G3 Canada
{{Short description|Canadian grain handling company}}
G3 is a Canadian grain company headquartered in Winnipeg, Manitoba. It consists of two operating companies:
- G3 Canada Limited operates a network of grain elevators in western Canada and port terminals in eastern Canada. G3 purchases grains and oilseeds from farmers, who deliver the crops to G3 facilities by truck. The commodities are transferred to trains and/or ships and shipped to customers around the world. The company owns the Great Lakes bulk carrier vessel G3 Marquis.
- G3 Terminal Vancouver, a grain export terminal at the Port of Vancouver which opened in 2020.{{Cite web |date=2020-07-16 |title=G3 opens next-generation grain terminal in B.C. - constructconnect.com |url=https://canada.constructconnect.com/joc/news/infrastructure/2020/07/g3-opens-next-generation-grain-terminal-in-b-c |access-date=2023-01-23 |website=Journal Of Commerce |language=en-US}}
History
G3 Canada Limited was created in 2015, when G3 Global Grain Group (a joint venture of US agribusiness Bunge and Saudi agricultural investment firm SALIC) purchased a majority interest in the Canadian Wheat Board and combined it with the grain assets of Bunge Canada.{{Cite news|url=https://www.cbc.ca/news/canada/saskatchewan/ottawa-closes-sale-of-canadian-wheat-board-name-changes-to-g3-canada-ltd-1.3175983|title=Ottawa closes sale of Canadian Wheat Board, name changes to G3|date=July 31, 2015|work=CBC/Canadian Press}}{{cite web|url=https://ca.reuters.com/article/businessNews/idCAKCN0Q51R920150731|archive-url=https://web.archive.org/web/20190412220426/https://ca.reuters.com/article/businessNews/idCAKCN0Q51R920150731|url-status=dead|archive-date=April 12, 2019|title=Investor takes over grain handler CWB, renames it G3 Canada|agency=Reuters|website=Reuters}}{{Cite news|url=https://www.realagriculture.com/2015/04/g3-bunge-salic-canada-buys-cwb/|title=G3 Global Grain Group (Bunge & SALIC) takes on major ownership of CWB - updated|date=April 15, 2015|work=Real Agriculture}}{{Cite news|url=https://www.cbc.ca/news/politics/investor-g3-global-grain-group-to-take-over-wheat-board-1.3033665|title=Investor G3 Global Grain Group to take over wheat board|last=McGregor|first=Janyce|date=April 15, 2015|work=CBC.ca}}{{Cite news|url=https://business.financialpost.com/transportation/a-rich-harvest-how-the-canadian-wheat-boards-demise-unleashed-a-grain-bonanza|title=How the Canadian Wheat Board's demise unleashed a grain bonanza|last=Owram|first=Kristine|date=October 27, 2016|work=Financial Post}}{{Cite news|url=https://www.cbc.ca/news/canada/manitoba/manitoba-cwb-class-action-lawsuit-1.4085504|title=Manitoba farmer names federal government, company that acquired wheat board in $160m lawsuit|last=Laychuk|first=Riley|date=April 27, 2017|work=CBC.ca}} The other shareholder in G3 Canada Limited is the Farmers Equity Trust, which owns the Class B shares in the company.{{Cite news|url=https://www.manitobacooperator.ca/news-opinion/news/g3-canadas-farmer-equity-plan/|title=G3 Canada's Farmer Equity Plan|last=Dawson|first=Allan|date=October 23, 2015|work=Western Producer}}{{Cite news|url=https://www.manitobacooperator.ca/editorial/the-farmers-trust/|title=The Farmers Equity Trust|last=Rance|first=Laura|date=April 27, 2015|work=Western Producer}}
G3 has built a network of grain handling facilities.{{Cite news|url=https://www.bloomberg.com/news/articles/2018-02-28/saudi-backed-crop-handler-has-a-workaround-for-canada-s-backlogs|title=Canadian crop trader has a workaround for Canada's grain backlogs|last=Skerritt|first=Jen|date=February 28, 2018|work=Bloomberg}}{{Cite news|url=https://www.grainews.ca/2015/11/30/the-new-g3s-cross-canada-future/|title=The new G3s cross Canada future|last=Wittal|first=Brian|date=November 30, 2015|work=Grainnews}}{{Cite news|url=https://thestarphoenix.com/news/g3-investments-benefit-sask-producers|title=G3 investments benefit Saskatchewan producers|date=October 1, 2015|work=Saskatoon Star Phoenix}}
Grain elevators:
- Bloom, Manitoba,{{Cite news|url=https://www.portageonline.com/local/bloom-elevator-in-operation|title=Bloom elevator in operation|last=Wilgosh|first=Aaron|date=October 7, 2015|work=Portage Online}} and Colonsay, Saskatchewan{{Cite news|url=https://www.discoverhumboldt.com/ag-news/cwb-colonsay-terminal-ready-for-2015-harvest|title=CWB Colonsay terminal ready for 2015 harvest|last=Quoroni|first=Ronald|date=August 21, 2015|work=Discover Humboldt}} opened in 2015.
