A Regina law firm has launched a $15.4 billion class action against Ottawa, saying farmers would be owed that much once the assets of the Canadian Wheat Board are dismantled.
“The CWB’s assets include $100 million in cash, 3,402 hopper cars, lake freighters, an office building and intangible assets that experts have valued,” said lawyer Tony Merchant. “Despite passage of Bill C-18, there is no plan proposed by the federal government regarding compensating farmers for divesting of the substantial assets held by the farmer-owned CWB.”
The case, which is not yet certified, does not focus on whether dismantling the board is or isn’t a good idea.
Class action lawsuit launched over the CWB assets
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