GFM Network News


Grain Commission suspends ILTA Grain’s licenses

Farmers owed money for grain delivered to ILTA Grain Inc. should call the Canadian Grain Commission (CGC). The CGC on Thursday suspended the Surrey, B.C.-based company’s grain dealer’s license and its primary grain elevator licenses for elevators at Belle Plaine and Saskatoon, Sask., Remi Gosselin, the CGC’s manager of corporate information services, said in an […] Read more

Pulse exporter ILTA Grain under creditor protection

Corrected, July 11 — MarketsFarm — B.C.- based pulse exporter ILTA Grain, which operates pulse handling and processing facilities in Saskatchewan, has been granted creditor protection by that province’s Supreme Court. “The decision to file for (Companies’ Creditors Arrangement Act protection) was made after careful consideration and in our view, is a necessary step for […] Read more


Quebec veal processors merging

The bulk of Quebec’s veal processing capacity is forming up under one banner as Delimax-Montpak gets set to buy its rival Ecolait out of creditor protection. Delimax-Montpak Group announced Friday it has an agreement in principle to buy St-Hyacinthe-based Ecolait for total consideration of $50 million. Delimax-Montpak said Friday the deal “will allow the veal […] Read more

Ont. organic dairy co-op in creditor protection

The co-operative behind one of Canada’s biggest names in organic dairy goods is in creditor protection and aiming to negotiate new terms on the eight figures owing to its creditors and members. Organic Meadow Co-operative announced Monday it had filed for creditor protection “in order to complete a restructuring of its operations.” The company said […] Read more