Saskatchewan farmers will receive over 11 million dollars in compensation for unpaid grain deliveries last year to Ilta Grain. Remi Gosselin at the Canadian Grain Commission says all 222 eligible claims will be paid in full. He says those claims total over 11 million dollars. However, Gosselin says 49 claims totalling 1.5 million dollars will […]
Regina-based Viterra has reached an agreement to purchase the assets of Ilta Grain’s processing facility west of the Queen city at Belle Plaine. Purchase price was not disclosed. The purchase is subject to usual closing conditions, including court approval at a hearing set for Friday. Ilta filed for creditor protection last month. Viterra President Kyle […]
Some Saskatchewan canary seed producers with unpaid deliveries to ILTA grain are facing substantial losses. ILTA Grain filed for creditor protection earlier this month, and its Grain Commission licenses were suspended at sites like Belle Plaine and Saskatoon. Most crops are covered under the Grain Commission bonding program, but canary seed is not. The executive […]
The Canadian Grain Commission has suspended the licenses of ILTA Grain, effective July 11th. ILTA was granted creditor protection by a BC court earlier this week. That creditor protection order is in effect until August 7th, unless an extension is granted. The pulse crop processor and exporter had been bonded by the Grain Commission […]