- Glenlea, Manitoba,{{Cite news|url=https://www.pembinavalleyonline.com/ag-news/g3-holds-grand-opening-for-new-glenlea-elevator|title=G3 holds grand opening for new Glenlea elevator|last=Knutt|first=Cory|date=October 6, 2016|work=Pembina Valley Online}}{{Cite web|url=https://www.realagriculture.com/2015/05/made-close-look-construction-modern-grain-elevator/|title=How an elevator is made: a close up look at the construction of a modern grain terminal|date=May 15, 2015|website=Real Agriculture}} and Pasqua, Saskatchewan{{Cite news|url=https://www.realagriculture.com/2016/06/g3-officially-opens-two-more-elevators/|title=G3 officially opens two more elevators|date=June 10, 2016|work=Real Agriculture}} opened in 2016.
- Melville and Saskatoon, Saskatchewan{{Cite news|url=https://www.realagriculture.com/2017/03/g3-plans-two-new-elevators-in-saskatchewan/|title=G3 plans two new elevators in Saskatchewan|date=March 28, 2017|work=Real Agriculture}}{{cite web|url=https://www.world-grain.com/articles/10839-g3-canada-celebrates-elevator-grand-openings|title=G3 celebrates new elevator openings|last=Schroeder|first=Eric|date=August 16, 2018|website=World Grain}} opened in 2018.
- Maidstone, Saskatchewan{{Cite news|url=https://www.newsoptimist.ca/news/northwest-region/maidstone-getting-new-primary-elevator-1.23208690|title=Maidstone getting new primary elevator|date=March 22, 2018|work=Battlefords News-Optimist}} opened in 2019.
- Wetaskiwin,{{Cite news|url=https://www.albertafarmexpress.ca/2018/04/09/new-42000-tonne-grain-terminal-marks-g3s-first-foray-into-alberta/|title=New 42,000 tonne elevator marks G3s first foray into Alberta|last=Blair|first=Jennifer|date=April 9, 2018|work=Alberta Farm Express}}{{Cite news|url=https://www.pipestoneflyer.ca/news/county-of-wetaskiwin-hears-update-on-g3-grain-elevator-project/|title=County of Wetaskiwin hears update on G3 elevator project|last=Salkeld|first=Stu|date=November 22, 2018|work=Pipestone Flyer}}{{Cite news|url=https://www.ponokanews.com/news/g3-canada-grain-terminal-coming-along-nicely/|title=G3 Canada grain terminal coming along nicely|last=Salkeld|first=Stu|date=July 9, 2019|work=Ponoka News}} Morinville,{{Cite news|url=https://www.realagriculture.com/2018/12/g3-adds-new-primary-elevator-at-morinville/|title=G3 adds new primary elevator at Morinville|work=Real Agriculture}} Carmangay,{{Cite news|url=https://www.vulcanadvocate.com/news/local-news/g3-proposes-new-grain-terminal-facility-next-to-carmangay|title=G3 proposes new grain terminal facility next to Carmangay|last=Tipper|first=Stephen|date=August 17, 2018|work=Vulcan Advocate}} Irricana, and Stettler County, Alberta{{Cite news|url=https://www.producer.com/2019/03/gc-to-build-two-new-elevators/|title=G3 to build two new elevators|last=Cross|first=Brian|date=March 28, 2019|work=Western Producer}}{{Cite news|url=https://www.grainews.ca/daily/grain-handler-g3-to-further-expand-alberta-footprint|title=Grain handler G3 to further expand Alberta footprint|date=March 28, 2019|work=Grainnews}}{{Cite news|url=https://www.stettlerindependent.com/news/updated-canadian-company-confirms-locations-for-grain-terminals/|title=Canadian company confirms locations for grain terminals|date=March 27, 2019|work=Stettler Independent}} opened in 2020.
- Vermilion, Alberta, and Swift Current, Saskatchewan{{Cite news|url=https://www.world-grain.com/articles/13017-g3-plans-two-new-grain-elevators-in-canada|title=G3 plans two new grain elevators in Canada|last=Reidy|first=Susan|date=December 12, 2019|work=World Grain}}{{Cite news|url=https://www.swiftcurrentonline.com/ag-news/g3-canada-expanding-their-operation-in-the-prairies|title=G3 Canada expanding their operation in the Prairies|last=Vossler|first=Glenda-Lee|date=December 12, 2019|work=Swift Current Online}}{{Cite web|date=2021-06-01|title=G3 Vermilion grain elevator open for business|url=https://www.albertafarmexpress.ca/news/g3-vermilion-grain-elevator-open-for-business/|access-date=2021-10-28|website=Alberta Farmer Express|language=en}} opened in 2021.
