Canadian Wheat Board performance

.

To the editor,

Ed White (Politics monopolizes single desk issue, The Westerner producer July 14), among others, has complained that a convincing business case has never been made in favour of the Canadian Wheat Board’s single desk. The vest is the business case is so simple, compelling and routine that newspaper pundits seldom report it.

The CWB’s audited statements show that more than 98 per cent f sales revenue is passed back to the farmers. private corporations, with their requirements to pay off banks, investors and risk managers, cannot come close to this performance.

The CWB’s sale premiums have been tested and proven in 14 international trade tribunals. These tribunals are held under oath with both the CWB and its opponents being required to provide complete sales records.

Every one of these exhaustive investigations by the United States has shown that the CWB gets premium prices for Canadian grain when compared to the private trade.

This quote from the 1999 U.S. Department of Commerce investigation referring to the CWB and barley prices say it all: “The Canadian  domestic price was actually higher in portions of the Period of Investigation (POI) and after the POI.”

The evidence on the business case is clear, yet we have seen 20 years of howling by the private trade to get rid of the CWB’s single desk. Why is their howling still news while the iron-clad business case for the CWB seldom rates any coverage?

Ken Larsen,

Benalto, AB

Just Posted

Wm. E. Hay hands out awards

High School students honoured

Clearview Public Schools requesting modular classrooms for Gus Wetter School

School’s capacity decreased to 305 students from 358

Darrell Paulovich remembered after accident claims his life

A tragic accident claimed the life of a rodeo advocate over the weekend

VIDEO: First legal cannabis purchases as midnight strikes in eastern Canada

Newfoundland and Labrador was the first province to kick off the sale of cannabis, just after midnight local time

U.S. pot firm urges Trump to deny Canadian producers ‘competitive advantage’

The challenge for U.S. firms lies in the fact that while recreational cannabis is legal in nine states and medicinal pot in 22 others, it remains illegal under federal law

How rules for inmate segregation in Canada will change under Bill C-83

Federal government proposing changes to rules around inmates in federal correctional institutions

Canada Post union issues strike notice; rotating strikes could begin Monday

Union says rotating strikes will begin if agreements aren’t reached with bargaining units

Killer-rapist Paul Bernardo set for parole bid after 25 years in prison

Bernardo’s parole hearing at the Bath Institution is expected to attract numerous observers

Defence cautions against mob justice in Calgary child neglect trial

Jennifer and Jeromie Clark of Calgary have pleaded not guilty to criminal negligence causing death

Feds eyeing options to expedite pardons for minor pot convictions

Internal discussions have focused on an application-based process for speeding up pot pardons

U.S. pot firms urge Trump to dominate North American marijuana industry

Cannabis producers claim the U.S. is “rapidly losing” its competitive advantage to Canada

Federal government tables bill to transform prisoner segregation

Administrative and disciplinary segregation will be eliminated by Ottawa

Most Read