The Canadian Wheat Board Overview
Company Details
CWB is the largest wheat and barley marketer in the world. One of Canada's biggest exporters, the Winnipeg-based organization sells grain to over 70 countries.
CWB has a direct, unconditional and irrevocable guarantee on its debt from the Government of Canada. Although payment of principal and interest on such indebtedness is in practice made directly by CWB out of grain sale proceeds, all borrowings of CWB are unconditionally and irrevocably guaranteed by the Government of Canada. Any amount required to be paid pursuant to the guarantee is payable out of, and constitutes a charge on, the Consolidated Revenue Fund of Canada, the aggregate of all public monies.
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