GFM Network News

G3’s lake terminal at Hamilton, Ont. (

G3 has a new CEO

There’s been a change at the top of Canada’s newest major grain company. G3 Canada’s CEO Karl Gerrand left the grain company Tuesday and has been replaced by Don Chapman, the Manitoba Co-operator has learned. G3 in 2015 purchased 50.1 per cent of the Canadian Wheat Board from the federal government and brought in Gerrand, […] Read more

A rendering of G3’s proposed grain terminal and loop track for Port Metro Vancouver. (

Larger elevators, smaller rail cars seen in grain’s future

Winnipeg | CNS Canada –– Heading into the future, elevators will be more efficient and trains will carry more grain, according to industry professionals at the Grain World conference in Winnipeg. “I think there’s a real shift happening from low efficiency to the higher-efficiency facilities,” Karl Gerrand, CEO of G3, said Wednesday during the What […] Read more

G3’s Karl Gerrand, CWB CEO Ian White, Agriculture Minister Gerry Ritz and CWB chief strategy officer Dayna Spiring (from left) announce G3’s $250 million plan to take a majority stake in CWB. (Dave Bedard photo)

Bunge, Saudi Arabia to buy control of CWB

Agribusiness giant Bunge and the Saudi Arabian government’s ag investment arm are the joint “successful acquirer” of the former Canadian Wheat Board. Bunge Canada and SALIC Canada, an arm of the Saudi Agricultural and Livestock Investment Co., on Wednesday announced their new Winnipeg-based joint venture, G3 Global Grain Group, will pay $250 million to CWB […] Read more