The Canadian Wheat Board (French: Commission canadienne du blé) is a marketing board for wheat and barley in Western Canada. Established by the Parliament of Canada on July 5, 1935, its operation was governed by the Canadian Wheat Board Act as a mandatory producer marketing system for wheat and barley in Alberta, Saskatchewan, Manitoba and a small part of British Columbia. It was illegal for any farmer in areas under the CWB's jurisdiction to sell their wheat and barley through any other channel than the CWB. Although often called a monopoly, it was actually a monopsony since it was the only buyer of wheat and barley.
Amid criticism, the Canadian Wheat Board's monopsony officially ended on August 1, 2012 as a result of Bill C-18, which was tabled by the Harper Government and passed in December 2011. The CWB continues to operate as a voluntary marketing organization.
Read more about Canadian Wheat Board: Staff, First Wheat Boards, Interregnum, Revival, Operation, Support For The CWB, Challenges and Successes, Criticism
Famous quotes containing the words canadian, wheat and/or board:
“We’re definite in Nova Scotia—’bout things like ships ... and fish, the best in the world.”
—John Rhodes Sturdy, Canadian screenwriter. Richard Rossen. Joyce Cartwright (Ella Raines)
“[Tobacco] is a culture productive of infinite wretchedness.... The cultivation of wheat is the reverse in every circumstance.”
—Thomas Jefferson (1743–1826)
“Watteau is no less an artist for having painted a fascia board while Sainsbury’s is no less effective a business for producing advertisements which entertain and educate instead of condescending and exploiting.”
—Stephen Bayley (b. 1951)