The CCPA Study of Bill C-13

[wilagro]

Parsley; An imp for sure.

Anyway, I believe in government inspection versus private inspection. Business has been in trouble here and in the States with "company" oriewnted inspectors.

[parsley]

I can respect your ideology, wil. What you believe in. At least you have one. and vote. And at least you care. Pars

[classicalliberal]

No other business has a government organization that forces companies to keep a line of credit for their accounts payables which is a huge expenses, especially when commodity prices are high and accounts receivables for most companies, unless you buy credit default swaps or have export insurance like Export Development Canada which will pay out 90% of receivables but it costs you a certain percent of the receivable.

The current grain situation in Canada has a lot of barriers to entry such as the bonding system which reduces the competition available in the market. Don't complain that there isn't enough competition when you want things like the CGC to have excessive bonding and grading requirements because we are likely paying for it already.

Also, only grain elevators, dealers, processors and terminals have to post bond, what about the many other people that buy grain such as feed mills, feed lots who buy grain? They don't have to be bonded and thus it is a double standard. They don't have to post bond while everyone else does, that is not fair.

I suggest that farmers learn how to manage their credit exposure like every other business in the world does and don't do business with any fly-by-night company.