Farmers slam Ottawa for approving Bunge purchase of grain handler Viterra
- Federal Minister of Transport and Internal Trade Anita Anand approved Bunge SA's purchase of Viterra after winning concessions from the company.
- Prairie farmers consider the government's conditions on the US$8.2-billion deal as 'woefully inadequate' despite Bunge's agreement to invest $520 million in Canada.
- The Federal Competition Bureau found that the acquisition could weaken competition, potentially causing grain farmers to lose $770 million in annual revenue.
- Farm groups are urging the government to strengthen conditions to support Canadian grain farmers amid rising costs and falling commodity prices.
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Coverage Details
Total News Sources0
Leaning Left3Leaning Right3Center1Last UpdatedBias Distribution43% Left, 43% Right
Bias Distribution
- 43% of the sources lean Left, 43% of the sources lean Right
43% Right
L 43%
14%
R 43%
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