Recently we developed a new product with The Guarantee Company of North America (GCNA) that provides 100% indemnity on the payables for Companies licensed with the Canadian Grain Commission (CGC).  This new product may enable Licensees to reduce the expense associated with posting their security and will unlock working capital by using this new payables insurance product as a substitute to  letters of credit to post security.   We wish to thank the CGC and GCNA for their time and effort in helping us design and develop this new product and we look forward to introducing this new form of security to the Licensees.

Are you a CGC Licensee? Then click here to see the letter from our President John Middleton or click here for the application form.

UPDATE: Check out the article in The Western Producer click here.