As a requirement of the Canada Grain Act, licensed primary and process elevators and grain dealers must provide security to the Canadian Grain Commission. This security is used to compensate producers in the event they are not paid for the grain they deliver to the licensed company.
Unlicensed grain companies are either exempted from licensing, outside the jurisdiction of the Canada Grain Act, or in violation of the Act. Unlicensed grain companies do not provide security, and none of the protections of the Act apply, including payment protection.
Only deliveries to a licensed primary elevator are eligible for a Final Quality Determination from the Canadian Grain Commission.
To see a complete list of companies licensed by the Canadian Grain Commission, click here.
For more information contact our Markets team.