Alberta-based grain and pulse crop buyer W.A. Grain & Pulse Solutions entered receivership as of April 26, 2021, reports Real Agriculture.
As part of its producer payment security program, the Canadian Grain Commission (CGC) suspended the company’s grain dealer license, as well as the licenses for its five Western Canadian facilities.
On April 26, a judge with the Alberta Court of Queen’s Bench granted a receivership order for W.A. Grain, appointing BDO Canada to serve as Receiver for all the assets of W.A. Grain Holdings Inc.
The CGC, meanwhile, has once again issued a grain dealer license and five primary elevator licenses to W.A. Grain with conditions.
About W.A. Grain
With its head office at Innisfail, Alta., W.A. Grain owns handling and processing facilities at Bashaw and Bowden, AB, as well as at Pambrun, Ponteix, and Vanguard in southwest Saskatchewan. The company also operates a processing plant at Slemon Park, Prince Edward Island.