On Tuesday, the Canadian Grain Commission revoked the grain dealer licence of LSM Grain Ltd. in Saskatoon.
Grain farmers in Saskatchewan, Manitoba and Alberta may be owed money by this company for grain deliveries.
According to the company's website they handle Organic and Conventional cereals, pulses and oilseeds.
Grain farmers who may be affected could be eligible for compensation through the CGC's Safeguards for Grain Farmers Program.
Under the program when a licensed grain company fails to pay grain farmers, the company security is used to pay eligible producer claims.
If you do business with this company on or after July 23, 2024, you will not be protected by security under the Canada Grain Act.
Any Canadian grain farmers who are owed money by LSM Grain Ltd. should contact the Canadian Grain Commission immediately by emailing compliance-conformite@grainscanada.gc.ca or by calling 1-800-853-6705 or 204-984-0506.
Click here to see more...