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CWB Moving Along With Privatization Plans

Time is ticking away for the CWB, which has until August 1, 2016 to submit their privatization plans to the federal government and then implement them by August 1, 2017.
Gord Flaten, the CWB’s vice president of grain procurement says things are moving along.
"We have talked to a large number of companies and investors worldwide and evaluated their potential investment," he said. "We've evaluated those potential investors on a certain set of criteria and come up with a short list and we're working with those companies."
He says they look at specific criteria when evaluating potential partners such as access to capital and expertise in grain handling.
Flaten wouldn’t confirm how many companies were on the short list but did say they have had about 50 companies express an interest in the CWB.

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