Feb. 15 (Bloomberg) -- A farmer group calling itself Friends of the Canadian Wheat Board said today it is filing a federal lawsuit seeking class-action status that aims to reinstate the Wheat Board’s grain-marketing monoply.
The group said in an e-mailed statement that the lawsuit may seek $17 billion in damages incurred from the open-market system. Canada’s Conservative government passed a law in December that will end the Wheat Board’s control over marketing in Western Canada on Aug. 1. The monopoly has been in place since 1943.
The filing couldn’t be immediately confirmed in court records.
--Editors: Steve Stroth, Peter Blumberg
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