Grain Financial Protection Board

Ministry

Agriculture, Food and Agribusiness

URL

http://www.omafra.gov.on.ca/english/open/gfpb.html

Address

AGRICORP, 1ST FLR NE, 1 STONE RD W, PO BOX 3660 STN CENTRAL
GUELPH
N1H8M4

Phone

1-888-247-4999 / 1-877-275-1380

Fax

519-826-4118

Background

Farm Products Payments Act, RSO 1990, C. F.10, S. 2 (opens a new window)

REG. 70/12, S. 4 (opens a new window)

Function

The Board collects fees, administers compensation funds and approves claims made against the Funds. The Funds were set up under the Grain Financial Protection Program to protect producers of grain corn, soybeans, wheat and canola in the event of defaults on payment by licensed buyers.

Membership

The Minister appoints not fewer than five members and may designate one of the members as chair and another as vice-chair.

Qualifications

Candidates should have expert knowledge of the grain industry in Ontario, including working knowledge of grain trading in Ontario / North America. Financial, board governance and risk management experience are considered assets.

Term

Members are appointed for a term of up to 3 years and are eligible for reappointment.

Meetings

The board meets two or three times a year, depending on the number of claims.

Remuneration

Appointees are remunerated according to Schedule A, Level 2 of the Agencies and Appointments Directive.

Appointments & Vacancies