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Cigi, Cereals Canada Moving Closer Towards Amalgamation

The Canadian International Grains Institute (Cigi) and Cereals Canada are moving closer towards becoming an amalgamated organization.
 
Cereals Canada President Cam Dahl had an update on the process.
 
"There's been significant work on developing what governance might look like and what the by-laws might look like," he explained. "We're at a point now where those draft documents will be taken to members of both organizations for approval. We're looking at those votes to be happening in mid-April. If that's approved then the amalgamation itself is a go and we'll move ahead."
 
Dahl says merger talks have been going on for about four years.
 
He notes while there would be some cost savings involved, that was not the main reason behind the move.
 
"The principle drivers really are that improving in collaboration along the value chain, improvements in the effectiveness of the organization, and just doing a better job of supporting the industry and supporting our customers."
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