancing, but feel Competition Bureau’s concerns are “misplaced”

Apr 26, 2024 | 11:57am
Bunge and Viterra is pleased the Competition Bureau of Canada completed its report on the proposed merger between the two grain companies. In a joint statement on Tuesday, the companies acknowledged the Bureau had no concerns regarding competition for grain purchasing in Eastern Canada and most of Western Canada, specifically for port terminal operations, for […]
SaskWheat looking forward to meeting with new Chief Commissioner of CGC

SaskWheat looking forward to meeting with new Chief Commissioner of CGC

Apr 25, 2024 | 3:11pm
The Saskatchewan Wheat Development Commission welcomes the appointment of David Hunt as Chief Commissioner of the Canadian Grain Commission (CGC). Federal Minister of Agriculture and Agri-Food Canada Lawrence MacAulay announced the appointment on Tuesday. “I would like to congratulate David Hunt on his appointment as Chief Commissioner of the Canadian Grain Commission. The CGC plays […]
APAS says Competition Burueau’s concerns over Bunge-Viterra merger echoes its earlier comments

APAS says Competition Burueau’s concerns over Bunge-Viterra merger echoes its earlier comments

Apr 25, 2024 | 9:44am
The Competition Bureau of Canada pointed out the Bunge-Viterra merger would create “substantially” less competition for grain buying in Western Canada, as well as the sale of canola oil in Eastern Canada. It’s something that Ian Boxall, the president of the Agricultural Producers Association of Saskatchewan, said confirms what he and the organization have been […]
The Wheat Growers want to know where members stand on proposed Viterra-Bunge Merger

The Wheat Growers want to know where members stand on proposed Viterra-Bunge Merger

Nov 6, 2023 | 4:22pm
The Western Canadian Wheat Growers Association wants to hear thoughts from members about the proposed merger between Viterra and Bunge. The merger, announced earlier this year, is currently under review from the federal government as well as the Competition Bureau. President of the Wheat Growers Gunter Jochum says the survey – sent to members by email […]

Canada Bread fined $50 million for role in bread price-fixing scheme

Jun 21, 2023 | 1:37pm

Bakery giant Canada Bread Co. has been fined $50 million after pleading guilty to its role in a criminal price-fixing scheme that inflated the wholesale price of bread in Canada for years. It’s the highest price-fixing fine ever imposed by a Canadian court, the Competition Bureau of Canada said Wednesday. The settlement is a significant milestone in the Competition Bureau’s ongoing investigation into alleged bread price-fixing […]

Bunge-Viterra merger has groups raising concerns of possible lack of competition

Jun 14, 2023 | 4:42pm

A day after Bunge Limited and Viterra announced a deal that will see them merge into one agri-business company, reaction has been coming in. Jim Smolik, a stakeholder relations person with Western Canadian Wheat Growers Association, says the deal shows the reality of businesses having to increase in size in order to meet demand. “One […]