Chronology of Events:

 

1880s and 1890s:

Farmer’s Union and Patrons of Industry pass out of existence because of financial losses and use of the organizations for political purposes.

1887

Winnipeg Grain Exchange formed.

680 acre experimental farm established at Indian Head, SK.

1897

Crow's Nest Pass Agreement establishes fixed rates for movement of grain on the prairies.

1900

Manitoba Grain Act passed.
North-West Grain Dealers’ Association formed.

1901 / 1902

Territorial Grain Growers’ Association (TGGA) formed.
Farmers win landmark case at Sintaluta.

1903

Winnipeg Grain Exchange begins trading on the futures market.

1905

Formation of the Province of Saskatchewan.
TGGA renamed Saskatchewan Grain Growers’ Association (SGGA).

1906

Grain Growers’ Grain Company formed; shortly thereafter is kicked out of Winnipeg Grain Exchange for paying dividends to members.

1908

SGGA incorporated by Act of Saskatchewan Legislature.

1910

Saskatchewan government appoints Grain Commission Inquiry.

1911

Under statute and financial assistance of the Saskatchewan government, the Saskatchewan Co-operative Elevator Company (SCECo) is founded.

First SK Association of Homemakers' Club formed in Regina.

1912

The Canadian Grain Act passed by federal government, establishing the Board of Grain Commissioners for Canada to arbitrate disputes in the grain industry.

University of Saskatchewan establishes its College of Agriculture.

1913

Alberta Farmer’s Co-operative Elevator Company founded.
Women’s Section of SGGA formed.

1914

Trading Department of the SGGA formed.

1916

First grain terminal established in Vancouver.

Women receive the right to vote in Saskatchewan.

1917

Grain Growers’ Grain Company and Alberta Farmer’s Co-operative Elevator Company merge to form United Grain Growers’ Ltd.

Saskatchewan Co-operative Creameries Ltd. and Saskatchewan Municipal Hail Insurance both formed this year.

1919

Dominion Government established Wheat Board to handle Canadian wheat as a war measure.

1920

Abolition of Wheat Board.

1921

Farmers’ Union of Canada established.

1923

Contract drive in Saskatchewan comes up short of 50% acreage mark.
Alberta forms Pool with 35% acreage.

1924

45,725 Saskatchewan farmers signed delivery contracts, committing 6,333,000 acres to Pool. "Saskatchewan Co-operative Wheat Producers Ltd." is formed.
Manitoba also forms Pool.

The three prairie pools organize and control a single marketing agency: "Canadian Co-operative Wheat Producers Ltd." This body is quickly known as the Central Selling Agency.

1926

Saskatchewan Livestock Co-operative Marketing Association Ltd. organized.
Pool purchases SCECo, acquiring 451 country elevators and 3 terminals.
Pool acquires Regina head office.

1927

Farmers’ Union of Canada and SGGA merge, becoming United Farmers of Canada—Saskatchewan Section (UFC-SS).

1928

Assets and liabilities of UFC-SS Trading Department transferred to Saskatchewan Wholesale Society Ltd.

1929

Overpayment, Stock Market Collapse. Canadian government subsequently bails out the Pools and takes over marketing of unsold wheat inventories.
Saskatchewan Livestock Co-operative Marketing Association Ltd. changes name to Saskatchewan Co-operative Livestock Producers Ltd.

1930


Pool opens the shelves of its library to users.
Large carryover of 1929 crop.

1931

AJ McPhail dies.

Pool acquires Modern Press and takes over publication of the Western Producer, which it had sponsored since 1924.

1935

Establishment of Government Marketing Board.

Prairie Farm Rehabilitation Act passed.

1937

LC Brouillette dies.
JH Wesson becomes Pool President.

1939—1945

World War II.

1942

March-on-Ottawa

1943

Ottawa orders an end to wheat trading on the Winnipeg Grain Exchange, granting the Canadian Wheat Board a monopoly.

1944

Pool merges with financially troubled Saskatchewan Livestock Producers Ltd., name change to Saskatchewan Co-operative Producers Ltd.

Saskatchewan Federated Co-operatives Ltd. formed by the amalgamation of Consumers' Co-operative Refinery Ltd. and the Saskatchewan Co-operative Wholesale Society Ltd.

1946

Farmer’s Strike.

1947

Pool enters into Vegetable Oil Processing.

1949

Pool enters into flour milling business.
UFC-SS restructured and renamed Saskatchewan Farmer’s Union (SFU).
Pool pays back 1929 overpayment loan, with interest.

1953

Pool's formal corporate title becomes "Saskatchewan Wheat Pool."

1957

Saskatchewan's 4-H Clubs established.

1963

Pool enters into Farm Services to supply feed, chemical, seed, etc.
Pool joins Alberta Pool and Federated Co-operatives Ltd. in creating Western Co-operative Fertilizer Ltd.

1969

Saskatchewan farmers build Vancouver Terminal.
Pool shuts down its library program.

1984

Canadian Co-operative Wheat Producers change their name to Prairie Pools Inc.
Centre for the Study of Co-operatives opens at University of Saskatchewan (jointly sponsored by the University and Province of Saskatchewan, Federated Co-operatives Ltd., Saskatchewan Wheat Pool and Credit Union Central of Saskatchewan).

1991

Gross Revenue Insurance Plan (GRIP) and Net Income Stabilization Account (NISA) programs introduced jointly by federal and provincial governments.

1993

Pool diversifies, investing in several joint projects, upgrades and new ventures.

1995

Millions spent on facility upgrades.
Pool line of credit expanded to $300 million.
Pool announces plan to close 100 elevators over 3 years.

1996

Pool becomes publicly traded on Toronto Stock Exchange.
Abolition of the Crow’s Nest Pass Agreement

1997

Pool expands with joint ventures in Poland and Mexico.
$195 million spent on 16 high throughput grain handling and marketing centres, plus $40 million for 6 grain condo/terminals.

1998

Pool announces 170 additional elevator closures.

1999

CEO Loewen fired.

2000

Pool debt reaches record high at $1 billion.
Mayo Schmidt becomes CEO.
Pool sells interest in Polish Terminal and Robin’s Foods.
75 managers and 200 employees eliminated.
63 more elevators close.

2001

Pool sells all interests in XCAN Grain, Premium Brands and Heartland Livestock.

2002

Pool sells Western Producer, livestock operations, CSP Foods, feed mills and CanAmera Foods.
Pool cuts 200 positions, 40% at head office.
Merger of United Grain Growers’ and Agricore produces Agricore United, making SWP Canada’s second largest elevator system.

2003

CEO Schmidt announces that Pool is facing bankruptcy; after bondholders reject first proposal, banks and medium-term bondholders approve last minute debt-restructuring plan in early February.

 


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