The Assets of CWB?

[sumdumguy]

I take it that the ships, railcars, buildings and other assets value will be returned to farmers who paid for them? What is the asset value?

[oneoff]

Should we expect and accept anything less?

[farmaholic]

No but, how is God's name does it get distributed? Based on tonnes delivered and over what period of time? An accounting nightmare? What about all those times(tongue in cheek) the Government bailed out the pools because initial payments were set to high(oxymoron)?

Sounds like SWP equity losses and devaluation all over again. Merchant Law class action?

[Hopalong]

Another example of not thinking things through.
Even then impossible to foresee all consequence.
My vote was to give it a quick death and bury it but too many thought we should keep it.
Still have original thought.

[bgmb]

Why not allocate shares based on grain delivered over the last 10 years? That to me would make the most sense

[oneoff]

I stand to be corrected; but just believe there were very few bailouts from the federal treasury.


On the other hand one could argue the CWB was used often used in attempting substantial trade stimulants and used as political instruments by that same government. Those interferences might have been very costly to producers.

[farmaholic]

Re: My last post--full sarcasm intended!!

Couldn't agree more oneoff...

[fjlip]

Per permit book equal shares, so I get more! Good luck seeing any $$, been pissed away for decades.

[bucket]

It seems that the conservatives got rid of the cwb because they figured farmers were getting ripped off. And we were. But now to say we have been paid in full seems a little hypocritical. ?

[TOM4CWB]

The taxpayer of Canada has paid the price to get out of the single desk. The recent court ruling should clearly define that no grain grower past or present has any interest in the CWB. It is clearly owned by the Gov of Canada.