GFM Network News


Grain World: AGT books eventful 2019

Saskatoon | MarketsFarm — This year has been a watershed year for AGT Food and Ingredients, the company’s CEO Murad Al-Katib told the Grain World conference in Saskatoon. AGT was delisted from the TSX earlier in 2019, as Al-Katib moved to take the company private after 12 years of being publicly traded. Its new ownership […] Read more



Churchill shipping resumes but grain still on back burner

MarketsFarm — The first cargo ship in two years left the northern Manitoba port of Churchill on Wednesday, moving supplies to communities in Nunavut. Rehabilitation efforts at North America’s only deep-water Arctic port are still underway, but there are expectations business through the facility will eventually include grain as well. OmniTrax, the previous owner of […] Read more

Ottawa budgets $117 million to reconnect Churchill

The federal government’s latest commitment to restore and maintain rail service from the eastern Prairies up to Hudson Bay will involve $117 million over the next 10 years. Ottawa’s pledge follows the Aug. 31 announcement of a deal for a private/public partnership group to buy the Hudson Bay Railway line, which has been closed since […] Read more


Grain firms warn of competitive fairness on Churchill assistance

CNS Canada — The Western Grain Elevator Association (WGEA) wants assurances that any government incentives used to upgrade the rail line to Churchill, Man., and the port there are not used to support competing businesses. Wade Sobkowich, executive director of the WGEA, said the organization’s membership of major grain-handling companies are concerned their competitors could […] Read more



Hudson Bay rail line repairs to start ‘immediately’

Off-and-on talks toward a new ownership group for the Hudson Bay Railway have produced a deal, which it’s hoped will lead to the line’s repair before this winter, federal officials announced Friday. Federal Trade Diversification Minister Jim Carr and Northern Affairs Minister Dominic LeBlanc announced the Arctic Gateway Group Limited Partnership has bought the Hudson […] Read more

Proposed deal ‘fallen apart’ for Hudson Bay Railway

An acquisition deal-in-principle for northern Manitoba’s Hudson Bay Railway appears to have collapsed and the line’s current owners warn the railway may now be down for yet another shipping season. Hudson Bay Railway (HBR), a subsidiary of Colorado-based shortline operator OnmiTrax, announced Tuesday “it now appears that this transaction has fallen apart.” The proposed sale […] Read more


Transport agency orders Hudson Bay Railway to start repairs

The Canadian Transportation Agency has ordered the current owners of the Hudson Bay Railway to get repair work underway by July 3 at the latest. The CTA — the quasi-judicial tribunal and regulator for the Canadian transport sector — on Wednesday granted a request filed by an unnamed representative of Manitoba’s provincial opposition New Democrats […] Read more