September 2, 2016

On August 29, 2016, a package was mailed from Alliance Trust to farmers who may be eligible for Trust Units based on deliveries to G3 Canada Limited or the former CWB between August 1, 2013 and December 31, 2015, containing information about the G3 Farmers Equity Plan and the Farmers Equity Trust. In this package, farmers received an Eligibility Certificate, which must be completed and returned to the address noted on the form. Farmers confirmed as eligible will then be allocated Trust Units.  They also received an informational brochure about the G3 Farmers Equity Plan, a report to unitholders from the Trust, and a legal disclosure document.

This Eligibility Certificate need only be filled out once. Customers of G3 from Jan. 1, 2016 forward who have not received this package in the mail may obtain their Eligibility Certificate from their local G3 elevator, or online at

Questions regarding this package?

Contact Alliance Trust at or (403) 237-6111.

Questions regarding the Farmers Equity Trust?

Contact the Farmers Equity Trust.

Questions on how to earn Trust Units through the G3 Farmers Equity Plan?

Contact your local G3 elevator, or G3’s head office (, 1-800-275-4292).


Information Update

October 14, 2015

The Independent Trustees of the Farmers Equity Trust (originally established as the CWB Farmers Equity Trust) will be comprised of three Canadian business leaders. The trustees are responsible for overseeing the equity position in G3 Canada Limited held on behalf of farmers, and stewarding the Declaration of Trust. 

The trustees are: Kevin Augusta, former Director, Commercial Banking with CIBC; David Carefoot, Chief Financial Officer at Princess Auto Ltd. and former director of the CWB; and Kim McConnell, founder and former CEO of AdFarm.

The Farmers Equity Trust (Trust) holds a minority equity position in G3 Canada Limited, with the majority stake held by G3 Global Grain Group. G3 Global Grain Group is a joint venture between Bunge Canada (Bunge) and SALIC Canada Ltd., a wholly owned subsidiary of Saudi Agricultural and Livestock Investment Company (SALIC).  Karl Gerrand, CEO of G3 Canada Limited has been appointed to serve as an advisory trustee, a role without voting privileges.

The primary purpose of the Trust is to own the 499,900 Class B shares in G3 Canada Limited which were issued to the Trust at the close of G3 Global Grain Group’s investment transaction in CWB on July 31, 2015. The Trust will oversee the allocation and the issuing of Trust Units to farmers who sold grain to the CWB/G3 Canada Limited since August 1, 2013.  As outlined in the Farmer Equity Plan, Trust Units will continue to be issued until the Trust’s equity position is fully allocated, or the Trust’s shares are sold as outlined in the Declaration of Trust and the shareholders’ agreement of G3 Canada Limited.

The value of these shares and this equity position reflects the adjusted closing amount of G3 Global Grain Group’s investment on July 31, 2015. The Trust also received $10 million (pre-tax) to be used for operations over the lifetime of its existence.

The Trust enables farmers to share in any future growth of G3 Canada Limited proportional to the Trust’s equity position. More details on how farmers can earn units through the G3 Farmers Equity Plan can be found at


Kevin Augusta is a former Director, Commercial Banking with CIBC.  Over his 38-year banking career, Kevin played a lead role in banking many of Canada’s leading grain companies.  He is a past-President of the Manitoba Club and active in the Winnipeg community.

David Carefoot is the Chief Financial Officer at Princess Auto Ltd.  A chartered professional accountant and a chartered business valuator, David has held CFO and senior leadership positions with Agricore United, Viterra and Ducks Unlimited.  David was also a Director of the Canadian Wheat Board from May 2008 to July 2015.

Kim McConnell was the founder and former CEO of AdFarm, one of the largest agricultural marketing communications firms in North America.  Kim is a director on a number of corporate boards and foundations, and the recipient of many national business awards. In 2012 he was inducted into the Canadian Agricultural Hall of Fame.