Eligible producers who made deliveries to W.A. Grain & Pulse Solutions and were not paid will receive some compensation.
The Canadian Grain Commission suspended the company's grain dealer licence and five primary elevator licences on April 20, 2021, six days later they entered into receivership.
The CGC says eligible producers who were not paid for grain delivered to W.A. Grain & Pulse Solutions will receive an average of 80% compensation for eligible claims.
The funding comes through the CGC's Safeguards for Grain Farmers Program.
In addition to realizing on the security held by the company, the Canadian Grain Commission obtained payment for producers who held primary elevator receipts through sale of the company’s grain inventory, and also through the Bankruptcy and Insolvency Act.
A total of 126 producers with eligible claims will receive total compensation of approximately $5.6 million for unpaid deliveries.
W.A. Grain & Pulse Solutions had operations in Vanguard, Pambrun and Ponteix , Saskatchewan; as well as in Bowden and Bashaw, Alberta.
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