CANADA’S 75-YEAR OLD WHEAT MONOPOLY FACES ITS END

BY MJ DESCHAMPS THE CANADIAN federal government is planning to scrap the legal monopoly operated by Canadian Wheat Board (CWB) for grains grown in Manitoba, Saskatchewan, Alberta and parts of British Columbia. The legal requirement that farmers in this area sell wheat and barley to the CWB would disappear on August 1, 2012. "Opening up the market will attract investment, encourage innovation, create value-added jobs and build a stronger economy," said Canadian agriculture minister Gerry Ritz. Wheat is Canada's biggest crop and agricultural export, ...


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