![]() The move follows the federal government’s decision to tax income trusts starting in June 2007. The company in April reached a deal to assume the tax losses of a defunct Toronto-based dimaond mining company, Benachee Resources, to take on the mining firm’s corporate status. states and overseas.Īg Growth’s Canadian holdings include grain auger makers Westfield and Wheatheart conveyor belt maker Batco grain bin manufacturer Twister Pipe and the Edwards Group, a grain dryer company. ![]() The company’s businesses include portable and stationary grain handling, storage and conditioning equipment such as augers, belt conveyors, grain storage bins, grain handling accessories and grain aeration equipment, distributed through about 1,400 dealers in nine provinces, 48 U.S. Trustees and management of the fund are the Ag Growth International board and management, the company said. The Ontario Superior Court of Justice that day also granted the final order required for the conversion.Īg Growth Income Fund’s units will continue trading until about Monday, June 8, when the new corporation’s common shares begin trading on the TSX under the symbol “AFN.”Įffective on the closing of the conversion, Ag Growth International now directly and indirectly owns and operates the businesses of the income fund and its subsidiaries. The Winnipeg-based firm said Wednesday that trust unitholders meeting that day voted 96 per cent in favour of the conversion. Traded on the Toronto Stock Exchange as AFN. 1. (“AGI”, the "Company", "we", "our" or "us") for the year ended December 31, 2020.Grain handling equipment maker Ag Growth has wrapped up its conversion from an income trust to a publicly traded corporation under a new handle: “Ag Growth International Inc.” AGI (Ag Growth International) a leading provider of equipment and solutions for agriculture bulk commodities. Justice Spence of the Ontario Superior Court of Justice. (collectively the Applicants or the Companies) made an application under the Companies’ Creditors Arrangement Act (the CCAA) and an initial order (the Initial Order) was granted by the Honourable Mr. MANAGEMENT’S DISCUSSION AND ANALYSIS Dated: This Management’s Discussion and Analysis (“MD&A”) should be read in conjunction with the audited consolidated comparative financial statements and accompanying notes of Ag Growth International Inc. On January 16, 2008, the Tahera Diamond Corporation and its wholly owned subsidiary Benachee Resources Inc. ![]() May 2021ĪGI MDA & FS 2021 Q1 (pdf) AG GROWTH INTERNATIONAL INC. ![]() (""AGI"", the ""Company"", ""we"", ""our"" or ""us"") for the year ended December 31, 2020, the Management's Discussion and Analysis. August 2021ĪGI MDA & FS 2021 Q2 (pdf) "This Management's Discussion and Analysis (""MD&A"") should be read in conjunction with the audited consolidated comparative financial statements and accompanying notes of Ag Growth International Inc. (“AGI”, the "Company", "we", "our" or "us") for the year ended December 31, 2020, the Management’s Discussion and Analysis (the “Annual MD&A”) of the Company for the year ended Decem. November 2021ĪGI MDA FS Q3 2021 (pdf) This Management’s Discussion and Analysis (“MD&A”) should be read in conjunction with the audited consolidated comparative financial statements and accompanying notes of Ag Growth International Inc. Results are reported in Canadian dollars unless otherwise stated. Benachee then changed its name to 'Ag Growth International Inc. (“AGI”, the "Company", "we", "our" or "us") for the year ended December 31, 2021. Ag Growth recorded its acquisition of Benachee as an acquisition of assets. March 2022ĪGI MDA FS Q4 2021 (pdf) This Management’s Discussion and Analysis (“MD&A”) should be read in conjunction with the audited consolidated comparative financial statements and accompanying notes of Ag Growth International Inc. AGI has assembled a group bringing together an internal team with partners including government agencies, suppliers, and customers. Of equal importance in the development of the landscape are the natural resources found within those areas often termed waste by the Improvers. 2021 Annual Report (pdf) Before discussing our 2021 results and progress in more depth, I’d like to begin by reiterating that across AGI we are committed to supporting Ukraine and playing an active role in addressing the growing humanitarian crisis.
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