The end of the Canadian
Wheat Board monopoly has attracted a new competitor into the Canadian market
for grains and oilseeds.
Olam International of
Singapore is partnering with Lansing Trade Group of Kansas City to launch the
business. Olam is a major food-processing company.
The partners in Lansing
Olam Canada said their complementary strengths provide "a strong platform
to establish a meaningful position in the liberalized western Canadian grains
marketplace."
This is just one example of how regulated marketing, including supply management for dairy and poultry farmers, keeps competitors and innovation out of the marketplace. How many opportunities have Canadians lost? We will probably never know.