- File:G3 Melfort Saskatchewan grain elevator.jpgMelfort, Saskatchewan and Rycroft, Alberta opened in 2023{{Cite web |date=2023-08-14 |title=G3 holds grand opening for new grain elevator near Melfort |url=https://www.sasktoday.ca/north/humboldt-journal/g3-holds-grand-opening-for-new-grain-elevator-near-melfort-7405695 |access-date=2023-09-01 |website=SaskToday.ca |language=en}}{{Cite web |title=G3 officially opens new grain elevator {{!}} World Grain |url=https://www.world-grain.com/articles/18862-g3-officially-opens-new-grain-elevator |access-date=2023-09-01 |website=www.world-grain.com |language=en}}
- G3 also operates grain elevators in Leader,{{Cite web|url=https://www.grainelevators.ca/saskatchewan/leader/|title=Leader|website=Grain Elevators of Canada}} Kindersley, and near Plenty, Saskatchewan{{Cite web|url=http://www.bigdoer.com/23374/exploring-history/prairie-sentinels-plenty-saskatchewan/|title=Prairie Sentinals Plenty Saskatchewan|website=bigdoer.com}}
File:G3 Hamilton.jpgPort terminals:
- G3 built a new grain export terminal at the Port of Hamilton, Ontario, which opened in 2017.{{Cite news|url=https://www.cbc.ca/news/canada/hamilton/headlines/new-agricultural-terminal-in-hamilton-port-increases-diversity-1.3269133|title=New agricultural terminal in Hamilton increases diversity|date=October 13, 2015|work=CBC.ca}}{{Cite web|url=https://ontariograinfarmer.ca/2017/10/01/g3-at-port-of-hamilton/|title=G3 at Port of Hamilton|last=Palermo|first=Tony|date=October 1, 2017|website=Ontario Grain Farmer}}
- The company operates port terminals at the Port of Thunder Bay, Ontario, Trois Rivières and Québec City, Québec.{{Cite news|url=https://www.producer.com/2017/06/g3-expansion-continues-in-eastern-corridors/|title=G3 expansion continues in eastern corridors|last=Cross|first=Brian|date=June 23, 2017|work=Western Producer}}
- File:G3-Aug12.2022-18.jpgIn 2020, the company opened G3 Terminal Vancouver,{{Cite news|last=Richter|first=Brent|date=July 10, 2020|title=North Vancouver's G3 gain terminal now online|work=North Shore News|url=https://www.nsnews.com/news/north-vancouver-s-g3-grain-terminal-now-online-1.24168535}}{{Cite news|date=July 8, 2020|title=G3's Vancouver Terminal Opens on the West Coast|work=RealAgriculture|url=https://www.realagriculture.com/2020/07/g3s-vancouver-terminal-opens-on-the-west-coast/}} a new grain export terminal at the Port of Vancouver in North Vancouver, British Columbia. G3 Terminal Vancouver is a joint venture of G3 Global Holdings and Western Stevedoring Company Limited.{{cite web|url=https://www.world-grain.com/articles/11098-g3-terminal-vancouver-construction-continues|title=G3 Terminal Vancouver construction continues|last=Demaree-Sadler|first=Holly|date=October 15, 2018|website=World Grain}}{{Cite news|url=https://www.producer.com/2018/02/construction-continues-g3-grain-network/|title=Construction continues on G3 grain network|last=Cross|first=Brian|date=February 9, 2018|work=Western Producer}}{{Cite web|url=https://biv.com/article/2018/04/terminal-project-aimed-unclogging-grain-supply-chain|title=Terminal project aimed at unclogging grain supply chain|last=Blennerhassett|first=Patrick|date=April 10, 2018|website=Business in Vancouver}}{{Cite web|url=https://www.manitobacooperator.ca/news-opinion/news/taking-a-look-at-g3s-proposed-new-vancouver-grain-terminal/|title=A look at G3s proposed new Vancouver grain terminal|last=Dawson|first=Allan|date=November 25, 2016|website=Manitoba Cooperator}}{{Cite news|url=https://ca.reuters.com/article/businessNews/idCAKBN1FF2E2-OCABS|archive-url=https://web.archive.org/web/20180309152519/https://ca.reuters.com/article/businessNews/idCAKBN1FF2E2-OCABS|url-status=dead|archive-date=March 9, 2018|title=G3 Canada grain terminal to open ahead of schedule in 2019|last=Nickel|first=Rod|date=January 26, 2018|work=Reuters}}{{Cite news|url=https://biv.com/article/2019/04/gateway-magazine-terminal-capacity-crunch|title=Terminal capacity crunch|last=Nyquvest|first=Tyler|date=April 26, 2019|work=Gateway Magazine}}{{Cite news|last=Almeida|first=Isis|last2=Skerritt|first2=Jen|date=July 8, 2020|title=Canadian trader bets on new terminal to win Asian clients|work=BNN Bloomberg|url=https://www.bnnbloomberg.ca/canadian-trader-bets-on-new-grain-terminal-to-win-asian-clients-1.1462274}}
G3's five port terminals are certified by [https://green-marine.org/ Green Marine], an environmental certification program for North America's marine industry.{{Cite web |title=G3 Canada port terminals earn Green Marine certifications {{!}} World Grain |url=https://www.world-grain.com/articles/17144-g3-canada-port-terminals-earn-green-marine-certifications |access-date=2023-09-01 |website=www.world-grain.com |language=en}}
References
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